How Can You Get a Competitive Edge When Buying?

Atlanta Real Estate Podcast

There are a variety of opportunities in the Atlanta real estate market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

We currently have an extreme seller's market here in Atlanta. Because of this, many buyers who have gone out and written an offer end up losing or getting outbid. Today, we have two tips to make sure this doesn't happen to you:

1. Get pre-approved: This is not the same as getting pre-qualified, which simply means a lender has looked at your credit and your income, and says you qualify for a loan. Pre-approval means you've turned in many more documents, such as tax returns and pay stubs, and are on more solid financial ground. It will make you look much more favorable than your competitors.
2. Send a personal letter: It's never a bad idea to send a personal touch letter to the seller. This will make you more relatable, as the letter can explain your circumstances and reasons for wanting the house. We've seen this work many times in the past.

These are two simple ways to ensure your offer gets accepted in a competitive market. Under these conditions, it's best to take extra steps to set yourself apart from the competition.

If you would like help navigating this unfriendly seller's market, don't hesitate to reach out to us. We'll do what it takes to get your offer accepted so you don't miss out on your dream home!