Beating the Rise in Demand for Local Luxury Homes
Making the Winning Offer for Luxury Homes in SW Washington...
Like most other parts of the real estate market, luxury homes in SW Washington are expected to show a rise in demand going forward. Certain luxury homes have inherently superior marketability: luxury homes that both make a 'statement' and are priced competitively within their category are the most likely to attract competition between buyers. If you are among those looking for your perfect luxury home in SW Washington, you could face that kind of competition this summer. Here are three stalwart factors shown to help beat the crowd:
- Money Talks
Have your finances ready before you start your home search. If you're a cash buyer, prepare the qualifying documentation. If needed, get your current home sold, or secure an appropriate mortgage commitment before making your offer. Whether your offer is the highest or not, being able to verify that you have the ability to close on the deal can be a powerful persuader. At the price point where multi-million dollar lending can be a stumbling block, a verified offer automatically becomes a most attractive feature.
- Align Yourself with a Connected Buyers' Agent
Buyers' agents who specialize in SW Washington luxury homes can sometimes make a decisive difference. Being better connected to gain access to off-market or exclusive listings, the right agent may be able to alert you to emerging properties before they hit the broader market.
- Moving Fast Can Seal the Deal
If you are ready to buy and know what you are looking for, as soon as you find the right property, be mentally prepared to make your offer. Every moment you dawdle invites a multiple-offer situation -- and though you may still get the house, you can also end up paying more than you should have. Sometimes it just depends on how quickly you are prepared to move. Luxury homes in SW Washington sell more quickly than many of today's buyers expect. Especially in a changing market, it's important to have the most adept representation possible. Contact me today if you'd like to discuss this summer's offerings of luxury homes!