Offer For Property In Los Angeles
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FAQ
You can always offer 20-50% under asking.
Here are five ways agents can make their buyers' offers stand out. Counsel Your Buyers to Be Realistic. It's your job to make sure your buyer's offer is reasonable. Structure Your Offer Around the Sellers' Needs. Advise Your Buyers to Waive Contingencies Where Necessary. Impress with Your Presentation. Follow Up.
You can always offer 20-50% under asking.
As a buyer, you can either submit an offer before, on or after the listing's offer date. The right option for you will depend on your goals and timeline, market conditions and how much you love the house (are you willing to take a gamble and possibly lose the home to an earlier offer?).
Typically, formal offers are sent by the buyer's broker to the seller's broker in writing via email. In some cases, a buyer will also write a personal note to the seller to send along with it. That letter is known as a house offer letter.
The fact that a house has been on the market for more than a couple of weeks isn't necessarily cause for alarm because there are many factors that could be preventing it from selling. But it's always a good idea to dig deeper and learn the possible causes of the prolonged time on the market.
Some states have specific rules about an offer's duration. California makes offers void within three days of the seller receiving the offer unless it moves forward. Buyers can add an expiration date to their offer.
