The real estate market can be a challenge for homebuyers, especially with the increased competition, multiple offers, and lines out the door at open houses. Did I just say that? What happened to the market slowing down? Well in the last month or so, it’s heated back up to the insanity we saw last year.
In today’s market, it’s not enough to simply make an offer and hope for the best. To increase your chances of getting your offer accepted, you need to be strategic and take advantage of every opportunity.
One tip to help you stand out from the competition is to attend the open house multiple times. Most listing agents in today’s marketplace are going live on the market on a Wednesday or Thursday and aren’t allowing any showings until the opening weekend open house. Additionally, most listing agents are present during their open houses. By attending the open house twice on Saturday and once towards the end of the open house on Sunday, you can take advantage of this opportunity to make a lasting impression on the listing agent.
The listing agent will recognize you, get to know you, understand how badly you want the house, and also see that you’re doing your due diligence. If all offers are equal, the buyer who is recognized and known by the listing agent will have the edge over other buyers. By taking the time to attend the open house multiple times, you can demonstrate your commitment to the house and increase your chances of getting your offer accepted.
So what did we learn? We learned that buying a home in today’s competitive real estate market requires strategic thinking and a willingness to go the extra mile. This was just one of many tips and tricks you need to follow so you can increase your chances of getting an offer accepted and take the first step toward owning your dream home.