3 Tips for Buyers in This Seller’s Market
In an uncomfortable market like this one, buyers need to be adaptable.
Right now, our market is very uncomfortable for buyers. Here are three tips to help them navigate this market:
1. Come prepared. You should not only have your pre-qualification letter, but also a full-approval letter from your lender. Speak with your lender about getting fully approved.
2. Choose which compromises to make. In this uncomfortable market, you have to give some things up for sellers to seriously consider your offer. Think about waiving the appraisal or home inspection.
3. Search for less expensive properties. If you can afford to offer the above list price, you’ll have a better negotiating position.
I hope these tips help you win in this market. If you have any questions, don’t hesitate to reach out to me by phone or email. I look forward to hearing from you.