4 Ways to Get Ahead as a Buyer in Our Seller’s Market

We have quite a number of frustrated buyers coming to us recently. They are frustrated with the market and the lack of inventory that we have. In order to save you some stress if you’re thinking about buying, we wanted to share with you four great tips that will help you get ahead and start competing in this market. We’ve had a lot of success with these strategies. 

1. Be informed: It’s important to have realistic expectations. It’s the reason why we always like to have our buyers come to our office for a consultation before they begin the process. We just want them to be informed about what’s going on in the market, so they set the right expectations. 

2. Work with a great buyer specialist: Here at Scott Neal Real Estate, our buyer specialists do nothing but work with buyers to show houses, sell properties, and negotiate contracts. They know what they need to do to make sure your offer is accepted.

3. Get fully approved for a home loan: This is more than just talking to a loan officer. To get fully approved, you need to go through the entire application process with a bank or lender. They need to see your tax returns, bank statements, and more to get an idea of what you can afford. Also, if you’re a cash buyer, it’s important to provide us with your proof of funds.

We’ve had a lot of
success with these strategies.

4. Talk to your agents about your wants and needs: If your agent really knows what the bottom line is and what your wants are, they are going to give you the best resources that you can possibly have to meet all your needs and as many of your wants as possible. 

We know it can be frustrating out there, but if you follow these steps you have a much better shot at winning those bidding wars. We’ve had a lot of success with our buyers and in fact, some of our buyers are paying below asking price. 

Give us a call or send us an email if you need any help navigating today’s market, or if you’re looking to buy or sell yourself. We look forward to hearing from you!

No comments :

Post a Comment