How To Be Competitive In A Fast Moving Market

How To Be Competitive In A Fast Moving Market

 

  The days of waiting to make decisions on buying a home here in this market is a thing of the past. If you’ve been around the West Michigan market anytime for the last year and a half houses have been literally flying off the market. I personally have lost several deals (representing buyers)  as multiple offers are the norm and NOT the exception. So buyers you need to be ready and prepared to make the best offer you can to secure the deal. This means you need to be pre approved with your lender and have all your finances in order. This means having your down payment and closing costs in your bank account so it can be verified by your lender. When your agent sends you home(s) that fit your criteria you need to get out there the same day and check out the neighborhood and see if it fits what you may be looking for. I’ve had a few clients that have been given homes to check on and get out too late then find out they have offers on them.

  Buyer’s you need to take the advice of your agent and move on them quickly. Educate yourself on the market. Ask questions and stay informed. I speak from 31+ years experience in the real estate business. Real estate is cyclical. Now really is a good time to buy as prices are steadily moving up. Nowadays a lender can close your transaction quickly so make sure you stay in contact with them also. Get them the necessary documents that they need in a timely fashion. The experience you gain from getting all your information will be invaluable to get it closed as soon as possible. When it is all said and done all your hard work will pay off and you will receive the home of your dreams.




Robert Brown Headshot
Author:
Phone: 616-528-0736
Dated: July 1st 2017
Views: 180
About Robert: I entered Real Estate over 23 years ago here in Grand Rapids Mich. I received my Bachelor’s Degree...

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