Why You Shouldn't Wait....

Right now we are living in the craziest real estate market with historically low inventory.  And because of this, if you aren’t fast, you’re last. Here in Frederick, MD, homes are selling in under 14 days on average.  But if a home is truly a great buy, it will sell within the first week.  So, if you are currently in the market looking to buy a home, don’t wait to schedule a house tour, see it the day it hits.

In one of the most competitive markets, you need to give yourself any advantage you can.  Here are the top reasons why you shouldn’t wait to see that next home listing:

1. Limited inventory - means increased competition: With limited homes, you won't’ be the only buyer interested in this home, and with more competition, means bidding wars.  The earlier you see the home, the more time to evaluate and make an informed decision with that stronger offer.

2. Faster Decision-making:  In a fast-paced market, properties can sell quickly, sometimes within hours or days of being listed. Scheduling a showing immediately gives you an advantage over other potential buyers who may be slower to react.

3. Better negotiation position: Being one of the first buyers to show interest in a property can put you in a stronger position for negotiations, especially if the seller is motivated to sell quickly. 

4. Time-sensitive opportunities: Some properties may have unique circumstances, such as a seller who needs to relocate quickly or a short sale. By scheduling a showing as soon as the property is listed, you increase your chances of securing a deal under more favorable terms.

It’s natural to want to take your time and not feel rushed, but you’ll pay a lot more money for that time.  So the more prepared you are, knowing what you want in your next home, and having your financials prepared, you will not feel so rushed.

Scheduling a showing as soon as a home hits the market gives you a competitive edge and it allows you to make informed decisions, negotiate from a position of strength, and increases your chances of securing that home you have been dreaming of…