7 Tips To Writing A Winning Real Estate Offer

1. Get Your Money Right

• Pre-qualify
• Pre-approval Letter
• Proof of funds
• Get your private lenders ready
• No one will take you seriously if you don't have the funds

2. Use the terminology “As-Is”

• Sellers love that they don't have to fix anything
  Learn to let the small things go
  Plus it's an investment, you don't want to bargain for repairs

3. Short Option Period

• 5-7 days
• I wouldn't go lower than 5, need time to get an inspector to the house
• May need to pay $1000-$2000 option fee depending on length – (more for longer)

4. No Appraisal or Inspection

• Only if you have seen the house and know it doesn't need it
• Only if you decide to bypass the option period
• Only if the deal has enough equity to make up for possible unknowns

5. Cash Offer!

• Need POF
• Cash offers usually beat conventional lender offers
• Seller Covers Closing Costs
• Important: Leave room for negotiation 10-15%

6. Large Earnest Deposit

• Stand out above all offers
• Shows you're serious

7. Quick Closing

• 7-14 days
• Looks better than 30-45
• Usually beats conventional lender type offers
• Give sellers enough time for transition

In conclusion, by including these 7 tips into every real estate offer, you will greatly improve your chances of getting your offer accepted, or at least looked at.