How Should Buyers Navigate Through A Competitive Market?

If you’re a buyer, you might be feeling very frustrated right now. You’ve looked at numerous houses, put in some offers, but you can’t seem to get the home you want. If this sounds like a situation you are in, here are some helpful tips to think about when finding your next house.

If you see a house that you like, it’s very important to schedule a showing immediately to try and be one of the first buyers in the door. 

 

In this market, it’s likely you will be in a multiple-offer situation if the home is priced and located right. Therefore, you want to put your best foot forward with the offer price. The days of “low-ball” offers have come and gone. 

 

If possible, you want to cover your own closing costs. It’s ideal to not give the sellers any reason to not accept your offer. 

 

The details in your offer do matter and make a difference. You want to be flexible on the closing date. Some sellers might prefer an early close date, while others could benefit from having some extra time. With inspection periods, sticking to a maximum 10 day inspection period will look more appealing to a seller versus a 15 day inspection period. 

 

Buying a home is a very important decision financially and emotionally. Having the right realtor by your side can make or break the home buying process. We do have some more tricks up our sleeve to get your offer accepted, if you’d like to hear those, let’s chat!