Tag: offer

Is a Buy Offer Expiration Date Effective?

The current real estate market is white-hot, with many homes selling in a single day after a bidding war. A tactic some buyers use to elbow past competition is to put an expiration on their purchase offer. Does this tactic work, and under what circumstances?  How offer expirations work When you make an offer to… Read more »

Let’s Make a Deal: Seller Strategies

When you get an offer to buy your house, take a deep breath and set aside your emotions. It’s time to negotiate using solid numbers based on the real estate market’s current conditions in your area. Crunch the numbers.  Ideally, you and your agent did a Comparative Market Analysis or CMA before listing your home,… Read more »

How to Win a Bidding War on a House

If you live in an area where homes are selling for asking price or more, you could find yourself in a bidding war. Here are five tips to reduce your stress and come out on top. Have your money in order.  Do a solid budget analysis and know precisely how much you can afford to… Read more »