Home » Lifestyle » Offer strategies home buyers should try to win the bid: real estate agents
Offer strategies home buyers should try to win the bid: real estate agents
Single, female homebuyers becoming ‘powerful force’ in real estate: Specialist
Katrina Campins breaks down demographic trends in home buying and the real estate boom in Florida.
While the residential real estate market is seeing major competition among buyers, not everyone can buy a home in cash.
This fact has led agents and prospective home buyers to get more creative when they put in an offer, according to Zillow – a leading online marketplace for buyers, renters and sellers.
Zillow consulted its network of "Premier Agents" to create a survey that offers winning home-buying tips. The real estate tech company was compiled a list of the top tips it received from 376 of its participating agents.
VIRAL TIKTOK VIDEO MAKES FUN OF COMPETITIVE HOME BUYING IN THE CURRENT MARKET
When an all-cash offer can’t be put down, agents have seen success in closing deals for buyers who are willing to offer a higher down payment or earnest money. Twenty-one percent of Zillow’s Premier Agents reportedly used this strategy to help their clients, and about 25% of those who did said they extended this offer before the review date.