Tips for home buying in a seller’s market

In the seller market, there is low supply with high demand, with more buyers than sellers. This leads to more competition and more offers for many houses. In some cases, a house gets tens of offers, and happens that the house sells way above the asking price (even up to 35% above the asking price).

In this marker, some tips and tricks may save the buyer thousands of dollars and even can change the outcome. 

  • Make your best offer first
  • Be ready to bid
  • Show cash
  • Offer non-price factors
  • Have money for a low appraisal
  • Try to connect to the sellers
  • Consider grants for home-buyers

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