HOW TO MENTALLY PREPARE FOR HOUSE HUNTING IN A COMPETITIVE MARKET

Supply and Demand is telling us that this is a sellers market in the Lake Norman and surrounding areas.  But that doesn’t mean you can’t find your dream home.  The Sarver Group wants you to have the smoothest home buying experience possible-not one that’s full of ups and downs!

BE PREPARED  - HIRE A BUYER'S AGENT FIRST.

The listing agent works for the SELLER. You want to have someone representing you and your best interests. They will also educate you on the market and help you strategize how you write your offer.

BE PREPARED - TO SUBMIT A PRE-APPROVAL WITH YOUR OFFER!

Sellers aren't even looking at offers without pre-approvals or at least a pre-qualification letter in this market. Do your due diligence and know what you're comfortable spending so you don't get in over your head in a bidding war.

BE PREPARED - TO COMPETE WITH OTHER OFFERS.

In most price ranges, there is a severe lack of inventory which means there are more buyers looking for homes than there are homes for sale. That means you are likely house hunting in a seller's market.

BE PREPARED - TO MOVE QUICKLY.

Schedule a showing as soon as possible. Know your deal breakers and must haves. Be ready to write an offer right away.

BE PREPARED - TO OFFER MORE THAN THE LIST PRICE:

Many homes are selling for more than the asking price due to the number of buyers and offers they're receiving. This is why having your pre-approval and budget is critical.