Offer Strategy options

[Vijay G.]

I m newbie and planning to put an offer for a 3bed2bath 1870 sqft near Disney world which is zoned for STR. This property was built in 2005 with little outdated kitchen and cabinets. I heard from realtor, 3 offers on the table already. 2 nearly full price. 1 full price with appraisal. I m an out of state buyer thinking of my 1st Airbnb STR. How can I be competitive with these. One option is to waive appraisal. Zestimate shows 90k less than the listing price. I already checked airdna, good revenue for STR. Any suggestions on how to proceed with offer would be appreciated.

[Michael Dumler]

@Vijay G. if you're not comfortable waiving the appraisal contingency, you can include an appraisal gap clause to be competitive and still have a safety net if the appraisal comes in lower than the intended purchase price. I would have your agent run out to the property and provide vids/photos for you to assess so you can submit your highest and best. Count your blessings, I wouldn't necessarily consider this to be a competitive buyers standoff, for my market and many others are still seeing 20+ offers over asking. Hope this helps!