Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a seller’s market. So, when you find the home you want to buy, remember these four tips to make your best offer.
- Lean on a Real Estate Professional. I can support your goals and guide you through the home buying process. I know the local market. I know what’s worked for other buyers in the area and what sellers may be looking for in an offer. It may seem simple, but catering to what a seller needs can help your offer stand out.
- Know Your Budget. Understanding your budget is especially important right now. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. It helps you be more financially confident, and it shows sellers you are serious. That can give you a competitive edge.
- Think Through Everything Before Making an Offer. Today’s market isn’t moving at the record pace it did during the pandemic. That means you may have a bit more time to think before you need to make an offer. While it’s still important to stay on top of the market and be prepared to move quickly, there can be more flexibility today. I will provide the advice you need as you explore the options in your market.
- Work with Your Advisor To Negotiate. During the pandemic, some buyers skipped home inspections or didn’t ask for concessions from the seller in order to submit the winning bid on a home. Fortunately, today’s market is different. You may have more negotiating power than before. When putting together an offer, I will help you think through what levers to pull.
Bottom Line
When you buy a home this spring, let’s get together so you have the guidance to make your best offer.