Tips on Submitting a Winning Offer in Today's Market
Posted by Larry Tollen on
TIPS ON SUBMITTING A WINNING OFFER IN THE CURRENT MARKET
Real estate reports, NAR economists, and your local real estate experts, are sounding like broken records this Spring, exclaiming “It’s a Sellers Market! According to the National Association of Realtors (NAR), inventory of available homes for sale is at an all-time low – the lowest point recorded since NAR began tracking this metric in 1982 and combined with the prediction that mortgage rates are likely to increase, the market is definitely in favor of sellers. Homes are being sold at or well above asking price and contracts are often being signed in a matter of hours. In the past few years we have had buyers making offers on our listings "sight unseen" due to the detailed way we present…
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