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How does offer strength factor into a real estate transaction?

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www.washingtonblade.com

As we enter the spring market, it might be a good time to review what makes someone’s offer to buy another’s home competitive or not.

At various times in the housing market, we have seen where the need for a buyer to write a very competitive offer has been crucial to “win” the offer and to purchase the desired home.

If a seller receives six offers for their home, they will usually pick one that makes it easier for themselves in the transaction.

At other times, and in other scenarios, a buyer can ask for more agreeable terms from their perspective. Usually there are about three categories that buyers and sellers focus on when they are crafting and reviewing an offer.

Read more on washingtonblade.com
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