John is right that there are lots of cash offers, and things you can do to make your offer look stronger. For example, you can agree to pick up some fees that are traditionally paid by the seller, such as a home warranty. If you are writing offers contingent on selling another property, that is your problem right there.
James is also right that you need to make your best offer first. I tell this to all my buyer clients.
For my buyers who can afford it, I do recommend looking into new construction. No multiple offers, no short sales, no bankers with unreasonable demands, and everything is exactly as you want it to be.
Be fair When it's finally time to start talking a dollar figure for the home, be fair to both yourself and the seller.
Obviously, you want to get the home for the lowest price possible. But the seller wants to get as much from the deal as they can, too. It's crucial that you don't lowball them on your first offer. If it's too low, the seller may be so offended that they don't even counteroffer
Are you a cash buyer or a financing buyer? If you are not a cash buyer it can be very difficult to get an offer accepted as you are required to get an appraisal. If you bid higher than the appraisal value the seller may require you to come in with the difference in cash. Financing buyer's that don't have this extra capital will have an even tougher time getting an offer accepted. In addition the seller would rather go with a cash offer that does not require a financing contingency. Properties are being bought up by cash buyers that don't require an appraisal and are willing to pay above the appraisal value.
I look forwad to hearing from you.
The Adams Team at
Rothwell Gornt Companies
So my best advice to you would be to make you initial offer the strongest one possible and avoid missing out during a counter stage that might not happen-
Also it takes an agent who is in the market with knowledge and information to help lead you down the path to success. Call me- we get offers accepted. 702 491 9601
Prominent Realty Group LLC
David Cooper Investor
(1) Come in with a conventional loan
(2) ask for no closing costs
(3) come in at list price or higher
(4) buy your own home warranty instead of asking the seller to pay for it.
(5) don't be rigid in your criteria that you "must have certain things such as pool, etc."
(6) choose less popular areas to buy in
(7) choose new construction
Myra Gouger / REALTOR / Realty ONE Group / 702-858-9311 / firstname.lastname@example.org / http://www.nevadahomesdirect.com
Owner/Broker - Orange Realty Group, LLC
8460 S. Eastern Ave. Ste C
Las Vegas, NV 89123