You’ve been house hunting for months, and you’ve finally found your dream home. You love the layout, the amenities, and the neighborhood. The house is also listed at a reasonable price. You really can’t find any downsides to this property, and you can really visualize yourself living there. So, you’ve decided to make an offer on the home.
However, you have plenty of company. In many cities and towns, it’s definitely a seller’s market. This means the marketplace is overflowing with buyers, and there isn’t enough home inventory to accommodate them all. Each newly listed home quickly receives multiple offers, some of which are above the asking price.
To further complicate the issue, real estate investors are jumping into many fast-growing regional markets. Sometimes, the investors are buying the homes sight-unseen with the intention of flipping or renting them. By snapping up available houses at way-above-asking price, the investors leave even fewer homes for individual buyers to purchase.
Fortunately, there are several ways to make your offer stand out and increase your chances of getting the home. These five useful tips apply to any geographic market and any price point. Continue reading “5 Tips for Getting Your Offer Accepted in a Seller’s Market”