7 Tips for Writing the Perfect Real Estate Offer Letter

WHAT IS A REAL ESTATE OFFER LETTER?

A real estate offer letter is nothing less than a physical (and or digital) correspondence expressing a buyer’s intent to purchase a property from a homeowner.

As its name suggests, offer letters are given to homeowners in an attempt to express a buyer’s interest.

To be clear, an offer letter is an informal offer to capture the owner’s interest; it should come complete with a concrete offer and an explanation as to why selling would make perfect sense.

1. Address the Seller by Name. I.e not Dear Seller.
2. Highlight What You Like Most About the House. E.g Don’t forget to mention specific details that you admire and discuss how the home differs from the others you’ve seen.
3. Share Something About Yourself. I.E You can talk about your family and where you’ll be moving from or throw in other comments that could give the seller a sense of what moving into the house would mean to you.
4. Discuss What You Have in Common.

Just make sure you don’t cross any boundaries and make the seller feel uncomfortable.

5. Keep It Short & Simple.

You don’t want to beat around the bush or bore your seller to tears with a long-winded essay.

6. Explain your bid, even if it’s low.

Now you can move from emotion to numbers, something concrete. Be honest, polite and respectful.

7. Close the Letter Appropriately with Gratitude.

The best offer letters start and finish strong.

As you conclude your letter, remember to express genuine interest in buying the home.

It’s also a good idea to thank the seller for taking the time to consider your offer.

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