So far, 2023 has been a very busy real estate year. This has created some fairly stiff competition for desirable properties, which can be a little intense if you’re the buyer. With more interested parties at the table, it can add a bit of pressure to put your top offer forward first as sellers receive greater options to select from.
If you’re choosing to step in to the home market as a buyer, there are several strategies you can use to make your offer stand out.
1st. Find a great agent. You want someone with experience and strong negotiation skills who can offer experienced advice when putting your offer together. Ahem … you may just happen to know a few really good ones 🙂
2nd. Boost your deposit. Increasing your initial deposit from the standard $5000 to a greater amount will show your serious about the property, which gives you a greater chance of having a competitive offer accepted. Why? Because a seller’s greatest fear is that the buyer will back-out.
3rd. Be Finance ready. Show the seller your finances are in order. That’ll put you way ahead of those who’ve not spoken to a lender. Serious players have their money ready because they know they have to move quickly when they see a great property.
Lastly, Be Tactical. Knowing what key factors to include, (specific to each home purchase), is an important negotiating skill. And a good agent will offer solid professional advice to ensure you’re putting forward the best offer possible.
If you’re planning to make a move and would like to explore more options on how to secure your Dream Home, wed be Happy to Chat!
Sincerely,
The Rosts
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED
