Ways to Get the House of Your Dreams in this Hot Market
When houses are moving fast that means buyers have their work cut out for them. They need to be creative and think differently than they would if they were the only people interested in a property. But that doesn’t mean buyers need to be reckless. There are plenty of ways to get the house of your dreams in this hot market.
Lead With Cash to Show Financial Strength
Buyers who can lead with a larger cash down payment to show financial security are more appealing to the seller. Remember, to the seller you are most likely just an offer sheet they are looking at in a stack of other offer sheets. Offering more cash up front can help you stand out in that crowd.
Be Ready to Move Quickly
When you see a house you love, you need to be ready to move on it. That means financially, emotionally, and physically ready. It would be great if every buyer could have all the time they needed. In a hot real estate market, though, that’s just not the case. Oftentimes sellers are getting offers within hours of a listing going live. So, expediency is key. Unless you are willing to restart the whole process again when you find out that place is gone.
Be More Flexible When It Comes to Fixes
Being rigid in a hot market will only beleaguer your process. So, be realistic about what you are willing to update yourself. Don’t let some minor fixes — ones that would be completely understandable to ask the seller to fix in a different market — hamper you now.
Personalize Your Offer with a Letter to The Buyer
It may seem like a gimmick, but it works. Writing a letter to the seller explaining why the house is right for you doesn’t cost you anything. Lay it on thick with all the stuff you would want to hear about from someone buying your house.
But the best way to get the house of your dreams in this hot market is to work with an agent who knows what they’re doing. If you’re looking at homes for sale in Bucks County, homes for sale in Montgomery County, and homes for sale in Philadelphia, then no agent knows more than Albright Real Estate.
