One of our homebuyers beat out 14 other offers to get the home she wanted, and you can too. Here’s how.
We have a fantastic first-time homebuyer success story we want to tell you about. We just met in early January, and as of today, she’s closing on a fabulous Lake Union, Seattle condo.
How did she do it? Is she a highly paid tech worker who’s gaining riches through her Amazon stock gains? Is she an early Bitcoin investor who’s cashing out while Bitcoin goes crazy? Or is she an overseas cash buyer who’s looking to park her excess cash in safe U.S. real estate.
As a matter of fact, she’s none of the above. She’s a first-time homebuyer with a normal income and a normal job who saved enough money for a down payment and has great credit. She’s buying her first home because home prices continue to rise, she’s tired of renting, and she knows Seattle real estate is a great long-term investment.
She beat out 14 other offers to close on this particular home by doing a few key things.
"It’s not impossible, just hang in there."
First, she got pre-approved with a strong local lender with a great reputation for closing smoothly and quickly, which increased the odds of her offer being accepted. Second, she got the condo pre-inspected and removed that contingency from the contract. Third, she reviewed all HOA documents in advance, which removed that contingency from the contract as well.
Lastly, she chose our team to represent her. We have a great reputation among other agents to make sure our buyers are positioned for success and are well-qualified, and we have a unique set of negotiation tactics that always position our clients for success, especially in multiple offer situations.
Just like that, she beat out 14 other offers. You can too. It’s not impossible, just hang in there.
If you have any other questions about our market or you’re thinking about buying or selling a home soon, don’t hesitate to reach out to us. We’d be happy to help you.