This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Requesting a best and final offer is a seller's tactic to try and encourage high offers on a property. The usual process is that an estate agent will advise potential buyers to make their offer by a certain date. This avoids the need for the seller to enter into negotiations with multiple purchasers.
Here are five ways agents can make their buyers' offers stand out. Counsel Your Buyers to Be Realistic. It's your job to make sure your buyer's offer is reasonable. Structure Your Offer Around the Sellers' Needs. Advise Your Buyers to Waive Contingencies Where Necessary. Impress with Your Presentation. Follow Up.
Your letter should explain why you're interested in buying the house and include details regarding your mortgage financing and expected closing date. Often, the key to writing the best offer letter is finding a way to connect with the seller on a personal level.
Just call the listing agent and tell her you want to put in an offer and you don't have a buyers agent. She will represent you and can likely give you very valuable feedback about what a ``competitive'' offer would be.
You can always offer 20-50% under asking.