“Can You Send Me a Proof of Funds?” How to Respond With Confidence
When a seller or agent asks for proof of funds (POF), they’re not trying to hassle you, they’re simply doing due diligence. Here's how to turn it into an opportunity.
Austin Beverigde
Tennessee
, Goliath Teammate
Whether you're a seasoned real estate professional or just starting out, the quest for success is a constant journey.
The market is dynamic, filled with opportunities and challenges that can either propel your career forward or stall it.
This guide is designed to provide you with practical strategies to enhance your real estate career, whether you're an agent, investor, or industry pro.
“Can You Send Me a Proof of Funds?”, What This Really Means
When a seller or agent asks for proof of funds (POF), they’re not trying to hassle you, they’re simply doing due diligence.
POF is a standard request in cash or creative deal scenarios, especially in off-market deals. It demonstrates that you’re a serious buyer and that you have the means (or backing) to close. Instead of being caught off guard, treat this question as an opportunity to build credibility and move the deal forward.
What Counts as Proof of Funds?
Not every seller or agent needs a million dollars in your account, they need evidence that you can back up your offer. Acceptable POF formats include:
Bank statement or screenshot showing accessible funds
Letter from your bank verifying available cash
Line of credit statement
Letter from a private money lender
Letter from a partner or investor (if buying with JV)
Make sure to redact sensitive account numbers and date your proof documents within 30 days to keep them relevant.
How to Respond With Confidence: Sample Scripts
Here’s how to respond calmly, clearly, and professionally when someone asks for POF:
If you have proof of funds ready:
“Absolutely. I’ll send over a redacted statement and letter from my lender shortly. Everything’s in place to move forward quickly.”
If you’re waiting on a partner:
“I’ll be partnering on this one. I’ve already confirmed the capital is available, and we’re finalizing documentation. I’ll send that your way within 24 hours.”
If you’re new and don’t have formal funding yet:
“I totally understand the need for POF. I’m currently working with a couple of capital partners and can provide a soft commitment letter while we finalize numbers. Would that work for now?”
When to Push Back (Politely)
Sometimes, sellers request POF far too early, before any basic information is shared or before motivation is confirmed.
In those cases, you can push back gently:
“Happy to share that, but I usually reserve POF for when we’re a little further into the process, once I’ve seen the property details and we know we’re a good fit. Is that fair?”
This frames you as a serious professional who doesn’t just chase every shiny object.
Developing a Personal Brand
Your personal brand is how you present yourself to the world. It’s what sets you apart from other professionals and makes you memorable.
Value of a Strong Personal Brand
A strong personal brand builds trust, credibility, and recognition. It communicates your values, expertise, and unique qualities to potential clients.
Benefits of Branding
Effective branding attracts clients who resonate with your values and approach. It differentiates you in a crowded market, making you the go-to professional in your area.
Building Your Brand
Define your unique selling proposition, maintain a professional online presence, and consistently deliver quality service. Your brand should reflect your personality and values.
Educating Sellers on the Buying Process
Many sellers have misconceptions about cash buyers or creative financing. Use the POF request as a moment to explain how your process works:
“Just so you know, I often buy with investor partners. We move fast, pay closing costs, and keep it simple. Proof of funds just means we’re good to go when you are.”
Educated sellers are more likely to trust you, stay in the conversation, and view you as a solution, not a risk.
Adapting to Market Changes
The real estate market is ever-changing. Adapting to these changes is crucial for long-term success.
Value of Adaptability
Adaptability allows you to stay relevant and competitive in a fluctuating market. It ensures you’re always prepared to meet new challenges and seize opportunities.
Benefits of Being Adaptable
Professionals who adapt quickly are better positioned to take advantage of new trends and changes. This flexibility can lead to increased business and reputation as an industry leader.
Strategies for Adapting
Stay informed, be open to change, and continuously evaluate your strategies. Embrace new technologies and be willing to pivot when the data tells you to.
Using Goliath to Pre-Qualify Sellers
One way to reduce unqualified requests for POF is by only targeting the right sellers in the first place.
Goliath Data allows you to:
Pull targeted lists of motivated sellers
Score leads based on behavior and timeline
Automate outreach and follow-up
Tag and segment sellers based on their interest level
This means fewer tire-kickers, less back-and-forth, and more serious conversations.
Proof of Confidence, Not Just Funds
Proof of funds is more than a document. It’s a reflection of how you position yourself. Do you sound like a buyer with a plan, or someone hoping to get lucky?
When you respond to POF requests with clarity, professionalism, and calm confidence, you build trust, stand out from competitors, and move one step closer to getting the deal.
And when you use tools like Goliath to ensure you’re only talking to real sellers, not time-wasters, you gain the time and focus needed to close more.
