How to Handle Real Estate Transactions Without an Agent



If you’re a first-time homebuyer, you might have noticed that there are many more cash offers on homes today than ever before. This trend is a result of a booming real estate market that’s seen an influx of iBuyers, flippers, and even well-heeled investors flooding the market with home purchases.

All cash offers are a great option for buyers who want to get into a home quickly. However, this strategy can be difficult to compete with if you’re looking for a mortgage.

The first step to beating all cash offers is to make sure you’re fully qualified to purchase a home. That means getting a pre-approval from a lender, and making sure that your application is complete with all necessary documentation.

Having all of this information in front of you before you start shopping will make it much easier for you to prepare a competitive offer that’s accepted by the seller. If the all-cash buyer has a financing contingency in their offer, you’ll need to find a way to get it waived. Click here


While this might sound like an extra step, it’s actually a crucial one. Not only does it give you a better chance of getting your offer accepted, but it can also help you stand out amongst other interested buyers in a competitive market.

Another great tip to follow if you’re competing with all-cash buyers is to make your offer slightly lower than the seller’s asking price. This is a common strategy for investor buyers who aren’t looking to finance a home purchase and are instead planning to upgrade the home, then sell it for more than they paid for it.

You can even make your offer more attractive by waiving the appraisal contingency, which gives the seller the peace of mind that their home will appraise for a fair price. This could make the difference in whether or not you land your dream home.

Having a pre-approval from your bank is important because it shows sellers that you’re serious about purchasing their home. It can also give them confidence that you’ll be able to close on the transaction, which is especially helpful in a seller’s market with multiple all-cash offers.

If you’re not sure whether or not you should pursue an all-cash offer, it’s best to talk to your real estate agent before you go out and do it. They’ll be able to give you a lot of useful advice about which strategies will work in your market and which won’t.


A good real estate agent will be able to help you understand how the market is shifting and will know how to best position your offer so it gets accepted. They can also recommend a loan review from a mortgage professional to ensure that you’re approved for the home and that you’re financially prepared to buy it.

It’s also a good idea to check out a loan calculator to ensure you’re in the right price range for your home. This can also help you understand how long it’ll take to close on your home and how much money you might need to bring in from other sources to cover your closing costs.

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