How to stand out in today’s market - Tip 1: Pre-approval

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We’ve been talking a lot about the craziness of our market for both buyers and sellers. This week we wanted to give buyers a few tips on how to be successful in this crazy market 😜

Tip #1: Have your pre-approval letter in hand before starting to look at homes

Why is a pre-approval letter so important?

Todays market is EXTREMELY competitive - especially among buyers.

With limited inventory, there are many more buyers than sellers right now, and that’s fueling the competition.

Having a pre-approval letter shows homeowners you’re a serious buyer. It helps you stand out from the crowd if you get into a multiple offer scenario, and these days, it’s likely. When a seller knows you’re qualified to buy the home, you’re in a better position to potentially win the bidding war and land the home of your dreams.

If you’re ready to buy this year, let’s connect before you start searching for a home!

📥 Hokel Real Estate Team | www.hokelrealestateteam.com | 📲515-981-2113

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How to stand out in today’s market - Tip 2: Multiple Offers

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📊📈 Ballard Market Update - August 2020