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How to make a strong offer when buying a home

How to make a strong offer when buying a home

1.Follow the advice from your Realtor®

They are experts in your market area and know exactly how to help you make the strongest offer possible. They will help you decide on what offer to make and how to become creative to give you an edge in this highly competitive seller’s market.

2. Get preapproved first

Not only is this imperative because by getting preapproved you will know exactly how much house you can buy but it also is a great idea because it gives you a slight advantage by letting sellers know you are ready and serious about buying a home. 

3. Act quickly

When you find the right home be prepared to move quickly. Chances are if you like the house then someone else likes it too. In addition, the average home is receiving multiple offers and goes under contract in just days. So, ponder about it if you want to but just don’t take too long. 

4. Offer list price

This is a seller’s market and homes are selling at almost a 100% list to sale ratio. Meaning, that sellers are getting their list price or more on just about every single home on the market. Therefore, don’t send an offer that will be rejected out as soon as it’s received. This is where your agent will give you advice on how to make a competitive and fair offer to better your chances of getting an accepted offer. 

5. Try to make an offer without contingencies 

This might be a little tricky if you have to sell your current home to purchase a new one. Or, if you live out of state and would like to make an offer on a home without seeing the property. Contingencies are not absolute make or breaks but they will typically hinder an offer. Especially, when there are several other offers on the table. Just something to consider.

Gregory Rutledge- REALTOR®

Century 21 Platinum Properties

Christian Black Team

1051 Hwy 76. Clarksville, TN 37043

C: 352.233.8419 O: 931.771.9072

*Each Century 21 office is independently owned & operated

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Gregory Rutledge

Gregory was originally born in Florida, but he moved to Tennessee in 2011 while serving in the military with the 101st Airborne Division. Soon after moving to Clarksville, he realized the diversity and the potential the rapidly growing community had. Therefore, he decided to make Clarksville his forever home. After leaving the military, Gregory began his undergraduate studies at Austin Peay State University majoring in the field of psychology. After graduating from Austin Peay, he decided to transition into the real estate business. Gregory is a Realtor for Century 21 Platinum Properties and a member of the Christian Black Team, who genuinely enjoys meeting and communicating with new people. He loves learning about people and gaining insight into how he can help them fulfill their real estate needs. Outside of real estate, Gregory loves to hunt, fish, camp, and spend quality time with close family and friends. Awards & Designations -National Association of Realtors -Tennessee Association of Realtors -Clarksville Association of Realtors -Military Relocation Specialist

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