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How to get your offer noticed in the Hudson Valley’s seller’s market.

Wednesday, September 16, 2020   /   by Vanessa Saunders

How to get your offer noticed in the Hudson Valley’s seller’s market.



By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
If you’re hoping to buy a home in the Hudson Valley these days, you’d better have all your ducks in a row. By that we mean you need to prepare your offer to make it stand out among all the other offers you may be competing with. The Hudson Valley real estate market has two things going on that make it a place where home-owners selling a primo house at a reasonable price can sit back and take their pick from the multiple offers coming in. First, there are relatively few homes for sale so buyers are competing for them. Second, buyers are taking advantage of phenomenally low mortgage interest rates. That combination means the seller is king.

But there are things buyers can do to get a seller to choose their offer over others, and they’re not all about price. Price is not always the most important factor, but do not offer less than listing price. Realize you may need to offer more than the amount the seller is asking. Keep in mind that in a seller’s market, you won’t get the kind of deal you would if the tables were turned.

Below are four other ways to catch a seller’s attention.

Bump up your down payment.
A larger earnest money deposit might look very attractive to a seller. It shows you have money to spend and are serious about your offer. Ask your agent’s advice on the deposit; then consider doubling or tripling that amount. You're going to pay it anyway at closing.

Don't ask for favors.
This is not the time to ask the seller to give you the refrigerator or washer and dryer, part with fixtures, or paint the front door.

Be flexible with possession dates.
If it is customary for the seller to move at closing, give the seller a few extra days to move. Another buyer probably won't think of this maneuver, and the seller will look more kindly upon an offer that lets them move at leisure.

Have your Pre-Approval and Proof of Funds in hand.
If your pre approval letter is from an out-of-area broker or lender, get a local pre-approval instead. Match your pre approval letter to your sales price and date it the same day as your offer.

You still may lose a bidding war against all cash deals or any of a number of possible other strategies, but submitting a good offer never hurts in a market like this.


  hudson valley real estate, hudson valley home, buying a home, home investment, 'urb to 'burb, first time home buyer, making an offer on a house, bidding wars

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258


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The information appearing herein has not been verified by One Key, Inc or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

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The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.
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