How aggressive is your offer?

5 Replies

When buying Real Estate especially listed properties how aggressive do you get in order to get your offer accepted? How much earnest money, due diligence, ect. That you know the seller will say "I accept" with no counters and when its multiple offers situation. 

Mia.

All depends on your market. 

In LA we offer highest and best right up front. 

In Memphis or Cleveland we offer low, but all cash and try to get the property for as little as possible.

My current market is very hot.
Like @Antoine said, if it is a property the numbers work out and I know I want it, I would make the highest and best offer right upfront, 5 days diligence, plus no inspection, seller pay zero dollars for repairs, property is sold as-if; because I can do a brief light inspection myself at the same time I look at the interior unit, and I have my own handyman who will upgrade the unit anyway.

Plus no home warranty. All seller like my Clean offer unless there is another offer has a higher price than mine

The cleaner the offer the better. 

I see investors adding every kill the deal clause in the world as possible on their deals that's the bottom priority. A seller wants to see the clearest path to the finish line. Nothing says accept me like an AS-IS Cash offer with a sizable non nonrefundable earnest money deposit. 

James Wise, Real Estate Agent in OH (#2015001161)
216-661-6633

The dumb schmucks in ATL throwing as-is offers at $50k above list price are going to get killed. Use your head.

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