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How To: Make An Offer On A House

Make an Offer for a House

Your Guide To Making The Best Offer

When it all comes down to it, the offer you make on a house is the determining factor between you getting it or not. Making the wrong offer can leave you missing out on your dream home, while making the perfect one all but guarantees you will end up with the keys. That is why some of the best real estate tips we can offer are on making an offer. Here is a quick guide on how to make an offer on a house that the seller is sure to love.

  • Know The Area: To help you find the right price point for your offer, look at comparable homes in the area. Ideally, the homes you look at should be within a mile radius of the property you hope to buy. Compare their sold prices and base your offer off an average, adjusting for specific differences between the houses (e.g. offer more if yours has marble countertops).
  • Know The Market: If are you in a buyer’s market, you might be able to get away with a little more than if you find yourself in a seller’s market. Make sure you check out the average number of days homes in the area stay on the market, how the current season affects the market, and list price vs. sales price comparisons to get a feel for the market. Price your offer accordingly.
  • Know Your Seller: Try to find out what matters to the seller and offer it. Do they want a quick closing? Come with your paperwork in order. Do they really want to keep their refrigerator? Let them. The more you can please the seller, the more you sweeten your offer.

Once you make the right offer on a house, all you will want is for closing to go quickly so you can finally move in! To work with a team that will expertly handle all of your escrow needs to ensure you close as quickly as possible, contact Brighton Escrow. Serving Hermosa Beach and the neighboring California cities, we are here to help you get your dream house on your dream timeline.

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