Why doesn’t a high offer guarantee a win? Here are three reasons why your offer may be refused.
Previously, we talked about a few reasons why a high offer on a home doesn’t always guarantee a win. Here are three more reasons why your offer may have been denied:
1. You’re requesting too many things to be included. If the seller wants to keep their chandelier, don’t ask to keep it for yourself! You may think that you deserve more items if you’re putting in a high offer, but if you really like the house, you need to tread lightly. You don’t want to risk offending the seller.
"A high offer on a home doesn’t always guarantee a win."
2. You haven’t expressed your love for the house. You’re probably not the only one who’s putting in a high offer. When similar offers are on the table, sellers often look for a way to break the tie. If you want to stand out, write them a letter that illustrates who you are and how much you like the home.
3. You gave up after your offer was initially refused. If your offer wasn’t accepted, hang in there. Not all contracts make it to closing, and if you’re second in the running, a deal that falls through can work in your favor.
If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon.