How Much Time Do You Need to Craft an Offer to Purchase?

by Toni Itkin 03/24/2019

Creating an offer to purchase a home may require several minutes, hours or days – it all depends on the buyer. Fortunately, there are many things you can do to accelerate the process of putting together a homebuying proposal that will get a seller's attention. These include:

1. Study the Housing Market Closely

When it comes to preparing an offer to purchase a house, there is no need to leave anything to chance. If you analyze the real estate market closely, you can gain the housing sector insights you need to craft a competitive homebuying proposal.

Take a look at the prices of recently sold houses in your area, along with how long these residences were available before they sold. With this information in hand, you can determine whether the current housing market favors buyers or sellers and craft your offer to purchase accordingly.

Analyze a house's age and condition as well. By doing so, you can account for the state of a house as you put together an offer to purchase.

2. Maintain Flexibility

Although you may be in a hurry to acquire your dream residence, a seller may need time to find a new place to live. As such, you should maintain flexibility as you craft your offer to purchase and be ready to accommodate a seller's requests.

Ultimately, it is important for a home sale agreement to meet the needs of both a buyer and seller. If you consider the seller's perspective as you create an offer to purchase, you may be better equipped than ever before to craft a homebuying proposal that works well for both you and a seller.

3. Collaborate with a Real Estate Agent - THAT WOULD BE....ME!  CONTACT ME AT 404-229-8242 OR [email protected]

Let's face it – creating an offer to purchase a house can be challenging, particularly for a buyer who is putting together a homebuying proposal for the first time. Lucky for you, real estate agents are available nationwide who can help you craft a competitive offer to purchase in no time at all.

A real estate agent is happy to provide you with homebuying insights you may struggle to obtain elsewhere. He or she can offer recommendations and suggestions as you prepare a homebuying proposal. Plus, a real estate agent can help you submit an offer to purchase and negotiate with a seller's agent on your behalf.

Let's not forget about the support a real estate agent provides after you submit an offer to purchase, either. If your homebuying proposal is approved, a real estate agent will help you finalize your house purchase. Or, if your offer to purchase is rejected, a real estate agent will help you reenter the housing market so you can discover your dream house. In the event a seller counters your offer to purchase, a real estate agent can help you determine the best course of action, too.

Ready to submit an offer to purchase your ideal residence? Use the aforementioned tips, and you should have no trouble submitting a competitive homebuying proposal and acquiring your dream house.

About the Author
Author

Toni Itkin


MEET TONI ITKIN

Toni Itkin is a licensed Realtor® serving buyers and sellers across BuckheadViningsSandy SpringsRoswellMarietta, East Cobb, and other high-profile areas of Metro Atlanta.

Toni began her real estate career in 1992 with Buckhead Brokers, where she earned "Rookie of the Year” before rapidly ascending to her status as a multi-million dollar producer. Since then, she has been consecutively featured in the Who’s Who of Atlanta Real Estate for many years.

Equipped with sharp negotiating skills, an intuitive marketing acumen, and a strong network of professional relationships, Toni is a fierce advocate for her clients. Whether it’s a one-bedroom condo or a multi-million dollar mansion estate, Toni’s ultimate goal is to find her clients a home that perfectly fits their budget and lifestyle. Toni’s reputation for professionalism and trustworthiness in and out of the brokerage community is of utmost importance to her. As a Certified Luxury Homes Specialist, Toni has a finger on the pulse of Metro Atlanta’s luxury real estate market, and as a Certified Relocation Specialist, she is uniquely positioned to provide support for homebuyers who are relocating.

Toni is a member of Georgia Association of Realtors®, National Association of Realtors®, Atlanta Board of Realtors® and Haute Residence’s Luxury Real Estate Exclusive, Invitation-only Network. Toni is also a recipient of the Atlanta Board of Realtor®’s coveted Crystal Phoenix Award, which means she’s achieved the organization’s "Multi-Million Dollar Club” status for a minimum of 25 years. As a Coldwell Banker Residential Brokerage agent, she is consistently ranked among the company’s top one percent of agents worldwide and has been recognized as an honoree of the International Diamond Society, International President’s Circle, International President’s Elite, President’s Premier, and Society of Excellence.

Toni is also very active in local charities and civic organizations, including Habitat for Humanity, the Best Friends Animal Society and the Atlanta and Cobb County Humane Societies. In addition, a portion of Toni’s sales commission on every closed transaction goes directly to the Cares Foundation, which makes a difference in Atlanta communities by supporting a variety of local charitable organizations.  She lives in East Cobb and enjoys traveling, playing golf and tennis, and spending time with her pets and her husband, Ernie, a Cardiothoracic Surgeon.