Weary of current market conditions.
Burned, disappointed, and frustrated by multiple offers.
Faced with properties that are selling way over the list price.
Does this sound familiar?
A lot of our buyers are in the same boat. And the weariness is understandable!
It’s a tough time to be a buyer. Inventory is limited and every property seems to have 10 buyers, just like you, ready to make an offer. It can feel tempting to throw in the towel and give up on your home search. But you shouldn’t.
Because, the truth is, things are not always as they appear. When the open house you visit is jammed wall to wall with buyers, it’s natural to jump to the conclusion that you don’t have a chance in making it your home sweet home. You quickly convince yourself that all of these buyers are going to make an offer, waive their contingencies, and pay above and beyond what you can reasonably afford, and you’re not down for that.
But the chances are, if you feel this way, so do others. And there’s a good chance that most of them won’t move forward in making an offer, for a variety of reasons.
The only thing you really have to lose in making an offer is a small time-commitment, and, perhaps, a small emotional investment. But, one thing we know about real estate and buyer behavior is that it’s unpredictable. If you don’t try, you’ll never know what may have happened.
There is always the possibility that you will be the only buyer, or the highest bidder, in any offer situation. And yes, it might take you a few attempts to have an offer accepted, but it’s better to keep trying and eventually find your new home than to give up before you have even begun.