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Updated about 4 years ago on . Most recent reply
How to make a winning offer
Hi, we are very interested in small 2-4 units multi-family homes in the CA SF Bay Area. If the seller agent has received multiple offers, how we can write an offer (offer amount, contingencies, terms, ... ) to increase the chance to win but without overpaying unnecessarily? Thank you and any input is much appreciated!
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- Realtor
- Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
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P.S............Some Realtor's will tell you to remove all contingencies and offer over asking price, etc. I NEVER tell a client to remove all contingencies. I don't care how "hot" the market is....you always protect yourself with at least an inspection contingency and an appraisal contigency. When buying a 2-4 unit...your offer needs to make snse to you....not the seller. If your Realtor is telling you something different....find a different Realtor to work with.