The “Closing Guarantee” Secret That Crushes Cash Buyers

We're still in a highly competitive market. There's still lots of multiple offers happening. The market is changing, but there's still high demand out there.

So I want you to think about what can you do to incentivize people to take my offer over maybe a cash offer if my buyer is being financed.

What would be a unique strategy for that?

One unique strategy I found from one of my top producing teams is this:

They use a closing guarantee. Maybe you're already using one, but if you're not check this out, here's what they do:

When they write an offer, they include a closet that says, "Hey, listen, just for accepting our offer and considering us, we're gonna guarantee that we're gonna close it by this specific date. And if we do not close it by that specific date, we're gonna give you a non-refundable earnest money of $10,000, $5,000, $20,000."

By using that closing guarantee, what you're doing is providing clarity to the seller, so they can feel confident that your offer is as good or better than a cash offer (if you're competing with a cash offer).

I thought that was a unique strategy and something that can really set you apart in the marketplace — especially if you keep losing when you're competing with cash buyers.

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