Strategy behind Making an Offer

The process of looking for a home is interesting but when it comes to making an offer, things get difficult. It gets difficult if you don’t know what the best strategy to use is. Making an offer is a very important aspect of getting the best price for your home. To make sure that you get the best price for the home and avoid coming across a lot of problems and complications, you need to have a good strategy.

Tips for understanding the strategy of making an offer

  1. Purchase offers

When you find a house that you have been looking for in Bloomfield, Essex County, NJ, all you need is to make an offer. The first thing to do is make a purchase agreement. A purchase agreement is a document that lists the price you are willing to pay for the house and how you are going to pay for it. The second thing is to make a purchase offer. A purchase offer contains money deposit that shows that the seller that the buyer is serious about purchasing the home.

  1. Comparative market analysis

Knowing the current trends in the market where the home you are interested in is located is very important. It is the best way you can make a good offer. You will need to ask your real estate agent to bring you a comparative market analysis list. It will help you determine the offer you are going to put on your home after comparing the recent sales in the area around your property. This helps you make an offer neither too high nor too low. Comparing the sale prices of property around your home helps you create a range of your offer and come out with the best one for your home. 

  1. Time on market

The time factor is really important. If a home has been on the market for a long time, it means that the buyers are not interested in it. This could mean that the property is overpriced and that the owner could be willing to sell the home at a lower price. If the property has not been in the market for a long time and the number of buyers interested is huge, then the owner might make an offer price that is slightly higher than the asking price but not too high.10450069023_38927c8213_h 


Knowing everything about the seller and the home being sold is the key to making an offer. When you get to know everything, then you will be able to make an offer that they are going to accept and not bring you problems. You can also ask your real estate agent to help you come with the best offer for the home.


Download our
FREE Market Guide

  • This field is for validation purposes and should be left unchanged.

See Our Google Reviews

Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
Next Reviews

Site Map
Privacy Policy

Click for the BBB Business Review of Cash Buyer New Jersey