Navigating Today’s Real Estate Market
In a changing market, experience and knowledge are everything. Our team was created over 17 years ago as a team of specialists and has completed over 1,140 transactions since 2005. Here are a few tips for Buyers and Sellers to remember:
Buyer Tips
- Make your offer terms look more desirable by stating you will submit your 3% deposit within 24 hours of entering the contract vs the standard three days.
- Submit a Buyer Inspection Waiver on all non-contingent offers.
- Ask your lender/mortgage broker to call the listing agent to discuss the strengths of your qualifications. In this changing market, qualified Buyers who are fully underwritten are much more desirable to Sellers.
- Request to be put in a Back-Up Position on a property if you don’t get it. You just never know what might come up during an escrow, and you will be first in line should an escrow fall apart.
Seller Tips
- During offer negotiations, ask the Buyer to have their initial 3% deposit in escrow within 24 hours.
- Understand the level of the Buyer’s loan qualifications.
- Ask questions to learn why the purchase is important to the prospective Buyers.
- Take the time to put the next best “Buyer” in a Back-Up Position for added insurance during the escrow.
We are here to listen, guide, and be your Real Estate advisors. Please let us know how we can help!
Dana & Team