Southport Oak Island Realty Group, Inc

4 Tips To Your Strongest Offer when Buying a Home

Are you thinking about buying a home soon? If so, you should know today’s market is competitive in our coastal because the number of homes for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more.

Remember these four tips to make your best offer, the FIRST TIME!

1. Partner with a Real Estate Agent at Southport Oak Island Realty Group

Rely on a real estate agent who can support your goals.

“Making an offer on a home without an agent is certainly possible, but having a local pro (like the one’s at Southport Oak Island Realty Group) by your side gives you a massive advantage in figuring out what to offer on a house.”

Our Real Estate Agents are the Southport and Oak Island North Carolina local market experts. They know what’s worked for other buyers in your area and what sellers may be looking for, in the market now, not in times past. That advice can be game changing when you’re deciding what offer to bring to the table.

2. Understand Your Real Budget

Knowing your numbers is even more important right now. The best way to understand your budget is to work with a lender so you can get pre-approved for a home loan. Doing so helps you be more financially confident and shows sellers you’re serious. That gives you a competitive edge. As Investopedia says:

“. . . sellers have an advantage because of intense buyer demand and a limited number of homes for sale; they may be less likely to consider offers without pre-approval letters.”

3. Make a Strong, but Fair Offer

It’s only natural to want the best deal you can get on a home, especially when the world is as tight as it is. But please take into consideration, submitting an offer that’s too low does have some risks. You don’t want to make an offer that’ll be tossed out as soon as it’s received just to see if it sticks. As Realtor.com explains:

“. . . an offer price that’s significantly lower than the listing price, is often rejected by sellers who feel insulted . . . Most listing agents try to get their sellers to at least enter negotiations with buyers, to counteroffer with a number a little closer to the list price. However, if a seller is offended by a buyer or isn’t taking the buyer seriously, there’s not much you, or the real estate agent, can do.”

The expertise your our Southport NC and Oak Island NC Realtors bring to this part of the process will help you stay competitive and find a price that’s fair to you and the seller.

4. Trust Your Realtor During Negotiations

After you submit your offer, the seller may decide to counter it. When negotiating, it’s smart to understand what matters to the seller. Once you do, being as flexible as you can on things like moving dates or the condition of the house can make your offer more attractive.

Your real estate agent in the Southport NC, Oak Island NC and Bolivia NC area IS YOUR PARTNER in navigating these details. Trust them to lead you through negotiations and help you figure out the best plan. As an article from the National Association of Realtors (NAR) explains:

“There are many factors up for discussion in any real estate transaction—from price to repairs to possession date. A real estate professional who’s representing you will look at the transaction from your perspective, helping you negotiate a purchase agreement that meets your needs . . .” 

We are here for you!

In today’s competitive market, let’s work together to find you a home you love and make sure your strong offer stands out to get you into the home of your dreams!

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Jon Langley

Hi! Nice to 'meet' you and thanks for visiting our Southport and Oak Island Real Estate Blog! My name is Jon Langley, and I'm a REALTOR® in Brunswick County, NC. I work alongside some of the best Realtors in the Southport & Oak Island area. I'd love to learn more about you if you'd like to connect with me on Facebook and Instagram or connect with our team at Southport Oak Island Realty Group. Looking forward to connecting!

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