It is not easy to start and stand out in a sea of competition, especially in today's environment. Sealing that deal takes a lot of effort, energy, sweat, and tears. Today, I am going to discuss the six strategies to make your offer stand out.

1. Building Rapport with the Seller

What I’ve learned it is all about the relationships that you have to build in this industry. Meaning to say, you need to have a good relationship and image with people you meet in the industry. Avoid burning bridges as you’ll have a bad reputation that can stick with you for a long time.

Building a good relationship with the seller from initial contact to inking that deal is very important. For me, it is not all about the property or the deal that you are trying to close, but most importantly, having a good bonding with the seller will give you the advantage to stand out. I always make sure to give them my thank you card, and I believe that has given us an upper hand.

 2. Go Hard Day One If You Can

 This is non-refundable money for the deal. Meaning, you are more serious in purchasing a property you want. This gives the buyer more assurance wherein you are willing to invest your money no matter what happens. It is something that you have to be prepared if you want to be noticed.

 3. Be Ready

If you are always ready it will allow your offer to stand out, and you can easily close the deal fast. Your contractors, lenders and essential contacts should be ready all the time. Having everything lined up allows you to go that much quicker versus getting the deal under contract and then scrambling to get bids on the roof or to get bid on the renovation, rehab or overhaul on a project. Doing these in advance always gives you more edge to be noticed. 

4.  Buying the Property As-Is

By buying the as-is property means, you are purchasing the property no matter what the condition it is in. If you have it in the contract that you are buying the property as-is. This gives the seller more assurance because they just want clarity that you have the ability to close and you will not make them make repairs to the property if it needs it.

5. Credibility

Credibility is very important in this industry. As for me, I put together a credibility book that is pdf document which simply lays out my track record such as the deals I have closed, how long business has been in existence, holdings and news publications I’ve been featured in.  

I believe that having that credibility book allows me to have more credibility and transparency in the industry.  I put this document together not just for the lenders and brokers but also for the owners of property who are off-market.   This gives me an upper hand so that I can gain credibility and trust.

6. Have Enough Large Pipeline and Deal Flow

Having the ability to walk away to know that sellers can get that feeling from you that you have a lot of deals that you are working on and you don’t have to compete or overbid for all these properties on the market or even a seller-direct. Letting them know that you can always look for other deals gives you the edge, and it has always worked for me.  

In conclusion, having that edge in the industry of real estate is not easy without a substantial strategy to make your offer stand out. With the above-mentioned techniques, I hope I was able to provide you with the right information that can help you with your journey in real estate investing.  

P.S.

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