The housing market in Arizona right now is very competitive and many sales end in a bidding war. Multiple-offer situations are arising. Getting pre-approved with a lender will ensure you are able to put your best foot forward. Buyers are scooping homes up faster than homes are coming to the market. Here are a few tips to make sure you are putting in an offer that the seller will not be able to refuse!
- Get Pre-approval
- Getting Pre-approval will show the sellers that you are serious about your offer and are ready to invest in a home. We recommend talking to a few different lenders to see which one can offer you the best rate, and be the best fit for you!
- Present Your Best Offer
- In today’s market, it is common to see sellers pick a specific day to review all of their offers and pick the best one. This does not always allow a lot of room for negotiation. Our team is trained to make sure the offer they write for their clients is fair but also competitive. Speaking with a knowledgeable realtor that will help you make the best offer is important!
- Act Fast!
- In the month of September, homes in Gilbert remained on the market for an average of 39 days. This means you do not necessarily have time to “sleep on it”. If you find a house you love, speak with your realtor and get an offer submitted ASAP! If you wait too long, the home could be under contract with someone else.
With such a strong Seller’s market, the number of homes does not meet the demand of buyers. If you are thinking about purchasing a home this year, please contact our team of expert realtors. They will guide you along this journey and make sure you are ready to take on this commutative market to find your dream home!