5 Home Buyer Tips | Negotiating in a Seller's Market
- The Swan Team
- Jul 18, 2018
- 3 min read
The Orange County real estate market may be changing, BUT...
Home buyer tips for negotiating in a seller's market that still hold true.
Buying a Home in Orange County
We want you to succeed! The Orange County real estate market may be changing, but there are home buyer tips for negotiating in a seller's market that still hold true. Contrary to popular belief, home buyers can get what they want if they successfully negotiate the home buying process.
The bottom line is that preparation is key. In fact, preparation is the difference between putting your dream home under contract and someone else taking it off the market. Let's take a look at how we can help you successfully negotiate your home buying experience.
5 Home Buyer Tips for Negotiating in a Seller's Market
1. Work with an Experienced Agent
Negotiating in a seller's market means you need all the help you can get! That means you need an experienced agent on your side to give you a better change of securing your dream home. Our goal is to create a collaborative environment to set you up for success. Let us put our experience to work for you!
2. Get Preapproved for a Loan
As your realtor, we don't just help you get prequalified for a loan, we help you get preapproved for a loan! Getting prequalified shares your financial story, but preapproval submits your mortgage application. We help you show the seller you're prepared to successfully buy their home!
3. Understand Fair Market Value
Not only do you want to avoid impulse-buying a home, but you want to understand fair market value when negotiating in a seller's market. We help you compare the price to similar homes in the area versus what is available on the market. Together we find a home that meets the location you desire, type of home you want, and price range you can afford.
4. Make Your Best Offer
We help you make your best offer! We all want to buy what we want for as little money as possible. But, you are at risk of losing your dream home if you wait too long or lack confidence in making an offer. We help you feel confident in making your best offer, so you have the best chance at your dream home!
5. Be Prepared to Win a Bidding War
A bidding war is not unheard of when negotiating in a seller's market. We help you prepare to win your dream home! We set up your home search below your max budget, so you're ahead of the game in an over-asking bidding war.
The Takeaway
The best advice for a home buyer: do not pay attention to all of the real estate headlines. Instead, you should rely on the professional analysis and advice of a seasoned REALTOR®. That's where we at The Swan Team come in!
If you need help preparing to buy or sell in 2018 – Contact Us Now!
If you like this, you'll love:
For many, homeownership remains an essential part of the American Dream.
There’s a new home buyer in Orange County. Will your home be next?
The overall Orange County market is a seller's market, but not at all price points.
If you want to receive real-time Orange County Housing Reports to your inbox every month – for the full/downloadable market reports and charts – Sign Up Now!
The Swan Team | OC Real Estate
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