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How do I make a competitive offer in a seller's market?

By Bob Millaway, South Jersey Community Expert & REALTOR®

Work with your agent to price your offer competitively based on recent comparable sales. Include a pre-approval letter, consider waiving some contingencies if you are comfortable, offer a larger earnest money deposit, and be flexible on the closing timeline. In Burlington County's competitive areas, being prepared to act quickly when the right home appears is essential.

Why It Matters

In a seller's market, multiple offers are common. A strong, clean offer can be the difference between getting the home and losing it to another buyer.

Related Questions

What should I look for during an open house? How much should I save for a down payment? What are closing costs and how much are they? What loan options are available for first-time buyers? What questions should I ask my real estate agent when buying?

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