Buying a Home Now In the Nashville Market
A seller’s market is one where there are more people buying houses than houses for sale. This means we are going to face stiff competition from other buyers, & we have to make a quick decision to make an offer.
1.Meet with a lender and fully complete your pre-approval process
2.Choose an experienced sharp real estate agent
3.Meet with your agent
a) set perimeters and expectations
b) determine your price range, establishing a firm top price you’re willing to pay
c) make up your mind what is negotiable in your new home – and what is a must have
d) be willing to be flexible; in a strong market you’ll need to be negotiable
e) get your agent to set up an instant alert for you on homes that meet your criteria
4.Look at homes priced at least $5,000 under your top price
5.Don’t be too choosy
6.Expect to compete for properties by offering higher than asking price
7.Stay alert and be ready to look at homes as quickly as possible
8.MAKE A QUICK DECISION!
Most of us like to “sleep on it” when making a large purchase. In today’s market we lose the opportunity within a few short hours of viewing a good property. The good news is that it is very typically for a buyer to have gained many thousands in equity by closing date! on a property.
Call us! We know how to walk you through this market.
Darlene Hastings Broker, CRS, ABR, SRES, STSpro, Staging to Sell Pro, Top 1% of All Agent’s Nationwide
[email protected] 615.400.4927