How to Handle Multiple Offer Situations in Cobb County

Want to sell your home? Get a FREE home value report
Want to buy a home? Search all homes for sale 

We have a very low amount of inventory here in Atlanta, and we're seeing a lot of multiple offer situations because of this. 

If you're a buyer, you need to remember that the highest price isn't the only way to win a bid on a new home. Sometimes sellers will pick the most convenient offer with the best terms, and not the offer with the highest price. Things such as the strength of your financing, your closing period, the inspection period, and whether or not you have a home to sell can all be used as bargaining chips to make your offer stronger. Cash is not always king.

In some cases writing a personalized letter to the seller can help. This is a good way to make an emotional appeal to the seller, and they will be more comfortable picking your offer over others because you're no longer just a number, you're a face with a story and a reason to buy a home. 

It's also crucial for you to be pre-approved before you make an offer, otherwise the seller will likely not even give you a chance. This is absolutely essential in our current market. Please ask us about our preferred lenders if you do not already know a good one.

Besides a good lender, you will also need a good buyer's agent. This person will need to know the ins and outs of our local market, and you should know that our agents have a wide knowledge of the Cobb County market. We would be more than happy to help you find a good home. Feel free to reach out to us at any time. Now is a great time to buy a home!