Getting to Know the Steamboat Real Estate Market »
Buyer's Resource Library »
Correct Steps Buyers Need to Take When Buying a Steamboat Springs Home
Are You a Ready Willing and Able Buyer? Critical Issues to Consider
Do You Need a Real Estate Agent? Questions To Ask Yourself
Prioritizing Your Needs as a Buyer
Important Questions A Buyer Should Ask an Agent
Service Providers You'll Want to Consider
Selecting a Steamboat Springs Contractor or Home Remodeler
Rules and Regulations Every Home Buyer Should Be Aware Of
Common Closing Costs
Characteristics of a Healthy Neighborhood
Simple Steps to Becoming a Smart Buyer
Getting "In Shape" to be a First Time Steamboat Homebuyer
What Not to Do as a Steamboat Springs Real Estate Buyer
6 Truths About Today's Marketplace
The Most Common Hidden Defects in Real Property
Questions to Ask a Steamboat Springs Home Inspector
Steamboat Springs Condo Considerations
How To Protect Yourself Against Unpleasant Surprises
The 5 Big Mistakes Most Home Buyers Make
Keys to Make You and Your Offer Look Great
The Final Walk-Thru
Financing Tips and Mortgage Calculator »
Moving Checklists »
Keys to Make You and Your Offer Look GREAT!
When it is time to make an offer, I’ll help you strategize an offer that creates a ‘reasonable place to start’. Here are some key points that should also be included in the offer presentation that I will assist you with:
Key 1. Proof of ability to pay... have evidence of loan approval or cash. A preapproval
letter from a lender is best.
Key 2. Earnest Money...put down enough earnest money to make your offer look attractive to the seller (but not too much where he thinks he has you on the hook). 5% of the purchase price is typical in the Steamboat Springs market.
Key 3. Offer a price for the property that you think is just below where the seller might accept, but that is not too low where the seller will be insulted or not respond. Some clients have started way too low and dug themselves in a negotiation hole from the beginning and probably would have had a much better chance of getting a better price if they started out at a higher initial offer.
Key 4. Be careful not to include too many terms, conditions & contingencies that might make your offer less desireable to the seller. Only include those terms, conditions & contingencies you really need or want. Also, adding on other conditions at a later time in the counter offer makes for a difficult situation for a seller to accept.
Key 5. I will write an offer Memo when presenting the offer to the listing agent and make a summary list of the STRONG features of both yourself and your offer. Please let me know
Key 6. Part of that letter includes humanizing yourself to the seller, and will possibly talk about your personal situation, desires and family. However, this information will not compromise our negotiating position but be interesting to a seller.