Search Louisville Area Real Estate

Negotiating a Winning Offer

The great part of having a real estate agent helping you on the buying side is the relief you'll feel knowing that you are putting in an offer for the house based on thoroughly researched comparable properties and other important information used to determine the true value of the house.
 
After your agent submits an offer on your behalf, there are three options the seller now faces:

  1. Accept the buyer's offer
  2. Reject the buyer's offer
  3. Submit a Counteroffer back to the buyers
There are some tips and techniques to help your offer gain favorable consideration over other offers that are presented to the seller. Your agent will know these techniques and will share other ideas in constructing a strong offer to buy.
 
  1. Be pre-approved from the lender prior to submitting an offer. This will show the buyer that you are serious about buying the house and give them the peace of mind to know that there won't be delays should they accept your offer. The pre-approval instantly separates you from other offers that aren't from pre-approved buyers and could have you as the winning buyer at a lower price with the seller choosing simplicity over potential confusion.
  2. Provide a substantial “good faith” deposit with your offer. The “good faith” deposit is indicative of your genuine offer to buy the house. Being pre approved makes you look serious and the “good faith” deposit further emphasizes that.
  3. Try to organize and limit your contingencies such as financing approvals, inspections, and the sale of your current house if necessary.
As your agent we'll work with you to create a solid offer on the house of your choice and ensure that it's presented with the strongest techniques in place to increase your chance of an accepted offer.
  
Start Your Home Search
Search For Homes What's My Home Worth? Instant New Home Alerts

From Our Blog

Fabulous New Listing with Open House

We have a fabulous new listing for you in the desirable neighborhood of Saratoga Springs. 4900 Carriage Pass Place will be open on Sunday, August 19 from 2-4PM. Priced at $379,900 this 4bed/4bath home won’t last long! The family room and ...Read More

Wednesday, August 15, 2018

Kentucky State Fair is almost here!

the Kentucky State Fair is almost here! August 16-26, 2018 The Kentucky State Fair is just around the corner! Whether it is a yearly tradition for you to go, or you have never been before, this is an event you don’t want to miss. Enjoy classic ...Read More

Sunday, August 5, 2018