Andrea Levine Lic. Ass. Real Estate Broker - null

3. Lean on a Real Estate Professional: No matter what the housing market looks like, rely on a trusted real estate broker with an excellent track record. As Freddie Mac says: “The success of your homebuying journey largely depends on the company you keep. . . . be sure to select experienced, trusted professionals who will help you make informed decisions and avoid any pitfalls.” Agents are experts in the local real estate market. We have insight into what’s worked for other buyers in the area and what sellers may be looking for in an offer. I will help you understand how to cater to what a seller needs, so your offer stands out. 4. Make a Strong, NO REGRET OFFER According to the Realtors Confidence Index from NAR, 46% of offers today are above the list price. This means that you must give a “no regret” offer. Don’t be the buyer that doesn’t put in their best offer because you are trying to save $10,000, and lose your dream home. In today’s market, offering below or even at a home’s asking price may not be enough. That means when you’ve found your dream home, offering below or even at a home’s asking price may not be enough right now. My job is to help you understand the market value of the home and recent sales trends in the area so you can give your best offer. 5. Be a Flexible Negotiator When putting together an offer, it’s critical to understand which terms of the deal could be a deal-breaker for you or the seller. If you are flexible with timing, have gotten a pre-commitment so your offer is comparable to an “all cash” offer which levers you can pull, including contract contingencies (conditions you set

38

Powered by