It’s a seller’s market out there, so how can you buyers get a good deal? How can you have a successful home buying experience? Here are a few tips for how to be a buyer in a seller’s market.
Be Ready to Jump In
Your agent will probably be calling you 24/7 with different homes found that match your criteria. Be ready to see these homes A.S.A.P. You never know how long they’ll stay on the market for. The longer you wait means that you could miss out on a great opportunity.
Be willing to look past messy details. If the home isn’t as clean as you’d like it, or doesn’t have every finishing touch you were hoping for, be willing to look past it and see the home for what it is under all that. Still don’t like it? No worries. But at least you know.
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Have your Documents Ready
Get pre-qualified before you start the housing hunting process. Being pre-approved when you make an offer, makes the seller more likely to accept. CLICK HERE to get pre-qualified today, or call our preferred loan officer at Sun American Mortgage, Parker Turk, 602-616-3774.
Make Sure to Stick to your Budget
Although you may be happy about getting the amazing home that was a few thousand dollars out of budget, you’ll end up feeling the strain as those monthly payments. Don’t sacrifice your sanity to get a home faster. Although you do want to jump in the market as quick as possible, don’t be afraid to wait for a realistic opportunity.
Make a Quick, Strong Offer
If you love the home, don’t wait to make an offer. You also don’t want to make an offer under listing price. Make it an attractive offer for the seller. We will help you with this process.
Prepare to spend some time negotiating. Don’t ask for too much or the seller might just take another offer. Don’t be greedy, but don’t sell yourself short either. We will help you find the sweet spot!
Trust your Agent
Your Realtor will be with you throughout the entire process. We will help you find homes that fit your criteria and will help you through the offer, negotiation and closing periods. We have worked with numerous clients in various situations and will do our best to get you a great deal! We promise! Working with a Realtor will make your life so much easier!
Ready to buy a home?! CALL/TEXT us today! 480-415-5233
Check out these other articles for tips on buying in a seller’s market.