How can buyers in today’s market compete while they’re out looking for homes? If you’re in the market for a house, I am going to share three tips to give you a competitive edge in this low-inventory market.
- Get pre-approved. I can’t stress enough how important this step is. Getting a pre-approval is what gives you buying power.
- Do your homework. Spend some time scoping out the neighborhoods that you want to live in. Drive around at different times of the day and throughout the week so that you understand what the house & neighborhood is like at all times.
- Read the entire house description. Many buyers just skim the description and miss important details. Also look at things like square footage, lot size, the age of the home, and so on. Your Realtor will show you how to read the Multi-List sheet so that you can learn about the house that interests you.