Sunday, February 20, 2022 / by Brad Brethouwer
Here’s my advice for buyers who are frustrated with the current market.
The real estate market continues to get hotter for sellers and more challenging for buyers. Inventory is so low that buyers are throwing ridiculous offers out there to snag a property. The only way you’ll get your offer accepted in this market is to give the seller the most amount of money and the least amount of hassle.
This doesn’t necessarily mean offering the highest price. A cash offer with no contingencies is what some buyers are doing. I don’t necessarily recommend it, but that’s what it will take to stand out. Money always talks, and you may be able to keep some contingencies in your offer and still win if the price is right, but the truth is that it’s difficult to be a homebuyer in this market. You might need to take a big risk to win.
If you have questions about buying a home, other things you can do to strengthen your offer, or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.