Summer is in full swing, and again this means many buyers (especially first time buyers) in our marketplace are faced with low inventory, multiple offers, and firm competition. We are years into a sellers’ market, and the pendulum doesn’t look like it will swing for the foreseeable future. The graphic above provides wonderful examples of how buyers can separate themselves from the pack. Some other ways to differentiate yourself as a buyer are.
1. Write a personal letter while presenting your offer. While the bottom line is often the determining factor for many sellers, a personal touch can also move the needle when competing with other offers. Let the sellers know a bit about you, and what type of stewards your would be to their home.
2. Offer flexibility at closing! Rarely has your seller charted a seamless transition into the next phase of their lives be that another home, condo, etc. Offer the seller a week’s rent back after closing, at no cost. While this could costs a buyer a few hundred dollars, it could mean the world to sellers dealing with the business of everyday life.
We are here to walk you through the home buying process with little stress on your shoulders. Thinking of buying? Contact us today! (541) 505-9907 Email us!