Getting into a home in a very competitive market is all
about having a leveraged strategy.
Of course cash is king. All things being equal, it is very
difficult to beat a buyer with lots of cash, particularly one who is willing to
spend it. But, all things are rarely equal. All too often, highly qualified
buyers fail to prepare and document their assets in advance and miss a
fantastic opportunity, just because they made the assumption they can always do
it after they find a suitable property.
In a seller’s market, holding multiple Open Houses, prior to
accepting offers, is very common. This, combined with heavy internet exposure, will
often times generate multiple offers, which in turn drives up the price. If a
seller limits exposure to the home or is willing to entertain offers as they come
in, this can create a tremendous buying opportunity. You want an agent that is
always proactively looking for this type of situation and when it comes, does
whatever it takes to get your offer in quickly, avoiding as much competition as
possible.
Of course the final component of this strategy is market
knowledge; having the understanding and ability to spot a well-priced home.
Leveraging this knowledge with preparation, and the capacity to act quickly and
decisively, can be the difference between a fair deal and a great deal even for
strong buyers. For those just starting out or with less substantial assets, it
might make the difference between getting a home and possibly not getting one
at all.
Property Search
RSS Feed
Search Blog
Recent Blogs
Compare Countertop Materials To Consider Both Inside And Outside Your Home - Considering selling your home?
Low Rates Now Will Have Big Impact On Inventory In The Future - Low rates are fantastic for the
Remodeling Surge Battles Supply Shortage ROI Challenges Heres Why - If buying isn’t an option, make
Why Compass And Eastbaypro To Achieve Your Real Estate Goals - Compass is the only real estate
Our Bloggers
This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.
Click 'Save' to add a property to this list.New & returning visitors please enter your information to login.
This message will go directly to the head of our team.