Tuesday, February 19, 2019 / by Trisha Cook
Here are 10 tips to winning in a multiple offer situation.
The real estate market is HOT right now in the greater Savannah GA area, as it is in many real estate markets throughout the country! With limited home inventory in certain price points, the truly great homes are being sold within a few days or even hours of being listed! These newly listed homes are often receiving multiple purchase offers, which is excellent news for sellers. It is paramount for a buyer that is getting involved in a multiple offer situation, that they have a great real estate agent representing them that has experience with multiple offer situations.Losing out on a house can be heartbreaking and frustrating for a buyer, so make sure their offer is strong enough to compete!
1.Get Pre-Approved, Not Pre-Qualified (and provide proof up-front)
First things first, there is a difference between being pre-approved and prequalified and understanding the difference is m ...