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Navigating Bidding Wars: Expert Insights on Multiple Offers | Tiffany & Ashlee
Manage episode 407491895 series 3561167
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Nobody wants to lose their client’s dream house to a stronger offer. With less inventory on the market and housing prices remaining steady, now is the time to learn how to build excellent offers that sellers can’t pass up. Tiffany and Ashlee share pro tips and personal experiences so you can strategize and build up your toolbox for 2023 and beyond!
Educate Your Buyers
Help clients see the big picture. There are a lot of moving parts for them to understand - it’s not just about how much they offer upfront.
Remind them they don’t need to shop at the top of their pre-approval!
Teach them about the lending process itself. Buyers are trying to be thoughtful about how they spend. Give them as much information as possible.
Work With Listing Agents
Talk to the listing agent to see if the seller has goals they are trying to meet. Tailor your offer to what they want.
If you lose to another offer, talk to the listing agent about why and help your buyer prepare your next offer with that in mind.
Meet with other agents in your free time to compare notes about what they see in the market and how to build great offers in general.
“Feedback from a listing agent or the listing side is how you’re going to write more competitive offers.” – Ashlee Jankovich
“Do you remember when we would have stacks 20-30 offers deep? And it didn’t matter the price point… We’re not back to that, so keep it in perspective. It’s not that bad, but I feel like things are different now.” – Tiffany Klusacek
Resources
Get access to our free Portfolio Market Review template today at www.realestatable.com/portfoliocover.
Get access to our free spreadsheet to organize your clients, potential clients, and all things needed to track your deals successfully. Visit www.realestatable.com/spreadsheet to get access to our free template.
Connect with us on Social Media:
Be sure you connect with Tiffany and Ashlee on social media.
Show Credits:
Our Executive Producers and Hosts are Ashlee Jankovich and Tiffany Klusacek. The Realestable podcast is produced by TSE Studios. Music provided by SoundStripe.
45 episodes
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