How to Take Advantage of The Buyer's Market in Southern California
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In Orange County, Southern California, buyers are back in the driver’s seat, here is how you can take advantage.
1) With so many homes on the market, the deals are out there it is just a matter of finding them.
2) Don’t wait for prices to come down, that isn’t likely to happen when and where you expect them to. Instead of playing the waiting game, have your agent help you learn the current market values then make a reasonable offer that is below the seller’s price if it appears to be inflated.
3) Remember that when you find the right home, that IS the one, market factors no longer have a bearing. This is when it is time to begin the negotiation process.
4) The negotiation process is the fuel that will enable you to get your dream home within your means.
5) The key to making an offer that gets accepted to think win-win. Attempting to start into negations with an unreasonable or greedy expectation can stop things before they even begin. The best philosophy is to allow the offer to contain different incentives that allow both parties to take away some desired value.
1) With so many homes on the market, the deals are out there it is just a matter of finding them.
2) Don’t wait for prices to come down, that isn’t likely to happen when and where you expect them to. Instead of playing the waiting game, have your agent help you learn the current market values then make a reasonable offer that is below the seller’s price if it appears to be inflated.
3) Remember that when you find the right home, that IS the one, market factors no longer have a bearing. This is when it is time to begin the negotiation process.
4) The negotiation process is the fuel that will enable you to get your dream home within your means.
5) The key to making an offer that gets accepted to think win-win. Attempting to start into negations with an unreasonable or greedy expectation can stop things before they even begin. The best philosophy is to allow the offer to contain different incentives that allow both parties to take away some desired value.
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