probably never know all the reasons why a seller is selling but one thing that is common is that it's usually emotional for them. They often have to think about the financial component and letting go of a home they love. This can be a challenge for some people so be patient within reason. • Re-negotiate the price lower after inspections. Buyers often try and re-negotiate after an inspection. I've been successful at renegotiating many times but it's not easy. Be realistic and remember no home is perfect. • Respect the Purchase Contract. Make sure you understand all clauses before you sign. Don't be afraid to go over the contract with your agent. It's very frustrating for everyone if you find out something later that you didn't understand, then try to blame your agent or your lawyer claiming something wasn't explained.
WHAT IF THERE ARE MULTIPLE OFFERS? FFERS?
In a seller’s market, you’ll probably have competition for the house you wish to buy. Sellers might be considering several offers at the same time. There are several different strategies you can use when competing with other buyers it just depends on your level of risk. Example: I've had clients that were willing to pay over the asking price without any conditions of inspection or financing to make their offer very attractive. Not everyone is comfortable with that so if you need financing approval it can really help making your offer attractive by having a letter from your lender stating, you are pre-approved. Never make an offer without an inspection condition unless you are prepared for some possible surprises. Weigh this decision out carefully and discuss the possible risks you will need to accept. The reputation of your realtor can also play a major role here. I've
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