Today’s market is extremely competitive. Today, I’ve got three ways you can overcome obstacles and find success as a buyer.
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If you have been frustrated recently by the amount of competition and the lack of available homes in our current market, you aren’t alone. Many homebuyers in recent years have faced these obstacles. But there are ways to overcome difficulties such as these. Today, I’d like to share three tips that will give you the edge you may need to win your ideal home.
First, you should work with an experienced agent who will look out for your best interests. Working with an agent and developing a home buying strategy will be critical to your success.
Agents on my team will even be able to give you access to homes before they hit the market. On top of that, we use top-notch technology to ensure you’re aware of the hottest deals the minute they do hit the market. Both of these things will be a great advantage to you as a buyer.
A mortgage pre-approval is another key step in preparing for your home search, especially in our fast-paced market. The same moment as you may be submitting a loan application, someone else could be submitting an offer on the home of your dreams. Our team has connections to all the vital contractors you’ll need to make sure you don’t miss out.
The second tip is to consider a strategy—how can you differentiate yourself from other buyers? First-time homebuyers may be able to beat out someone whose offer is hinged on a contingent sale. While other buyers may need to coordinate a closing date around another, separate transaction, first-time homebuyers have the advantage of flexibility. Playing on your strengths will help you win big in today’s market.
Seeking out potential rather than perfection could be the key to your success.
Finally, look for “ugly ducklings.” Pristine homes in popular neighborhoods will always fly off the market. Understandably, these beautiful properties will be the hardest to snare. By extending your options beyond a home that is already perfect, you will have access to a whole new realm of potential properties. A home that may be a little dated, for example, can be transformed with as simple a fix as new paint and flooring. Seeking out potential rather than perfection could be the key to your success.
Additionally, sellers with listings like these will realize their need to be flexible on price. Other homes in this category may present a bigger challenge—but they present the same opportunity. If you are willing to take on the task of needed repairs, a fixer-upper could really help you be successful in today’s market.
Our team is guiding clients to successful sales every 16 hours. We want to help you put our experience to work for you.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
