An offer presentation date is when a Seller has decided to receive offers (if any) on a specific date and time. If you find yourself as a Buyer submitting an offer on this date, here are the best ways to come out as a winner:
1. Ensure you have spoken and understand your limitations on offer price with your mortgage broker/bank ahead of time. You will want to do this to avoid adding a financial condition to your offer.
2. Ask the listing agent for a Pre-Home Inspection Report (if one was completed) or look to have this completed prior to submitting an offer.
3. Always, work with your real estate agent to competitively position your offer in a favorable light. Offer submission is an art, and can be creatively thought through to ensure you do come out a winner.
Note, with multiple offer scenarios, the tolerance for conditions changes, so ensuring you have done your homework before hand, will pay off.