When it is a seller's market in real estate, it can be hard to get your offer accepted. Kyle Whissel with Whissel Realty gives 3 simple tips on how to get your offer accepted.

How to Get Your Offer Accepted in a Competitive Market

The market is red hot right now lots of properties are getting multiple offers on them. In fact we just had a property this past week get 24 offers on it, that's crazy. We want to tell you how you can make your offer stand out from the crowd when there's 24 offers on it.

Let me tell you the story of this particular property and how the one buyer whose offer was selected stood out over the other 24 offers on the property. 

Follow Instructions

First and foremost, the most important thing is that your agent follows the instructions. You'd be shocked how many times there are instructions on the MLS that the agent doesn't follow. They automatically just kind of get knocked down a notch with the listing agent, so you want to make sure you've got an agent who's really good at following instructions. If you're working with an agent and you're telling them things and they're not listening to what you're telling them, that might be a sign you need a new agent.

Making Your Offer Attractive

Second, you want to make the most attractive offer possible. Your agent needs to do their job and connect with the listing agent on the other end and find out what that seller scenario is. Sometimes sellers want it to close extremely quickly and get paid, a quick close is the most important thing to them. 

Sometimes you've got a seller who wants a longer close and they need to rent the home back for a little bit after it closes. It's really important when you're interviewing agents to ask them what their strategy is when they're gonna be submitting an offer for you and if that strategy doesn't include connecting with the listing agent to assess the sellers needs, that's a sign you might not have the right agent.

Another tip for you, once you find the right property and your agent follows the instructions on the MLS and connects with the listing agent to make sure they know the seller's needs, is make your offer stand out. 

To make that offer stand out there are two ways to do this, one that's become very common is for you to write a letter to the seller to give them a little insight into who you are because the seller doesn't know who you are. They don't know you from the other 23 offers on the table so you want to make yourself stand out. Tell them a little bit about who you are, your family, your kids. Talk about what brought you to that neighborhood and most importantly what you love about their house and what you see your family doing in that house. I want to raise my kids here, the schools are great. I went to the same school and I'm really excited to raise my kids. It's on a cul-de-sac and I could see the kids playing in the cul-de-sac on their bikes.

Tell those stories because that really will help your offer stand out. Or if you want to really take it to another level do a video, Google says that 80% of the content we consume by 2019 which is next year will be video, a letter is great but a video takes it to another level.

While you're with your agents, stand out in front of that property and have your agent grab their cell phone and shoot a quick little video. Same exact principle talks about who you are, what you like about the neighborhood, what you like about the house and how you see yourself living in that house. Now you become more than just a number on a piece of paper you’ve become a person.

That's really what helps you stand out and in the case of that 24 offer property the one the seller picked, they picked because of the story for that particular buyer.

There's your tips of making your offer stand out and how to win in a competitive market if you're looking for an agent who's gonna help you stand out give us a call or shoot us a text 858-699-3895 thanks for watching

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