Wednesday, January 19, 2022 / by John Salkowski
Here are three ways buyers can stay competitive in a hot market.
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If you’re a buyer in today’s market, it’s easy to become frustrated. Bidding wars are the norm, and it seems like sellers have the upper hand. Here are three ways you can stay competitive as a buyer in today’s seller’s market:
1. Hire an experienced agent. For 99% of people, buying a home is the most important and emotional financial transaction they will ever undertake. Make sure you hire someone you can trust to work on your behalf.
2. Discuss your wants and needs with your agent. The more communication, the better. Before you start looking for homes, let your agent know what your wants and needs are.
3. Speak with a mortgage lender to get pre-approved. Your lender will ask you questions about your financial situation to determine what your price range will be. If you go in depth and get pre-approved, you’ll have a more accurate range of what you can afford.
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