5 Tips to Winning the Home Candy Scramble
- Author Bill Kibby
- Published December 29, 2020
- Word count 455
My kid’s grandmother would go on her front porch and yell out “Candy Scramble”. All of the neighborhood kids would come racing as she threw handfuls of candy out onto the front lawn. The kids with the best strategy for getting quickly to the candy and deciding which were the ones they wanted to pick up would get the best candy. That is what it can feel like to Buyers in the current real estate market.
Every time the market lets loose with a new home for sale, we see a mad scramble of Buyers racing to houses to see which one they like best and then quickly they make an offer. Recently I had Buyer’s do this 5 times until they won the house they wanted.
Buyers are finding that they are competing with 15 plus offers or more on many homes, especially those that are in move-in-ready condition.
It can be very frustrating for a Buyer to lose out on winning the home they want. Here are my top 5 tips on being prepared to win the home you want:
-
Have your financing in order. You must have a preapproval or prequalification letter in hand from a good mortgage company if you want your offer to be considered and you must have the down payment readily available for the escrow deposit. Most agents have local mortgage brokers they recommend based on their being able to complete the deal for you.
-
Be prepared to act fast and tour the home. As a real estate agent, I can set up a search for you so you instantly see homes as soon as they hit the MLS. Sites like Zillow and Realtor.com will get the listing information, but there can be a delay before they show the listing and some sites may not show if a home is under contract or pending. You can not waste time chasing a home that is already under contract.
-
Be willing to risk making an offer without visiting the home first. With competing Buyers coming from New York, Boston, or other remote cities, you have to take risks if the home looks good in the pictures or virtual video tour. Remember, your home inspection is a great time to see and receive a detailed report from a qualified home inspector about the quality of your potential new home
-
Be prepared to go in with your best offer, with little negotiation on price. In this Seller’s market, it can be very difficult for Sellers to choose the best offer for them and multiple great offers, if you want to be considered, your offer has to be your best.
-
Be prepared to offer over the listing price for move-in ready homes.
Bill Kibby, A highly trusted Real Estate Agent in New Hampshire helping Sellers and Buyers with home sales along the seacoast or in one of our inland communities. Specializing in relocation, Selling for the best price, and New Home Buyers. kibbyhomes.com, bill.kibby@beangroup.com 603.828.5724
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- How Architects Are Shaping Sri Lanka’s Real Estate Boom
- Directing Las Vegas Homes for Sale: How Live Better in Las Vegas Guides Buyers to Success
- Understanding the Renters' Rights Bill: Key Changes and Timeline Explained
- Costs of buying property in Spain - IMS Mortgages
- Three Easy Steps to Sell Your San Antonio House Fast!
- Discover Your Dream 55+ New Construction Home Community in the Greater Tampa Bay, Florida
- Article on Mortgage Lenders and New Homes Mortgage Helpline
- The Advantages of Utilising Professional House Removals Services
- Manilva: A Rising Star in Off-Plan Property Investments
- Comparing Removals services-in-wandsworth: Your Ultimate Guide
- Port Orange -- The Perfect Twin Sister to Daytona Beach
- RE/MAX Ace Spearheads Innovative Housing Solutions in the GTA
- Should You Waive the Home Inspection Contingency? Weighing the Risks and Benefits
- Avenir: Embracing Lifestyle and Community in Palm Beach Gardens
- Serbian Real Estate: A Tidbit for Investors
- Discovering Life in Pattaya, Thailand: An In-Depth Handbook for Expatriates
- DEBUNKING HOME REPORT MYTHS
- Don't Let a Financial Hardship Force You to List Your House
- Safe Water Starts at Home
- Don’t let Missing Insulation Lead to High Energy Bills
- Property Investors Amidst Favorable Swedish Krona Rates
- How Real Estate Professionals in Houston Go Above and Beyond for Home Sellers
- Reasons to invest in real estate in Cyprus
- Top 10 criteria to select an Insurance Claim Appraiser
- Comprehensive Home Inspection Checklist for Buyer, Seller, and Homeowner
- DEBUNKING HOME REPORT MYTHS
- North Carolina Real Estate Market: Shifting Market Dynamics on the way?
- Selling Your House in Winter: Effective Tips and Strategies for Success
- Would you like to have a Free House?
- 5 Ways To Know You're Ready To Buy A Home