One simple way for homesellers to improve their results is by taking advantage of the current housing market. While homeselling is typically easiest in what’s known as a ‘seller’s market’ when housing supply is low, homesellers can make this technique work in most market conditions. This is akin to the art of judo, where you use your opponent’s weight against him or her. To do this requires having your Realtor perform some research and likely to be especially worthwhile.
How Multiple Buyers Change Everything
What can buyers do to lower the volume, lessen their own anxiety and reduce the frenzy without getting caught up in the process, all while making sure they don’t miss out on the house of their dreams? Plus, what can sellers do to maximize their leverage in getting the best possible offer? And for both buyers and sellers, are there specific tips you can use to ensure you’re ‘in it to win it’ for your next home purchase or sale? Find out more in this helpful article and podcast, ‘How Multiple Buyers Change Everything.’
How Multiple Homebuyers Change Everything
When multiple buyers express interest in a property by each writing an offer, the balance of power has shifted substantially in favor of the seller. As a result of this decided shift, buyers typically become more competitive. Why? Because fear of loss can be a powerful motivator.
And while it’s possible for three, four, or even more buyers to compete for the same house, the principle is essentially the same, regardless of how many multiple buyers write an offer. Adding more buyers to the mix, however, does have a tendency to ‘quicken’ the pace.
What can buyers do to lower the volume, lessen their own anxiety and reduce the frenzy without getting caught up in a multiple buyer scenario, all while making sure they don’t miss out on the house of your dreams? Plus, what can sellers do to maximize their leverage in getting the best possible offer? And for both buyers and sellers, are there specific tips you can use to ensure you’re ‘in it to win it’ for your next home purchase or sale? Find out more…in this helpful Oregon real estate podcast!