In a Bidding War? FBR has Your Bidding Tactics!

busy realtor

The Bids Are On!

Your offer is one of several. What can you do to compete, and most importantly, win?

Bidding situations are quite common these days with the low inventory and high amount of prospective buyers. Luckily for you, Florida’s Best Realty Agents have you covered.

When it comes to Boca Raton real estate, Florida’s Best Realty is your top choice! Real estate bidding in this area can be tricky, but we’ve got the experience you need to gain the upper hand.

Our tips can help you gain knowledge and gain the advantage you need to close the sale:

Choose wisely. Make sure your real estate agent is a good negotiator and doesn’t simply write and submit the offer. The offer is the very tip of the iceberg. Your realtor should be working on getting information on the seller’s needs and expectations. This means following up, getting more personal interaction, even meeting the listing agent if possible. And yes, our agents do all this!

If it doesn’t convey, just let it lay. Don’t turn off the seller with items such as rugs and lawn care equipment. These things should not be on a competitive offer and your agent should tell you so. Feel free to request and negotiate only AFTER yours is the prime contract. Which leads to our next point…

Make it simple. Simpler, the better & more attractive. The less complicated and nit-picky your offer is, the more likely the seller will consider it. Trivial items (leaky faucets, minor repairs, paint job, etc.) will magically make your offer invisible. These trivial factors will most likely be addressed.

Place a large consideration/earnest money deposit – Show that you’re a serious buyer. Money talks. Cash is king. Confident? Then consider making it non-refundable upon acceptance.

Financing? Know that Sellers and listing agents prefer CONVENTIONAL loans over FHA & VA. If you are a buyer who needs FHA or VA financing, present your highest & best from the get-go.

Do your research and get a strong, knowledgeable team to represent & guide you. Looking online and making a few phone calls can sometimes only get you so far. Ask friends, family and co-workers for recommendations. You can rest assured with Florida’s Best Realty. We’ll lock you into a strong team. From real estate company to your personal agent, to lenders, home inspectors, title company…etc.

We’ve been in Boca Raton for over 13 years and we’re equipped for every challenge and opportunity.

It’s a Seller’s market. Buyers need top notch counseling. Florida’s Best Realty can provide all that and more.

STAY TUNED: MORE TIPS TO COME.

Brought to you by Florida’s Best Realty Services

Reach us at 561-208-1382

5499 N Federal Hwy, Suite B. Boca Raton, FL. 33487

 

 

 

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