Inventory is down ~33% in San Mateo County from last year. Over bidding & multiple offers has been the norm this year for most properties.
I'll be sharing a few strategies on getting your offer accepted in a multiple offer environment.
Tip #1 is to include a buyer introduction letter with your offer. It should not be longer then a page & it's a nice touch to include a photo. Only about 10% of buyer's agents include the intro letter with their offer. This is one way to help separate your offer from other buyers especially if price & terms are similar.
The video has a couple more tips on why this is an importance step when crafting the most competitive offer possible.
I hope this tip is helpful.
I'm here to answer any questions you have about the market or upcoming listings that I have.
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