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How To: Navigate A Seller’s Market

Aug 21, 20159:00 am

Your Guide To Buying In A Seller’s Market

Things are heating up in the real estate world. Home prices are going up while inventories stay low, leading to bidding wars. Ultimately, this has led to a seller’s market. That does not mean you should not buy right now, though!

To help you get your dream home at your dream price even in the current seller’s market, here are a few tips.

  • Get Preapproved: You can avoid a bidding war by making yourself the obvious best choice to sellers. Do this by coming to them with your mortgage preapproval in hand, showing that you already have the financing you need to take their home off their hands.
  • Get A Teammate: Want to hear about listings the moment they come on the market? Want to have an ally who can use real estate expertise to help you beat out your competition? Get a trustworthy real estate agent on your side to help you!
  • Get Prepared: Good houses will sell quickly in today’s market. It is important you have everything ready to act fast. Have a babysitter on call, work out flex hours with your boss, and do whatever else you can for you to make it possible to get to a new listing right away.
  • Get Real. No house is perfect. Make sure you come to the market with realistic expectations. This can help you be open to more houses, increasing your odds of finding one with a seller who will choose you.

You do not have to figure out how to buy in today’s seller’s market on your own! To get a team of experts on your side, contact John & Michelle. We are here to advocate and negotiate for you, ensuring you get into the right Chino Hills, California home at the right price.