When a new listing comes on the market that you want, there are a number of things to consider for your next course of action. How do you choose to potentially negotiate when a property has only been on the market for a week or even less? As is always the case, there are variables to consider and ways to put yourself in the best possible position.
1. Always look with caution. Make sure you have all your ducks in a row on the particular property, area, and neighborhood. Your agent can help you know exactly what's happening in the marketplace so you can move quickly. Be cautious, but do so in quick fashion so you can be in the best position to move quickly.
2. You want to be fair. Gather data and find out what previous homes have sold for in the neighborhood and look at all of the different variables like square footage, condition, lot size, and amenities. It'll be difficult to go low if other area homes have sold and sellers know that they will be able to get the value they want.
3. Make sure your offer or interest has more appeal. Over the course of a typical purchase agreement, there are as many as a dozen items than can make your offer more or less attractive to a seller.
Be cautious, but do so in quick fashion so you can be in the best position to move quickly.
For more tips or trends, feel free to touch base with us any time. We're always excited to share information. As always, feel free to reach out with any questions about buying, selling, or the value of your home. I look forward to connecting with you soon.
