4 Ways to Be Ready for a Bidding War.
In today’s housing market, inventory is at an all time low and bidding wars are on the rise.
In January, the average home sale had 3.7 offers. and houses sold in an average of just 21 days.
Preparing for the time to buy is crucial to get top dollar for your house.
When you find a home you would like to buy, here are 4 ways to make sure you are ready for a bidding war.
1. Be pre approved for a mortgage.
2. Present your best offer.
3. Get ready to work quickly.
4. Partner with a trusted real estate professional.
Additionally, it is always great to know what to do with the home you now own.
Consider selling to upgrade, or scaling down if you are an empty nester.
If you have an idea, now is the time to do it.
The market has been on the upswing for a long time. Selling your old home today probably will get you a lot of equity.
Put that equity to good use on your new purchase.
Yet, we must not forget that all cycles come and go, and this one will be no exception. Timing is all that counts.
Selling at the peak of the market in order to upgrade must be well thought and perfectly executed.
Lets Connect to make sure you have the guidance you need in this market.
We have over 14 years experience in South Florida Real Estate.
Call or Message me at (786) 376 -1 6 8 0
We are here to help you get the house of your dreams.
