How to win a bidding war

If you are buying in today’s market, you can count on a bidding way. Here are a few tips to set you up for success.

1. Remove Contingencies

When considering removing an inspection contingency, proceed with caution. Make sure that you know the age of the roof and the primary systems in the home.

2. Increase your earnest money

It’s always a good idea to make your earnest money check at least 1%, of the sales price; however, in this market consider increasing substantially 📈

3. Offer the seller a rent back

Find out if the seller has a place to move and if not, offer them a lease back option to buy them more time to figure out their next move

4. Hire a realtor with top negotiating skills

Now more than ever, it matters who you work with. Top notch negotiating skills are a plus in today’s market and The Hokel Real Estate Team has you covered when it comes to negotiating.

Call today to discuss how we can set you up for success in today’s market.

📥 Hokel Real Estate Team | www.hokelrealestateteam.com | 📲515-981-2113