As you can tell by the new listings this week, the listing are coming out fast & furiously. With more options to choose from on the market, you would think the buyer would have the upper hand but this is not necessarily true.
There are many buyers out there that are ready and have been awaiting the influx of spring listings. They know what they want and when they see it, they jump on it. This can frustrating for buyers that aren't quite sure what their checklist all consists of and before they have a chance to decide if they are willing to put in their offer, another offer is put onto the table.
So what can you do so that your offer is the accepted offer by the seller? Here are 5 tips to help you in your quest:
It can be tough to make a decision when you are weighing all the pros & cons of a home. This is why it is ideal to make a list of what you are looking for in a home and what it a "must", "acceptable" and "not an option " in that list. As your agent, I will discuss all your requirements with you and can set you up in a search that will target your needs for a home. This will keep you on top of all the new listings that come available and will give you the opportunity to "jump" on the one that fits the bill.
2.) Your agent
This can be the difference in seeing properties to actually purchasing a property. As a Realtor, my job is to help you find the best possible home for you for the best price. I thoroughly enjoy what I do and am dedicated to giving my clients the best service & advise I can.
When you are competing for a property, it is important to have the strongest financing available. Meet with a loan officer or mortgage broker prior to starting your property search so that you can be pre-approved for a mortgage. Not only with this assist you when putting in an offer and releasing the subjects, but it will also give you a realistic evaluation of what is affordable for you. It can be devastating to find the home of your dreams and then find out you cannot get the mortgage to puchase it.
4.) Details, details!
During the house hunting process, learn as much as you can about the homes you are interested in. Ask for any reports that may already be on file from property taxes to previous well tests to maps. With this information in hand, it will assist you in making the right decision for you and your family.
5.) Patience is key!
As much as a buyer can be ready to jump, I also advise that the process can still be overwhelming if the sense of urgency to have an offer accepted outweighs the comfortable feeling of consideration and value. The real estate process almost always has some stress involved for new and experienced buyers. The more knowledge you have about a particular neighborhood market and home, the better the offer strategy will be and the more likely it will gain the seller’s nod of approval. It may take several attempts, but the right home and the right deal will come along.
If you would like to talk about strategies to find the right home for you, do not hesitate to give me a call. I pride myself on going above and beyond to meet your real estate goals and would love the opportunity to work with you!