Four Tips for Making Your Best Offer
Do you plan to buy a home this Spring? Things are more balanced than they were at the height of the pandemic, however, it’s still a sellers’ market. When you find the home you want to buy, remember these four tips to make your best offer.
Lean on a Real Estate Professional
Rely on an agent who can support your goals. As Bankrate notes:
“. . . select the best real estate agent for your needs. They will be a critical part of your home buying process.”
The Just Say Home KC Team are experts in the Kansas City housing market. They know what’s worked for other buyers, and what sellers may be looking for in an offer. It may seem simple, but catering to what a seller needs can help your offer stand out.
Know Your Budget
“Understand your current budget … what are your expenses, how’s your spending, would you need to make changes?”
The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. It helps you be more financially confident, and it shows sellers you’re serious. It can give you a competitive edge.
Think Through Everything Before Making an Offer
The housing market isn’t moving at the record pace it did during the pandemic. That means you may have a bit more time to think before you need to make an offer. According to Danielle Hale, Chief Economist at realtor.com:
“In general, you likely have more time to make an offer, although that’s certainly not a guarantee. If you’re on the fence about a home or its asking price doesn’t quite fit your budget, you might want to keep an eye on it, and if it doesn’t sell right away, you may have some room to negotiate with the seller.”
It’s still important to stay on top of the housing market and be prepared to move quickly, but there can be some flexibility today. If you have questions about the Kansas City housing market, let the Just Say Home KC Team guide you.
Work with Your Advisor To Negotiate
During the pandemic, some buyers skipped home inspections or didn’t ask for concessions from the seller in order to submit the winning bid on a home. Fortunately, today’s housing market is different, and you may have more negotiating power than before. When putting together an offer, the Just Say Home KC Team will help you think through what levers to pull.
If you're ready to buy a home this Spring, give the Just Say Home KC Team a call at 816-656-2816. We can help get you into the house you want and need.