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What Is an Unsolicited Bid? An unsolicited bid is an offer made by an individual, investor, or company to purchase a company that is not actively seeking a buyer. Unsolicited bids may sometimes be referred to as hostile bids if the target company doesn't want to be acquired.
Steps to Write an Offer Make sure the price is right. ... Show proof of pre-qualification. ... Offer more earnest money. ... Waive certain contingencies. ... Include an escalation clause. ... Limit your asks for extras. ... Be agreeable to the seller's needs. ... Be polite.
Always thank the seller for their time and thoroughly proofread what you've written. Decide How You Want The Letter To Look. ... Introduce Yourself. ... Share Your Love For The Home. ... Describe How You'd Live In The House. ... Explain Your Offer. ... Express Gratitude. ... Read Over Your Letter. ... Deliver The Letter To The Seller.
Must-Haves in a House Offer Letter Start with a personal greeting. Address the seller by name. ... Be friendly. ... Share a few details about yourself. ... Explain what you love about the home. ... Flatter the seller. ... Include high-level financial details only. ... Include your essential contingencies. ... Keep it short.
An offer to buy a company or property that its owners did not ask for: They made an unsolicited offer of $3.3 billion.