How Can I be a Competitive Buyer in Boston's Housing Market?
Glad you asked! Let's review some things to keep in mind
Stay on Top of the Market
Consider Working with a Real Estate Agent
Working with a real estate agent is not a requirement when buying a home, but most buyers use an agent. According to the National Association of Realtors, 87% of buyers in 2021 bought their home through an agent [source].
Know What You Want and Need in Your Home
Make a list of wants, needs, and deal-breakers ahead of time so that you’re prepared to move quickly. Once a home comes on the market that meets your criteria, be prepared to view it as soon as possible and consider making an offer.
Make a Strong Offer
Maintain Open Communication With Your Agent
Your agent may know different strategies for making an offer more appealing and can make suggestions to increase the chance of your offer being accepted.
Include Your Credit Approval Letter in Your Offer
Being pre-qualified by a reputable lender indicates that you've thought about your budget and are qualified to get the loan you need to close on the home.
Start Your House Hunt Early so You Can be Flexible on Move Out Date
Some sellers want time to find their next home before they sell their current one. They may be more inclined to make a deal with a buyer who is flexible on the move-in/move-out date.