How to Buy in a Sellers Market

Whatever it is, the way you tell your story online can make all the difference.

The competition for Buyers trying to purchase a home in today’s market can be fierce. With multiple offers becoming the norm you need to consider strategy to position yourself to win as a Buyer in this Sellers market. Here are here are 7 tip’s that I’ve complied that can help.

1. Get your financing sorted! I can’t stress this enough. You can’t shop without knowing what’s in your wallet. Get a mortgage pre approval please.

2. Focus your attention on your top must haves - Will you find a 10 out of 10 house? Probably not. Focusing on things that are must haves in location. Features such as new kitchen and a swimming pool can be added down the road.

3. If the offer says the Seller is willing to consider a pre emptive then get ahead of the curve and submit one.

4. Make it personal. Write a letter about who you are and how much you love the house. When there are 20 offers, a personal touch never hurts.

5. Keep it clean - the fewer conditions the better.

6. Know your walk away price - no sense in being house poor.

7. Stay positive. Buyer fatigue is real. Acquiring real estate can be an emotional roller coaster so set sentimentality aside and adopt a more practical, rational mindset when house hunting in today’s market. Remember a house is a life time project to be maintained and perhaps renovated to suit your changing needs.
- Stella McCollum, Broker