What are my options if my offer is turned down
What Are My Options if My Offer Is Turned Down?
Having your home offer turned down can feel disappointing, but in Portland’s competitive real estate market, it’s not uncommon—especially when multiple buyers are bidding on the same property. The good news is, you still have several options to move forward strategically.
First, ask your Realtor to get feedback from the seller’s agent. Understanding why your offer wasn’t accepted—whether it was price, contingencies, or closing timeline—can help you adjust and strengthen your position for the next opportunity.
Second, consider making a stronger offer if the home is still available. This could mean increasing your purchase price, shortening contingency timelines, or offering a larger earnest money deposit. However, make sure any adjustments fit comfortably within your budget and risk tolerance.
Third, explore other properties. Portland’s housing inventory changes daily, and a home that’s just as perfect—or even better—may be hitting the market soon. Staying flexible and ready to act quickly can give you a winning edge.
Finally, partner with a local expert like Lisa Mehlhoff Homes, Portland Realtor, who knows how to craft competitive offers, build strong relationships with listing agents, and negotiate terms that stand out in a crowded market. A “no” today doesn’t mean the end of your home search—it just means the next “yes” is around the corner.
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