Part 1: The Prep

1. Pre-Approval and Turnaround Time:

   - Aim for a quick turnaround time with the lender to shorten the condition window.

2. Understanding Offer Paperwork:

   - Discuss offer intricacies beforehand to alleviate pressure during decision-making moments.   

3. Deposit Readiness:

   - Ensure availability of funds for the deposit to be pulled from the account immediately upon securing a home.   

4. Understanding Home Vintage Elements:

   - Familiarize yourself with unique aspects like polyB or aluminum wiring and estimate replacement costs in advance.  

5. Scheduling Efficiency:

   - Minimize time lost in correspondence by aligning schedules and reducing back-and-forth.

6. Keeping an Open Mind:

   - Explore "maybes" to gain experience and confidence in decision-making.

Part 2: The Mindset

Adapting to Market Changes:

- Understand that markets change, requiring different skills as an agent and buyer.

Understanding Market Value:

  - Focus on what sellers are willing to sell for and buyers are willing to pay, rather than list price.

 Offer Strategies:

  - Utilize escalation clauses, personalized letters/videos to sellers, minimal conditions, strong deposits, and ideal possession dates.

Part 3: The Presentation

1. For Buyers

Preparation Checklist: 

   - Have pre-approval and a drafted letter to sellers ready.

Letter to Sellers:

     - Personalize the letter, explain the offer intentions, compliment the sellers, and express why the home is the perfect fit.

2. For Agents

Effective Communication:

     - Engage in real conversations with the seller's agent to understand their priorities.

Offer Presentation:

     - Structure email content with a summary and include the buyer's letter at the forefront of the offer.

These show notes provide a comprehensive overview of competitive offer strategies, encompassing preparation, mindset, and effective presentation techniques for both buyers and agents.