Posted On: August 11th, 2021 9:01PM
This market continues to be "crazy", which makes it more difficult for the buyers to make offers. There are some things buyers can do to be more competitive. Close communication to their agent on a daily basis can help find properties just coming on the market. Buyers need to be prequalified and ready to pull the trigger in a very short amount of time. Some options to help with their contract include, but are not limited to, All Cash Offers, Higher than list price offers, escalation clauses, and Higher amounts for Earnest money. Using some of these tactics will have a much better chance of getting property they want.Some sellers don't want to accept offers, if buyer hasn't physically seen the property , so if possible, it's best if Buyers are here. I hope that helps. Good Luck out there. Thanks for reading.