In Southwest Florida, listings are down 37% and pendings are up 38%. How can a buyer be successful in this climate? Here are 5 suggestions that will dress your offer for success.
1. Expect other offers
Come in strong. You might not have another move.
2. Differentiate by doing a letter to the sellers
If a seller has 3 offers, which one gives a compelling reason for a seller to say yes?
3. Show me the ….. (money)
A nice deposit shows good faith
4. Realtor reason to say yes
We can find comparable sales, look at computer models and give a good analysis
5. Local lender pre-qualification letter
A mortgage is a risk to the seller. If possible, remove appraisal contingency.
The market is moving so fast, yesterday’s sales have no bearing on today. Shortage in inventory and a surge in buyers, raises prices faster than appraisals can determine. If you can buy a property at pre Covid-19 prices, you have made 5-10% on your purchase.
Call one of our knowledgeable Realtors. I endorse them. John R. Wood Properties is Southwest Florida’s leader in Lee and Collier Real Estate Sales. We achieved that label by getting results. We can do it for you!
Newly Pended Sales by Week: 2020 vs. 2019