![\"Real](\"http:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-content\/uploads\/2017\/06\/realestate-offers.jpg\")
Boise Real Estate Advice in a Sellers Market<\/h2>\nBoise Real Estate Advice in a Sellers Market<\/h2>\nBoise Real Estate Agent, Cristina Pescaru<\/a>, shares information from Realtor Mag – Making an Offer – 5 Mistakes to Avoid<\/a><\/p>\n We are facing a seller’s market, by now, everybody knows it. It is great if you have property to sell, but if you turn around and become a buyer, here are some things to keep in mind and mistakes to avoid in dealing with the reality of a market favoring sellers:<\/p>\n If you wait too long the result may be you end up paying more because you have to deal with a bidding war or you may miss out on the purchase. When you do find the home you love, act quickly and be ready with your paperwork:<\/p>\n Be a smart buyer – get preapproved.\u00a0 This shows the seller you are financially able to purchase a home.<\/p>\n But using that preapproval document to come up with an offer amount can cause problems. \u201cMany buyers come in with a preapproval for the exact offer price, but when you\u2019re competing against other offers, including cash offers, you want to show financial strength,\u201d Chuck Silverston, principal at Unlimited Sotheby\u2019s International Realty in Brookline, Mass. \u201cAn exact preapproval could make a listing agent nervous because not only does the buyer not have any wiggle room to negotiate, but they might no longer qualify if interest rates rise.\u201d<\/p>\n Real Estate Magazine indicates that lowballing a seller often backfires, particularly in a seller’s market.\u00a0 \u201cA lowball offer that isn’t backed up with math or comparable sales data is disrespectful and could turn off the seller and possibly mean you will miss out on the property completely.\u201d<\/p>\n The simple answer is NO. \u201cI don’t care whether it\u2019s new construction or even your mom\u2019s house you\u2019re buying from her \u2013 get it inspected,\u201d urges Joshua Jarvis of Jarvis Team Realty in Duluth, Ga. Further, if you waive the inspection contingency in your offer, you may lose the earnest money if you later back out of the deal.<\/p>\n <\/p>\n As we said before, this is a seller’s market, so buyers need to look good in the eyes of the seller.<\/p>\n \u201cIn today\u2019s highly competitive environment, the listing agent is trying to determine which buyer will be the easiest to deal with,\u201d Silverston says. Buyers may want to avoid pointing out every defect, making\u00a0nitpicky queries, or questioning the seller\u2019s tastes.<\/p>\n \u201cBasically buyers who act less than enthusiastic will see themselves at\u00a0a competitive disadvantage when sellers are comparing multiple offers,\u201d he says.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Boise Real Estate Advice in a Sellers Market Boise Real Estate Agent, Cristina Pescaru, shares information from Realtor Mag – Making an Offer – 5 Mistakes to Avoid We are facing a seller’s market, by now, everybody knows it. It is great if you have property to sell, but if you turn around and become […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-479","post","type-post","status-publish","format-standard","hentry","category-boise-real-estate"],"_links":{"self":[{"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/comments?post=479"}],"version-history":[{"count":5,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/479\/revisions"}],"predecessor-version":[{"id":485,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/479\/revisions\/485"}],"wp:attachment":[{"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/media?parent=479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/categories?post=479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.findyourhomeinboise.com\/real-estate-blog\/wp-json\/wp\/v2\/tags?post=479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Delaying.<\/h3>\n
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Make an offer for your preapproved amount.<\/h3>\n
Should you submit a lowball offer?<\/h3>\n
Should you waive inspection contingencies?<\/h3>\n
Make a good presentation of yourself.<\/h3>\n