Three offer terms that matter more than price in a Davis County bidding war
Most buyers walk into a multiple-offer situation thinking they need to write the biggest check. That is sometimes the right call. More often, the seller is comparing three other things first.
1. The earnest money number
The size of your earnest money deposit tells the seller how serious you are. A $5,000 deposit on a $500,000 home reads as a tire-kicking offer. A $15,000 deposit on the same home reads as committed.
2. The appraisal language
Are you bound by the appraisal? Will you pay over appraisal up to a stated amount? Will you waive the appraisal contingency entirely? In a competitive Davis County market, an appraisal gap of $10,000 to $25,000 written into the offer is often what gets you past the next-best offer at the same price.
3. The deadlines
How fast can you close? How short is your inspection period? Sellers prefer 30 days over 45. They prefer 7 days of inspection over 14. They prefer financed pre-approval over fully underwritten only when the math is otherwise equal if you are pre-underwritten, say so.
None of these terms feel like the price. All three are what wins the house when prices are close.
Before you write your next offer in a multiple-bid situation, let’s structure it to win on terms, not just price. We’ll walk through your earnest money, appraisal gap language, and deadlines so your offer stands out where it counts. Call or text 801-922-HOME, or reach out at BrysonRealEstate.com — let’s build an offer the seller can’t ignore.
