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How to Better your Chances in Multiple Offer Situation

Pia Johal November 23, 2021

Here Are Some Steps You Can Take to Better Your Chances of Scoring the Property You Want in a Multiple-offer Situation:

  1. All Cash: If you can, make an all-cash offer with no financing contingency.
  2. Above Asking Price: Indicate you are willing to purchase above the asking price.
  3. Larger Deposit: Offer a larger earnest money deposit.
  4. Shorter Term: Agree to a shorter term to close. 
  5. Due Diligence: State you need a shorter time for due diligence.
  6. Deposit: Agree to a hard money deposit.
  7. Temporary occupancy: Offer temporary occupancy for the seller after closing to give them more time to move out.

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