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BiggerPockets Real Estate Podcast

826: 5 Steps to Get ANY Home Offer Accepted (WITHOUT Being the Highest Bidder) w/Christian Bachelder and Lindsey Iskierka

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 3 October 2023

⏱️ 66 minutes

🧾️ Download transcript

Summary

The 2023 housing market may be the “toughest real estate market” we’ve ever experienced. But, after this episode, we bet your home offer will get accepted, even during a wild seller’s market, even if you’re not offering the highest bid, and EVEN if this is your first time buying a home. While you may THINK that sellers always choose the “highest and best” offer that comes their way, we have a few experts to prove that that’s rarely the case and how you can win even in an impossible housing market. First-time home buyers and veteran investors alike are feeling the sting from this never-ending sellers market. There are still more buyers than sellers, and bidding wars have come back into fashion. Thankfully, a few quick tips from today’s expert agent, Lindsey Iskierka, and David Greene’s own mortgage broker, Christian Bachelder, can help you win the home you love or your next cash-flowing, equity-boosting investment property. We’ll walk through the five steps ANYONE (yes, even you) can take to put yourself in the BEST position to make a bid on a property, how your lender can ensure you DON’T get squeezed into paying more, and the biggest mistake new home buyers make that are costing them their dream home. Stick around because once you put these tips into practice, you could have too many accepted offers on your hands. In This Episode We Cover How to get your home offer accepted in 2023, EVEN if you’re not the highest bidder Pre-qualification vs. pre-approval and why you CAN’T mistake the two Why you MUST call your lender before putting in ANY property offer (save THOUSANDS) The “rate stack” that could lead to a lower mortgage rate or a credit to closing costs The powerful negotiation tool that could land you tens of thousands at closing One common “hiccup” you MUST avoid when closing on your next property And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Bigger Pockets podcast show eight twenty six coming at you from Las Vegas

0:07.2

You have to call this an agent and find out specifically what is a seller looking for what is most important to the seller

0:13.0

We can't make assumptions that we know that it's highest price and best terms

0:16.8

There might be more to it. Do they need to run back?

0:18.9

Do they want smooth financing?

0:20.8

They want a longer escrow is there certain things that they're looking for in an offer that will only find out if I make that phone call

0:26.8

Go to four of the agents

0:28.4

A lot of them a little bit get them to sell me all the information about their listings

0:32.2

So that I can take out about some of my buyer and say okay, here's the scoop

0:35.6

What's going on everyone is David Green you are host of the Bigger Pockets real estate podcast the biggest the best the

0:40.6

Baddest real estate podcast on the planet every week

0:43.7

We are bringing you stories how to's and the answers that you need in order to make smart real estate decisions now

0:50.0

In this current market

0:51.6

So we're really glad to have you in today's episode

0:54.0

We're talking about how to get your off your accepted and get deal terms to work in one of the most challenging markets

0:59.8

We've ever seen I've brought in Lindsay is Kierka and Christian Bacheltor two of my partners in the real estate game to explain what we do

1:07.3

To help put clients under contract in an incredibly competitive market and more importantly how you can do the same

1:13.6

The game has changed the old advice of right 100 offers and hope that something sticks is not working in a market where every seller is getting

1:22.2

What feels like 100 offers so if you want to win in today's environment yet to be strategic and intentional in today's show

1:28.4

We're going to tell you exactly how you can do the same if you've been frustrated because your offers are not being accepted

1:34.8

Where things are going wrong or things are changing in the middle of the process that you were not prepared for

1:39.8

Today's show will help you a ton in eliminating some of those obstacles and hurdles and getting rid of the snacks

...

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