Let's talk about one of the most underrated strategies in real estate - backup offers. I'm a firm believer in them, for both buyers and sellers. Every year, I close 10-15 transactions that started as backup offers. Here's why they work ? For buyers: you can make a backup offer on a home that's already under contract — no earnest money required, just a pre-qualification letter. You can keep shopping for other homes, and if you find something better before you move into first position, you can wal
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Ever hear a seller say, “We already accepted an offer, so we’re done”? Not always. If you get multiple offers, asking one of the non-accepted buyers to be a backup offer can be a smart move. It gives you leverage, protects you if the first deal falls apart, and often keeps everyone motivated to move forward. And yes, buyers do agree to backup offers more often than you’d think, especially in competitive markets. This is one of those strategies most sellers don’t realize they have until someone e
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Customers are most likely going to pick options that surpass their budget. Make sure you let them know that the extras they are adding will surpass their budget, and have a backup offer ready that is within their budget. #sales #business #salestips
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