Advice for Buyers on Multiple Offers in the Trumbull Real Estate Market

Advice for Buyers on Multiple Offers in the Trumbull Real Estate Market

With decreased inventory and many buyers looking for similar homes, when a well presented house priced correctly or low comes on the Trumbull Real Estate market we can see as many as 2-3 offers accumulate in the first week. 

A first time homebuyer is an ideal buyer for any real estate, providing they’ve aligned themselves with a well respected, experienced, and knowledgeable Realtor and Mortgage Broker. 

To best help a buyer, a buyer’s agent should a) identify any property’s best value – has the seller underpriced it and if so, how much is the property worth; and 2) help determine if a property is in the buyer’s best interests – are they caught in the excitement or is this the best home for the buyer’s needs?   Providing that this research yields positive answers, the buyer’s agent should come up with a plan to be sure that their client is presented in the best possible light, completing paperwork accurately, fully, with supporting financial documentation, and a close date and contingencies which both protect the buyer while being appealing to the seller.

For my full article on how to succeed in multiple offer scenarios, please visit my website http://www.freddafirst.com/multiple-offers.asp

Fredda Takacs, Senior Vice President, The Higgins Group

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