Competing For A Home In A Sellers Market

Competing For A Home In A Sellers Market

Much of the country continues to face a real estate imbalance with more potential buyers than listing inventory. If you find yourself looking to buy in a hot seller's market, the following tips can help  with the process. 


OFFER YOUR HIGHEST PRICE FIRST - If homes in your market are regularly pulling in the multiple offers, now is not the time to offer a low bid. Starting with your best offer will give you a better chance of securing the house of your dreams. 


PRESENT AN APPEALING OFFER - Waive contingencies, offer a quick closing and avoid requesting minor repairs. Get a mortgage underwritten by a lender before touring homes t show sellers your offer won't fall through. 


TAKE A BREAK - If you're starting to feel overwhelmed, take a week or two off from your search. Regroup, re-evaluate your priorities and start your search again when you are in a better state of mind. 


WORK WITH A QULIFIED AGENT - A real estate professional will understand your local market and can provide the strategies you need to make your offer stand out from the crowd. 








Karin Waterschoot-Perez Headshot
Author:
Phone: 614-774-1741
Dated: March 31st 2021
Views: 200
About Karin: Executive Vice President of Sales Experienced Realtor, Karin Waterschoot-Perez, currently serves ...

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