How Do You Get Your Offer Accepted in a Bidding War?

Here are six tips that will help your offer win out in a bidding war.

How do you get your offer accepted in this unbelievably hot real estate market? Every listing seems to be getting multiple offers, so it’s not unusual for buyers to write offers for several different properties before getting one accepted. The good news is, I have six tips to share that ensure your offer wins out in a multiple-offer situation. Price is important, but it’s not the only part of your offer you need to enhance.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety, or use these timestamps to browse specific points at your leisure:

0:30—Tip No. 1: Expect to write an offer over list price

1:20—Tip No. 2: Get pre-approved

2:29—Tip No. 3: Remove contingencies in your offer

3:41—Tip No. 4: Have your agent call the listing agent

4:27—Tip No. 5: Write a letter to the seller

5:08—Tip No. 6: Write a large earnest money deposit

As always, if you have questions about this or any real estate topic or are thinking of selling a home soon, don’t hesitate to reach out to me. I’m happy to help.