Many buyers are having a difficult time getting their offers accepted. Inventory is low and demand is high, meaning the competition for the few available homes is fierce. Here are some tips to best position yourself as a buyer in this kind of market:
1. Offer a competitive amount. You want to offer close to list price, if not at or above it when multiple buyers are competing against you for it.
2. Offer as much flexibility as possible. The home seller will likely need flexibility because they’re competing in the same market. Offering flexibility with your closing date is key.
3. Think about inclusions and exclusions. For instance, including closing costs will weaken your position. On the other hand, you can compromise your position by asking it to be included after the fact.
You need an experienced agent to help you submit the strongest offer possible. It’s never too early to start the process. If you have any questions or need advice, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.
