3 Ways to Stand Out as a Home Buyer in a Competitive Market



 There are many great Jupiter area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (561) 951-9301(561) 951-9301 for a FREE home buying or selling consultation to answer any of your real estate questions.

In a competitive market with low inventory, such as the one we're currently experiencing, it's more important than ever for you as a buyer to stand out to a seller. Some ways you can manage to do this will be through making a confident, trustworthy offer on a property.

1.     Rather than having our buyers get a pre-qualification letter, we get a Pre-Approval with a direct under-writing report. This essentially transforms you into a cash buyer, which is much more desirable in the eyes of a seller. In a competitive market where multiple offers will be made on homes, this is crucial.
2.     Put a sizable Escrow Payment down to show some good faith towards the seller. The more you put down, the more trustworthy you will appear, so shoot for $5-10K (depending on the purchase price) instead of $500 or $1,000. 
3.     A property is really only worth what a buyer is willing to pay for it, so be careful with appraisals. In my own opinion, two different appraisers can price the same property at wildly different values. If you waive the appraisal and agree to cover any shortfalls in the process, you will become an even more desirable buyer. 

These tips will hopefully make you stand out as a buyer, and can help you to win over a seller in a multiple-bid situation (which is now commonplace). Whatever you do, be sure to advise your agent throughout the process to make sure your offer stands out. 

Thanks for watching, and we appreciate your business! Have a great week and don't ever hesitate to reach out to me for any assistance. Call me at (561) 951-9301 or email me at dylan@dylansnyder.com.