Black Hole Of Real Estate Podcast
Incomplete Offers Lose Homes Buyers Want... Episode 276
Incomplete Offers Lose Homes Buyers Want... ...as sellers avoid offers that are missing key elements Most real estate agents have access to offer forms where they can fill in a series of blanks with the price and terms that a buyer wants to offer to the seller it sounds simple and it can be if all the blanks are filled in it would help if they were filled in correctly and when this happens the sellers agent can quickly break down the bulllet points for the seller we often find that most sales come down to price and possibly a couple of terms to iron out those offerss typically find common ground and go under contract and then there are the offers that don't have all the blanks filled in don't show proof of funds are missing key deadlines are improperly worded have conflicting information are missing riders and/or disclosures have the math wrong those are the ones that batted back and forth way too many times they are the ones that lose out in multiple offer situations ultimately a buyer can miss out on homes that they really wanted to buy for completely avoidable reasons tune in for all the details on how to avoid this situation