Frustrated you'll never get a house in a competitive market? have no fear! We've compiled the best ways to win multiple offers and beat out other buyers in a price bidding war. Check out our Home Buyer Cheat Sheet - How To Win Multiple Offers. Good thing you stopped by the website because we have updated the list with our latest tips for how to win multiple offers on a house in 2021. Here are the top 10 ways:
- Waive low appraisal with an additional down payment resource
- Use an Escalation Clause to automatically increase your bid.
- Do a Pre-Inspection/Waive your Inspection Contingency
- Submit a Non-Refundable Earnest Money Deposit
- Write a personalized letter to the seller
- Good Representation - Clean delivery of the offer
- Mortgage Broker Calls the listing agent
- Have your agent calls for inside details, "seller hot buttons"
- Move fast to tour the home in person.
- Have a 100% Pre-Approved and Underwritten loan approval.