How do I write a competitive offer in a hot Keys market?
Short Answer
Writing a competitive offer in the Keys requires understanding what the seller values most. A clean offer with financing pre-approval or proof of funds, a reasonable inspection period, and flexibility on closing dates can be more attractive than a slightly higher price with contingencies. In multiple-offer situations, an escalation clause and a personal letter to the seller can help your offer stand out.
Steve's Advice
Steve Conley
Principal, Conley Sales Group at COMPASS
When the market is hot, speed and certainty win. I tell my buyers to have their financing pre-approved (not just pre-qualified) before we even start looking. In multiple-offer situations, I have seen clean offers at list price beat offers $30,000 higher that had complicated contingencies. Sellers in the Keys value certainty. A pre-inspection and proof of funds can make your offer look like a sure thing, and that is worth a lot in a competitive market.
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