4 keys to a stronger purchase offer

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Q: When you finally settle on the house you want to buy and you find there are multiple offers, how should you negotiate to make your offer the better one? A: To those who are not currently active in the market, your question might seem a little bizarre. Multiple offers? In this buyer's market? Absolutely! The best-priced homes in the best condition in the most desirable neighborhoods are receiving multiple offers, even in today's market where so many sellers are struggling just to get a single one. In fact, even homes that need more than a little TLC can get multiple offers if they are priced and/or located "right." So, what's a buyer to do? There are actually a number of things you can do to make your offer competitive when you're not the only one for whom that house is their dream house: 1. Price. I hate to be predictable, but the reality is that the price you offer is probably the single most important factor in making yourself competitive. Unless you're offe...