Ideas to Help You Win a Multiple Offer Situation

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How do you win a multiple offer situation? Charlotte is a pretty busy, competitive marketplace, so we run into this scenario a lot, and you may have as well. There are, however, ways around it, and we’ve got some ideas for you:

1. Get fully-approved. Take the next step instead of just having a pre-approval letter. That will make your offer almost as good as cash.
2. Call the other agent and have a conversation. This is one we like to do to find out what this seller is looking for. Is a high earnest money deposit important to them? Or an extended move-out date? We like to know what their situation is so that we can cater our offer to fit exactly their wants and needs.
3. Guarantee the appraisal. Appraisals are always a big deal. One way you can win is to guarantee yours.
4. Write a contract stating that our offer will always be $500 above the next closest offer.

Those are just a few, but we’ve always got more! If you have any questions, just reach out to us by phone or email.

Don’t Trust Zillow For Your Home Valuation

Looking to buy in Charlotte?  Get a full home search

 Looking to sell in Charlotte? Get a free Home Price Evaluation

Why can’t you trust Zillow? Not to just pick on Zillow, but also Trulia, or Realtor.com, or any automated valuation websites. The reality is, they just can’t come up with an accurate price of your house without physically seeing it. We’ve seen them off by as much as 30% or more. There are lots of reasons why it just doesn’t work.

For example, it can’t account for where you are in the neighborhood. Are you on a main street, or a cut-through street? Or are you in the back of a cul-de-sac? That makes a difference. So does how much you’ve remodeled or updated, or haven’t updated. Automated sites can’t tell you that. More importantly, they don’t know what the most sought-after school districts are in Charlotte. There are big disparities between some of them. You want to make sure you’re in a highly sought-after school district if that’s something that is important to you.

So, how do you get around this? It’s pretty simple - just get a real estate professional to get out there and take a look. We can do that, and so can other people. The other thing you can get when someone comes out is advice on what to do and what not to do to get the most for your money itself. Don’t do more than you need to.

Thanks for joining us, if you have any questions feel free to call us or send us an email.