How To Be Smart in a Sellers MarketApril 10, 2015
The National Association of Realtors recently declared that there was a housing supply shortage. In layman’s terms that means homes for sale in Destin are starting to sell fast and for high prices. This is great news for sellers, not so great news for buyers.Â
This isn’t to say you should be discouraged if you are in the market to buy, you may just have to adjust your strategy.Â
For starters, you can check your credit in advance. According to Marko Rubel, Real Estate Investor and Founder of RealEstateMoney.com, “even 12 month isn’t too early to start getting your finances in order.” Another key element that could put you ahead in a seller’s market is getting pre-approved. Not only will this confirm what you can spend on a home, but is attractive to sellers because they know you are serious about buying.Â
The important thing to keep in mind is the ability to move quickly. Dwelling is great, but you don’t want to lose out on a home because someone else beat you to the punch.Â
For more tips and tricks on how to buy a home, contact our RE/MAX Southern agents. They will be happy to help you find the right place at the right time, regardless of market condition.