Although it is difficult to go into the analytics of whether it’s a buyers market or sellers market, the reality is that buyers are out there to take advantage of low prices of homes, which are in abundance.

There’s a lot of properties out there, buyers can choose. Really? Let’s take a few scenarios here:

• When a buyer receives some listings from his Realtor® that match his criteria, and waits a few days before responding, it is likely that the properties that interest him are no longer available.
  
  
• When a buyer fails to come to an appointment scheduled by his Realtor® to see properties that he likes, it’s almost impossible to reschedule at his “convenient” time, because the properties are already with offers (that’s right, multiple offers).
  
  
• When a buyer does show up promptly for the showing and decides he wants to make an offer on the one property, but he is unable to sign the offer right away (DocuSign is a convenient electronic signature that is now available), more than likely, another offer will be accepted and you will be surprised how quickly the listing status changes to Pending. Your offer is good as a back up, you might as well forget about it.
  
  
• Let’s take it one step further. Perhaps the buyer’s offer finally lands on top of other offers, and is the one chosen to be submitted to the short sale lender. Now you have to draw on this one virtue called Patience to withstand the agony of waiting…(Or go look for more properties, and the cycle re-starts…)

Make sure you work with a Realtor you can trust.

Act now! If you need help with buying your dream home, call us. We can help.

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