Big mistakes buyers make when putting in offers aspen realtor
You found your dream home, and now it’s time to put in an offer.
The seller will be able to accept your offer, reject it, or counter-offer.
But sometimes buyers make big mistakes when it comes to offers.
Fortunately, you don’t have to. Your Aspen Realtor® will be there to help guide you. Still, though, it’s a good idea to understand what some of the most common mistakes are so you can avoid them.

The 3 Most Common Mistakes Buyers Make When Putting in an Offer

If you avoid major slip-ups when you’re putting in an offer, you’ll be able to enjoy a much smoother home-buying process.

Buyer Mistake #1: Taking Too Long to Make an Offer

When you find a house that you want, make an offer quickly. If you wait, you risk losing the house to someone who acted faster than you did.

Buyer Mistake #2: Putting Everything Out There at Once

Even if you’re approved by a lender to spend $800,000 on a home, you don’t have to put it all on the table. If you do, you won’t have room to negotiate. Further, offering such an exact amount for a house might cost you more than you would’ve originally spent.

Buyer Mistake #3: Lowballing the Seller

You don’t want to “lowball” the seller, because chances are good that they’ll pass up your offer and wait for a better one—especially if the home just hit the market. While you may be able to enter into negotiations with a seller after putting in a lowball offer, remember that the seller is under no obligation to accept your offer; he or she can choose to work with a buyer who comes closer (or exceeds) the home’s original asking price.

Are You Buying a Home in Aspen or the Surrounding Communities?

We’d love to help you find your dream home here. Call us at 970-429-8275 or contact us online to let us know what you’re looking for so we can start searching right away.
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