Buying A Home
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Adding a personal letter to an offer

Hi, I have been lurking for a little bit but have a question so here goes:

We have a small budget (for our HCOL area) and have put in about 7 or 8 offers that have not been accepted.  I have heard that adding a personal letter to your offer may help it stand out to the seller and give you a little bit of an edge. My DH is a little skeptical but I am willing to try anything now . Has anyone done this or heard of doing it?

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Re: Adding a personal letter to an offer

  • Yup gotten a few of these with the last home we sold. I dont know what you are planning to put in yours but the 2 I got were desperate sob stories. While I feel for people I am not going to (and most people arent) going to take an offer much lower then the others just because I feel bad that someone has no $ or is having a rough time. Now if you are talking a nice note of we love your house and the yard is great for our son to play in with the future dog then go for it. I loved getting those. No they still didnt change my mind about the sale though. What always made me look twice at an offer and I dont know if your circumstances will even allow this. Was a note that they would not give me a laundry list of stuff to fix or do and were willing to take the house  "as is" cosmetically. I know there have been a few other posters on here that have mentioned receiving letters with offers as well. Did you ask your buyers agent what they thought of the idea? Good Luck and let us know how it works out.

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  • We did that when we put in our offer two weeks ago. I felt like it was absolutely necessary because the sellers are actually clients of mine that I see on a weekly basis, so we already have a personal connection with them. We knew there was someone else very interested in the house and was likely to put in an offer (ended up being the exact same offer as ours given on the same day as ours), so we wrote a personal letter about how much we loved the house and could see starting and raising a family in the house.

    We're under contract on the house, we're so excited to get the perfect house of us and the sellers are happy because they know their house (which they loved) will be going to someone else who is going to love it just as much as they do. I do think a personal letter, when written correctly and for the right reasons, can make a difference in which offer a seller goes with.

  • We did it for one house we offered on - not a sob story, but something exactly along the lines of what Bri mentioned. You could try it, but stay away from the sob story thing.Sellers usually care most about the bottom line - $$. If the money is equal and you have the letter and your competition doesn't it might give you an edge.

    We offered on three houses and lost all of them, including the one we're under contract for:

    House 1: Five offers received. Accepted offer was full price, 75% down with no seller assist.

    House 2: Two offers received. Accepted offer was for same amount (95% of asking) 20% down with no seller assist.

    House 3: Two offers received. Accepted offer was full price, all cash with no seller assist. Cash buyer walked away and we got the house with full price +3% with 3% back for closing.

    If you're doing FHA you might want to consider going 5% conventional if it's an option for you. You can also go sellers' choice on things like inclusions, closing date, etc if that's an option. 

  • We did this for one place we put an offer on.  As the others pointed out, it all depends what you say.  We felt that the seller of that property would be receptive to the letter.  We did not get that place because there was another offer and we have not written letter with any other offers.  Again, as the PPs suggested, in the end it is a business deal and the bottom line with be $$.  GL!
  • While I would be happy that my house was going to someone who really wanted it, it would not make a difference to me in which offer to accept unless they were basically identical in all other respects. I would never take less money because they put in a letter.
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  • I agree with the others.  The only edge that would have mattered to me was how much money I was going to have to bring to the table.  I was already going to lose money on the deal, so there isn't a letter good enough for me to give someone I don't know a cash gift.  That's what I would be doing if I accepted an offer for less than a competing offer.

    Like others have pointed out, a letter may give you the edge if there are multiple similar offers.  If you have lost out 7 or 8 times, it sounds like you may need to look in a lower price range. 

  • The only time I've seen that work is if the seller is really, really attached to their house and are selling reluctantly. Like when older people who've lived in one house forever decide (or their adult-children decide) to downsize.

    In that situation, I've seen buyers submit a letter saying how much they love the house, that the gardens are beautiful, they can't wait to bring children back into the house, they'll try to maintain the property as well as the current sellers have... basically playing to the sellers weakness.

  • Thanks everyone for the replies. I was certainly thinking of writing a letter stating how much we loved the property and would take good care of it, not a sob story (I would not be a fan if I was the seller). On almost all of the houses we have submitted offers on we have offered the full price, there always seem to be other offers that are offering more or have all cash. It has been frustrating but I am sure our house is out there somewhere.
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