You will request showings directly with potential sellers through the app, as a buyer you will need to verify their identity for the first time in order to see your property.
Our platform provides resources and guidance on how to effectively negotiate offers, we do recommend involving an attorney in the process early and using our affiliate legal referral service Click Here
For Buyers
Understand Your Budget:
Pre-Approval: Before you start negotiating, get pre-approved for a mortgage. This shows sellers you are a serious buyer with the financial backing to close the deal.
Max Offer: Know your absolute maximum offer, including any potential repairs or upgrades needed after the purchase.
Research the Market:
Comparable Sales: Study recent sales of similar properties in the area to gauge a reasonable offer. Use our recently sold comparable feature in the app, to see what other properties sold for. You can use our view comparable property feature to see what similar homes are going for.
Market Conditions: In a buyer's market, you have more leverage to negotiate on price, closing costs, or contingencies. In a seller's market, you might need to be more flexible and act quickly.
Make a Competitive Offer:
Fair but Firm: Start with an offer that reflects the value of the property but leaves room for negotiation. Avoid lowball offers unless the market conditions support them.
Personal Appeal: Sometimes, including a personal message to the seller in our app explaining why you love the property can make your offer stand out.
Negotiate Beyond Price:
Closing Costs: You might negotiate for the seller to cover part or all of the closing costs, especially if the market favors buyers.
Repairs and Inspections: After the inspection, negotiate for necessary repairs or a credit toward closing costs instead of lowering the purchase price.
Be Patient and Flexible:
Contingencies: Use contingencies (such as financing, inspection, or appraisal) to protect yourself, but be cautious about adding too many, as this might make your offer less attractive in a competitive market.
Walking Away: Be prepared to walk away if the deal doesn't meet your needs or if negotiations stall. Having alternative properties in mind can give you leverage.