With the spring market upon us, the local market is seeing properties move more quickly, with some homes even getting multiple offers. 

As a buyer, being prepared makes all the difference!

Here are three tips to make sure your offer stands out. 

1. Be Prepared to Act Quickly

In a competitive market, you don’t have the luxury of time. To ensure you are prepared, first get your finances in order, including a pre-approval from a lender. 

Once you fully understand your financial situation, you can begin your home search. After you find the right property, be ready to submit an offer!

2. Make a Competitive Offer

Buyers often want to start negotiations by making an offer below the list price. This can be a big mistake if other people are interested in the same property. Stick to your budget, but make sure your offer is not just fair, but competitive. 

Keep in mind, an offer isn’t just comprised of a purchase price. You’ll also want to consider being flexible with contingencies and move-in dates. In addition, a higher down payment can make your offer appear stronger. 

3. Trust Your Real Estate Agent

“Remember to let your homebuying team guide you on your journey, not your emotions. Their support and expertise will keep you from compromising on your must-haves and future financial stability.” Freddie Mac

Making sure you have the right buyer’s agent is essential in getting your offer reviewed and accepted. Trusted professionals will help you stay focused on what’s most important. There are many buyers who fall in love with a property, causing them to go above their budget or miss red flags. This is where experts come in. 

Are you interested in learning more about the home buying process in today’s market?