When it comes to buying a home in Albuquerque, the competition is stiff. You will no doubt end up in a bidding war if you do find a home you want. You need to act quick to stay ahead of the competition. More money will always make your deal more appealing, but that’s not always an option.
One way to make your offer stand out is to write a personal letter.
There is a trend for sellers to accept offers by sending a heartfelt letter that explains why their home means so much to you. This method is growing in popularity throughout the Albuquerque real estate market.
In some cases, a letter can be off-putting, so be careful to strike the right balance if you submit it. If you’re worried about not being able to write a genuine, honest letter, you might consider another method to increase the likelihood of your offer being accepted.
Don’t Use a Template
You should always speak directly from your heart when writing an offer letter to a seller. If you are being fake or using a template, this is probably going to backfire, since most sellers are smart, perceptive people who will notice you are trying to flatter or flatter them too much.
Try to Find a Connection
You may identify and highlight some kind of connection the seller and you share. For instance, maybe you both have similar hobbies, or your families have a similar number of children. Do not force it if it’s not there.
There Are Times When a Letter’s Not Worth It
If the seller is an investor or builder, you shouldn’t bother with the letter. They just want to make a profit, so they don’t have any emotional attachment to the property. It might be best to offer them more money or an expedited closing to get their attention.
Appreciate Their Work and Improvements
Don’t be afraid to mention the recent remodeling the seller has done in their home. Houses are a lot of work and the seller’s probably put a lot of effort into it, so it’s good to know others are aware of that.
Do not mention your plans to remodel even if you have some ideas in mind. It’s better for the seller to know that you will enjoy the spaces just as much as they did.
Don’t Be Desperate
Don’t appear desperate or needy. Sellers prefer positive emotions to negative ones. No one likes to feel uncomfortable. They should be pleased to pass their home onto new owners who will enjoy it just as much as they did.
Last, keep it short and to the point. Not only should you be telling the story behind why this is such an important house to you, but you should also include how you intend to use it. You don’t have to go on and on to make an impression.
In your final paragraph, sum up all your key points to provide a takeaway from your letter.
You may not find it easy to write a personable and engaging letter to a seller, and it is not for everyone, but in certain instances it can make the difference in getting the house you want.