Ask Bob Buying a Home How do I make a competitive offer in a seller's market?

How do I make a competitive offer in a seller's market?

Work with your agent to price your offer competitively based on recent comparable sales. Include a pre-approval letter, consider waiving some contingencies if you are comfortable, offer a larger earnest money deposit, and be flexible on the closing timeline. In Burlington County's competitive areas, being prepared to act quickly when the right home appears is essential.

Why It Matters

In a seller's market, multiple offers are common. A strong, clean offer can be the difference between getting the home and losing it to another buyer.

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