What can set you apart as a buyer in competitive market? Start with this list of four tips.
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Today we’re going to discuss four different ways to beat the competition in today’s market. The home buying market is very competitive these days, so here are a few ways that you can stand out:
1. Get pre-approved. This is different than a pre-qualification, which is just a basic letter. A pre-approval requires you to sit down with a lender and requires them to verify your financial documentation. Once you’re pre-approved for a loan, all you need to do is find your home. This will help you separate yourself from the competition when making an offer on a home.
2. Go after properties that need a bit of work. If you’re looking for a house that’s move-in ready and all teed up, you’ll pay for it. If you find a property that has been on the market a little bit longer or needs a bit of TLC, you can get it for a great price and the market won’t be as competitive.
A pre-approval will help you separate yourself from other buyers.
3. Prepare a personal letter. Including a family photo or video with your offer can help you establish a personal connection with the seller, and will also make you stand out against other buyers.
4. Choose an experienced agent or team. We have a great, unique home selling system to help you beat out the competition and get the best deal.
If you have any questions for us in the meantime or want our help with buying or selling a home, don’t hesitate to give us a call or send us an email. I look forward to hearing from you soon.