02/27/2023
If you live in the Washington DC Metro, are you finding it tough to get your offers accepted?
The truth is sometimes, it is the nature of the market. But sometimes, it may be you. Here are some of the reasons your offer may not be getting accepted...
1) You're not being flexible on the closing date.
If your seller needs more time to move, be okay with a later closing date. It can make your offer more appealing and makes you at least *seem* like a laid-back, down-to-earth buyer, which, BTW, sellers love.
2) You're not being flexible with contingencies.
I recommend consulting with your agent on this, but in a hot market, a 'clean' offer may lead to better results.
3) You're not being responsive.
Buying a house can be first come, first served. Try to get in with your agent before the 1st weekend, and if you know you're going to write an offer, get it in asap. Donโt lose out because you werenโt quick to respond.
4) You're not willing to get your financing in order first.
A pre-approval, from a direct local lender, tells sellers, 'I'm serious and not here to play.' So get your lender all the documentation they need and in order FIRST, then make an offer thatโs all buttoned up.
You canโt control everything, but for the things you can, you absolutely should. And in this market, the name of the game is flexibility, compromise, and preparation. Preparation = Success!
If you need an agent who can help you strike that balance, slide into my DMs - I'd love to chat!
Alison Beach
(703) 828-8555