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You are here: Home / Real Estate / How to get your home offer accepted despite heavy buyer demand

How to get your home offer accepted despite heavy buyer demand

June 26, 2018 by Jason Farris Leave a Comment

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There is a lot of frustration in the real estate market right now for homebuyers. There’s so much buyer demand, and very little inventory.

One reason why is because the people who currently live in their home and are looking to sell can’t find a home to buy, so as a result, they don’t sell theirs. So with inventory so low, the competition to have an offer accepted is much more fierce.

There are strategies to having an offer accepted

If you are a buyer, there are strategies that can increase the chance of getting your home offer accepted—strategies I can provide you and help you with, to help you get your offer accepted, to get you a better chance.

Now, I’m not talking about overpaying for a home. Nobody wants to go and overpay, right? I’m talking about simple strategies that we can implement during the process of looking for a home and writing a contract that increase your chance of getting your offer accepted as soon as possible. That’s the important part, because as prices increase, you’re going to be getting less home for more money. And so the sooner we can identify a property that meets your needs, a property you love, at the price you want and the terms you want, and the sooner we can negotiate and get you under contract, the better off you will be.

get your offer accepted

One strategy that works

Here’s one strategy that I know works: Increase your earnest money deposit. As someone who lists a lot of homes every year, I get to see why a seller accepts one offer over another. We get five, six, maybe 10 offers sometimes on the properties I list and sell. So I sit down with the sellers and we look at these offers, and a lot of them have this one thing in common: A strong earnest money deposit often makes the difference between getting your offer accepted and not.

Instead of putting a $1,000 deposit down, or even one-and-a-half to two percent, whatever it is of the purchase price, put that skin in the game. Let the seller know you’re serious. You love the home, and if once you remove your contingencies to purchase, you’re willing to risk that money.

And that’s one strategy you can use. I’ve got many, many more, and I’m going to share those with you in upcoming posts. These are strategies that very few agents in the marketplace know about, but I’m happy to share them with you.

Contact me directly for more info

If you don’t want to wait for a future post, feel free to call me at (559) 708-8768. That’s my direct cell phone number. You can call me on it, or email me at Jason@fresyes.com. I know I can help!

Photo by Russ Hendricks

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Jason Farris
Jason Farris
Head YES man at FresYes.com
I grew up in Fresno. Relaxed in its calm breezes, listened with my dad to the crack of the bat at little league baseball games when I was a kid and now take my son to do the same at minor league games. I broadened my mind at its schools (I went to high school right here at San Joaquin Memorial, and to college at Fresno State!) I love that if I drive for two hours in one direction, I can be in the mountains. For two hours in another, luxuriating on a California beach. I can enjoy the cosmopolitan atmosphere of San Francisco or Los Angeles, but still be able to come home to relaxation, calm, and quiet.

I love where I live, and I also love what I do. I'm lucky to be able to work in a profession in which I get to build relationships; one that has me meeting new people each and every day and helping them to build new lives in my beloved city. I'm lucky enough to work in a profession in which I can marry cutting-edge technologies and marketing techniques to good, old-fashioned, nose-to-the-grindstone work. I am lucky enough to work in a profession that allows me to work as an advocate for my clients; to use every tool at my disposal to get a job done well for them, and with as little stress and expense as possible.

I love my city. I love my job. One inspires my excellence for the other.

Fresno? I say FresYES
Jason Farris
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Filed Under: Fresno, Real Estate Tagged With: buyer demand, clovis real estate, fresno real estate, Real Estate Tips

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Fresyes.com was started by me, Jason Farris. Yes, I'm in real estate. I think that real estate is so much more than buying and selling homes. It's all about the lifestyle, it's about community. Here in the Fresno / Clovis area we have such a wonderful sense of community. I wanted a place that best reflects the people, the places and the lifestyle that we call home. Fresyes.com is that place. We have fabulous authors who share what makes this community of ours so special. I also write here, and not always about real estate. You can find all my posts HERE

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