Another Home Buying Tip

In previous posts (we've got links at the bottom for you), we offered a couple of suggestions that would help you beat the competition when buying a home. We discussed earnest money, as well as eliminating contingencies. In most instances these strategies will work, but what if they don’t fit your needs? There are other things you can do to make sure your offer look more appealing to the seller so you can get to a closing on the home that’s right for you.  One of them seems pretty straight forward, but is often overlooked.  We talked about it in a previous post, but it is so important that I wanted to revisit the issue.

Submit a strong, competitive offer

Negotiations are part of the process, and everyone likes to get a good deal…right? What does that mean? As your REALTOR® Team, part of the process involves sitting down with you to discuss what you are looking for in a new home. We want to know your wants and your needs; what is a necessity and what is on the wish list. We do this in an effort to save you both time and money hunting for a home. Once we’ve found the right home, we’ll run a report and check out the comparables to determine what prices like homes in the area have sold for. With this information in hand we can discuss making an appropriate offer. Getting a good deal is important, and if the comps show the home is worth every penny the seller is asking and it is the one you have fallen in love with, then an offer at or near asking price sounds like a good deal for everyone…wouldn’t you agree?

Here is where the debate begins. Everyone is different, and no two situations will be the same. If you have found the right home and you can’t stand the idea of anyone else swooping in and buying it, you should seriously consider making a strong offer; one that is as close to asking price as the comps will justify. It’s hard for someone to say no to you when you are giving them what they are asking for. There are no guarantees in life, but you stand an excellent chance of getting your offer accepted quickly because you have given the seller no reason to haggle. Inspections will still be coming, and in most cases you will be more likely to get repairs that are important to you completed since you made the initial process so easy.

If the above scenario doesn’t apply to you, then a full price offer may not be the direction you want to go. There certainly are other ways to sweeten the pot for the seller without making a full price offer on the home.  We'll get into some of those in later posts.

If you have questions about strategies for buying or selling a home, or would like more information about the housing market, give me a call at 832-722-7731.  I'm always available to answer questions.  Thanks for reading and, as always, I hope this helps.

Stacy Jones is a REALTOR you can trust

 

 

 

 

 

 

 

Stacy Jones
832-722-7731

Get That Offer Accepted

More Strategies to Get Your Offer Accepted

 

Stacy is a licensed REALTOR® and the team leader of The Jones Team, a group of REALTORS® in Katy, who work together to provide exceptional service for their clients. Stacy and his team specialize in the areas west of downtown Houston. These incredible real estate agents can help you buy or sell a home in locations such as Katy, Cypress, far West and Northwest Houston, Richmond, Fulshear, Sugar Land, Spring Branch, Memorial, Spring, Tomball, The Woodlands, and Magnolia. Whether you are in the market to sell a home, buy a home, have a question about home appraisal value, need advice about home staging ,or have any other real estate related questions, Stacy and The Jones Team are available to help.

 

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All information in this site is deemed reliable but is not guaranteed and is subject to change.

The information herein is furnished by the owner to the best of his knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for correctness thereof. The offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice. In accordance with the law, this property is offered without regard to race, creed, national origin, disability or gender.