Strategies for Buying Your Dream House – How to Compete In Multiple Offers

The road is not easy for home buyers. As a person who is trying to settle in Sandy Springs, GA, you should know that the market right now is highly competitive. Houses are being sold left and right, and sellers are making a pretty penny.

So, if you are planning to buy a house, there’s one thing you should know – your bid will not be the only one. You might think that you have finally found the house of your dreams but it can be taken away the next minute. How? Well… You forgot that there might be multiple offers and the seller will choose the one that promises a high profit. Following are some strategies that will help you navigate the hot waters of how to compete in multiple offers. However, you should remember that these strategies do not give a 100% guarantee that you will win but it sure does bring you in the front line of the competition.

Multiple Offer Strategies

1. Get the Pre-Approval Letter Right Away

A pre-approval letter is a testament that you are a serious buyer. Sellers love noting more than an instant deal. It’s possible that the next house you look at has had many visitors but only two or three offers. Once you have decided on an amount, get your mortgage approval from a bank or a local lender. This way, if your heart gets stuck on a house on you next search, you can write an offer on the spot.

2. Pay High Earnest Money

Earnest money is quite an effective tool in attracting the attention of the seller. Earnest money is the amount that a buyer pays when their offer is accepted. Usually this amount is 2% of the sale price. The seller keeps this amount if for some reason you back out of the deal. The trick to roping the seller is to increase this earnest money. Somewhere between 5% – 10% is a good amount for earnest money.

3. Go Easy on the Seller before the Closing

When you have got the deal, it’s time to go over a few things with the seller such as repairs, previous bills, maintenance, etc. There is still a possibility that the seller might rescind his offer. Therefore, do not be too harsh on the repairs because you are the one who made an offer after an inspection. Focus on the bigger repairs and explain to the seller why he needs to do them. Be on time for every meeting and do not be too critical or demanding.

4. Pay Over the List Price

Just like buying strategies, sellers have a few tricks up their sleeves too. One of the things that most sellers are advised to do is to set the price of the house below market value. This gives the house an edge over other houses and attracts more buyers. So, paying more than the list price will be in your favor. This might not be possible if you are under a tight budget, but if you really want your dream house, you need to go a little high.

A great way to present your case on why you want to buy the house is to send a short introduction letter detailing out the beauty of the house. The seller will surely notice your emotional attachment and might call you back. You don’t need a realtor working on your behalf to close the deal. Getting personal and showing interest will convince the seller that you are a serious buyer.

Homes for Sale in Atlanta

Price
Beds
Baths
For Sale / All Types
New Listing - 2 weeks online
$210,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,601
SQFT
6796 Foxfire Place Place SW
Atlanta, GA 30349
COOKS LANDING Subdivision
$283,951
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,802
SQFT
673 Python Drive
Atlanta, GA 30349
Camden Manor Subdivision
$330,349
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,363
SQFT
7064 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
$299,026
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
3,040
SQFT
7057 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
Price Change - 3 weeks ago
$329,990
Single Family Home For Sale
Active
6
BED
4
TOTAL BATHS
3,363
SQFT
663 Python Drive
Atlanta, GA 30349
Camden Manor Subdivision
New Listing - 3 weeks online
$310,270
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,236
SQFT
7024 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
$312,132
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,544
SQFT
7014 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
$301,438
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,040
SQFT
7007 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
Foreclosure
$215,000
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
3,080
SQFT
6629 Overlook Ridge
Atlanta, GA 30349
Cooks Landing Subdivision
$4,000,000
Single Family Home For Sale
Active
7
BED
9
TOTAL BATHS
15,159
SQFT
4690 Thompson Road
Atlanta, GA 30349
 
$12,500,000
Single Family Home For Sale
Active
9
BED
14
TOTAL BATHS
26,000
SQFT
4965 Butner Road
Atlanta, GA 30349
 
$263,000
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
2,260
SQFT
3205 Camden Court
Atlanta, GA 30349
KINGSLAND Subdivision
Short Sale
$195,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,639
SQFT
432 Hammock Loop
Atlanta, GA 30349
 
Short Sale
$209,900
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,676
SQFT
2927 Chilhowee Drive
Atlanta, GA 30331
Legacy at Cascading Creek Subdivision
$245,700
Single Family Home For Sale
Pending
5
BED
4
TOTAL BATHS
2,404
SQFT
3492 Dacite Court
Atlanta, GA 30349
Flat Shoals Manor Subdivision
$162,490
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
1,800
SQFT
6679 Mancha Street
Atlanta, GA 30349
Heritage Park Subdivision
$162,490
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
1,800
SQFT
6690 Mancha Street
Atlanta, GA 30349
Heritage Park Subdivision
$169,490
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,000
SQFT
6683 Mancha Street
Atlanta, GA 30349
Heritage Park Subdivision
$167,490
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,000
SQFT
2205 Creel Road
Atlanta, GA 30349
Heritage Park Subdivision
$174,490
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
2,217
SQFT
6790 Mancha Street
Atlanta, GA 30349
Heritage Park Subdivision
$176,490
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
2,217
SQFT
6687 Mancha Street
Atlanta, GA 30349
Heritage Park Subdivision
$162,490
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
1,800
SQFT
6742 Mancha Street
Atlanta, GA 30349
Heritage Park Subdivision
$169,490
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,000
SQFT
6735 Mancha Street
Atlanta, GA 30349
Heritage Park Subdivision
$176,490
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
2,217
SQFT
2281 Creel Road
Atlanta, GA 30349
Heritage Park Subdivision
$169,490
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,000
SQFT
2285 Creel Road
Atlanta, GA 30349
Heritage Park Subdivision
$162,490
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
1,800
SQFT
2273 Creel Road
Atlanta, GA 30349
Heritage Park Subdivision
Short Sale
$220,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,425
SQFT
6901 Talkeetna Court SW
Atlanta, GA 30331
Falls At Cascade Subdivision
$167,990
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,045
SQFT
505 Hererra Street
Atlanta, GA 30349
Heritage Park Subdivision
$1,599,000
Single Family Home For Sale
Pending
5
BED
6
TOTAL BATHS
5,200
SQFT
210 Rivermere Way
Atlanta, GA 30350
Gates on the River Subdivision
$224,420
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,920
SQFT
5001 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
$215,892
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,920
SQFT
5026 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
Price Change - 3 weeks ago
$224,196
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,920
SQFT
5042 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
$224,788
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
1,976
SQFT
5034 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
New Listing - 4 weeks online
$226,696
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,950
SQFT
5044 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
$226,496
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,950
SQFT
5013 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
$223,846
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,950
SQFT
5017 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
$222,536
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,920
SQFT
5025 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
$223,536
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,920
SQFT
5031 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
New Listing - 4 weeks online
$230,586
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
1,976
SQFT
5035 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
New Listing - 4 weeks online
$232,696
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,950
SQFT
5037 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
Short Sale
$115,000
Single Family Home For Sale
Pending
4
BED
4
TOTAL BATHS
1,912
SQFT
2180 Crossrail Drive
Atlanta, GA 30349
Fairfield Square Subdivision
$211,775
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,176
SQFT
4065 Alveston Drive
Atlanta, GA 30349
Riggins Ridge Subdivision
Short Sale
$135,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,660
SQFT
4765 Buckeye Place
Atlanta, GA 30349
Creekside Subdivision
$299,900
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,046
SQFT
4307 Bellwood Circle
Atlanta, GA 30349
Stonewall Manor Subdivision
New Listing - 4 weeks online
$329,900
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,759
SQFT
4288 Bellwood Circle
Atlanta, GA 30349
Stonewall Manor Subdivision
$212,000
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,006
SQFT
5015 Buckeye Place
Atlanta, GA 30349
Creekside Subdivision
$208,900
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,050
SQFT
4960 Buckeye Place
Atlanta, GA 30349
Creekside Subdivision
$229,900
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,050
SQFT
4915 Buckeye Place
Atlanta, GA 30349
Creekside Subdivision
Price Change - a week ago
$354,990
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,433
SQFT
787 Red Wolf Run
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$333,840
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
3,331
SQFT
6312 Jasper Way SW
Atlanta, GA 30331
Summit At Stonewall Tell Subdivision
$348,841
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
3,433
SQFT
775 Red Wolf Run
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$284,990
Single Family Home For Sale
Pending
3
BED
2
TOTAL BATHS
2,237
SQFT
763 Red Wolf Run
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$355,676
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
2,760
SQFT
112 Old Wolf Court
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$425,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,200
SQFT
5618 Livesage Drive
Atlanta, GA 30349
Union Crossing Subdivision
$425,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,200
SQFT
5622 Livesage Drive
Atlanta, GA 30349
Union Crossing Subdivision
$425,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,200
SQFT
5667 Eternal Drive
Atlanta, GA 30349
UNION CROSSING Subdivision
$360,670
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
3,905
SQFT
359 Woodmill Way SW
Atlanta, GA 30331
Summit At Stonewall Tell Subdivision
$362,750
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,905
SQFT
354 Woodmill Way SW
Atlanta, GA 30331
Summit At Stonewall Tell Subdivision
$450,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
4,386
SQFT
5075 Highland Lake Drive
Atlanta, GA 30349
HIGHLAND LAKE Subdivision
$339,990
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,138
SQFT
2884 Bluestone Drive SW
Atlanta, GA 30331
Summit At Stonewall Tell Subdivision

Atlanta Real Estate

List of homes in the Atlanta area. Are you relocating to Atlanta and in need of a home in Atlanta?, welcome to kstrealty, we not only have homes for sale in Atlanta, but we can help you find Condos. Townhomes , land and any other type of property you are looking for.

Here is the Top Real Estate Markets in Georgia

Atlanta Homes for Sale | Alpharetta Homes for Sale | Marietta Homes for Sale | Sandy Springs Homes for Sale | Decatur Homes for Sale Roswell Homes for Sale Lawrenceville Homes for Sale | Kennesaw homes for sale

Real Estate for sale Nearby

Houses for sale nearby | Condos for Sale nearby | Townhomes for sale nearby

Buying or selling we are here to help you.

Whether you are looking to buy your first home, or you are moving up to your dream home, our real estate agents in Atlanta can find that you the one you are looking for. Kstrealty has the most homes for sale in Atlanta and our information is updated every 15 minutes. If a listing is showing in our website it is because is available.

To get up to date list of homes in your phone or email, register and our systems will notify you as soon as a new home listing is available in our website, our system will also notify if the price the property you are interested is reduced.

Are you looking for an agent to help you sell your home, all of our real estate agents are seasoned real estate professionals, we can help you list your home for sale in any area around Atlanta? Our agents can help you sell your home and also buy your new home, our agents are prepared to meet all your real estate needs, contact us today so we can setup an appointment in your house.

Home Building Services in Atlanta

Need to build a home in Atlanta?, our real estate company can help you find the ideal residential lot to build your dream home and our sister company Traditional Homes of Georgia LLC will help you build your dream home anywhere in Atlanta. Contact us for all your home building needs and other constructions jobs in Atlanta.

Speak Your Mind

*

Web Analytics