Hey there Bigger Pockets family, looking to hear some other fellow agents on some tricks of the trade to get an offer accepted in this insanely hot market. In this case this offer will be for me and my own primary residence. This house just hit the market this morning, and within minutes every showing appointment between 11-7 tomorrow was filled up. The agent is now doing additional showings by squeezing people in between the scheduled 30 minute showings.
Here are the things I am already planning on doing:
- no contingency on selling my current primary residence. NO chance anything in this market gets accepted with a contingency.
- $20-25k over asking price
- personal letter to the seller (from Google searches she appears to be a widowed older lady). Letters like this always help pull at the heart strings of the sellers.
- flexible closing day. The agent mentioned to me today the seller couldn't close before May 15th, so since we don't have to sell our house to move I can be flexible.
- Thinking of going with 0 inspection contingency. I wouldn't suggest it for every buyer, but I am also a licensed contractor who buys completely trashed and abandoned houses. Worst case scenario something major comes up (like foundation issues) and I lose my EMD. Anything else that might scare a buyer who doesn't know much about houses won't bother me.
Anything else you have seen/used recently that will help set your offer above all the others you are competing against?