Getting Your Contract Accepted in a Multiple Offer Scenario

Have you been unsuccessful in getting  your offer accepted for the home that you want?  Many neighborhoods on Oahu are experiencing a shortage of housing, particularly in certain price ranges.  Here are some ideas to make your offer more competitive.


Comments

Post a Comment

Popular posts from this blog

Maximizing a Homeowner's Chance to Sell

Image
Recent policy changes made by the National Association of Realtors (NAR) have shifted the dynamics of buyer's agent compensation, prompting sellers to reconsider their strategies. Many buyers, especially first-time homebuyers, have limited savings and may struggle to cover additional costs beyond the down payment, closing costs, and other expenses associated with purchasing a home.   Mortgage lenders typically do not allow buyers to include agent fees in their loan amount, meaning buyers must pay these fees out-of-pocket, which can be a significant financial burden. Requiring buyers to cover their agent's compensation, as opposed to the traditional seller-offered model, exacerbates affordability issues and limits many buyers' ability to purchase a home. To maximize market appeal and facilitate a quicker sale at full market value, sellers should strongly consider offering buyer's agent compensation. Increased Buyer Pool : Offering compensation to buyer...
Keep reading

Avoid additional costs with your buyer's agent

Image
The real estate landscape is shifting, with new practices like mandatory buyer's agreements becoming the norm. While these agreements aim to provide clarity and protection, they can also create unexpected complications. Imagine signing a buyer's agreement with an agent, then stumbling upon your dream home during a casual open house visit. This seemingly innocent scenario could lead to a costly mistake, potentially leaving you on the hook for thousands of dollars in out-of-pocket fees. As the industry evolves, it's crucial for homebuyers to understand the implications of these agreements and the potential pitfalls of going solo after signing one. Contacting Listing Agents Directly Visiting open houses on your own or calling the listing agent is a quick way to discover information and what you like and dislike. Be sure to register with the host agent and inform them if you are currently working with an agent. Keep your excitement in check, as the host agent r...
Keep reading

Smart living with home automation

Image
In today's fast-paced world, home automation is becoming increasingly popular among homeowners seeking to enhance convenience and reduce energy costs. With advancements in technology, smart home devices offer innovative solutions that not only simplify daily tasks but also promote energy efficiency and sustainability. Whether you're looking to upgrade your existing home or are in the process of building a new one, incorporating these home automation trends can significantly improve your living experience while saving you money in the long run. Smart Lighting - Automate your lighting to save on energy bills by setting schedules and controlling brightness and color through a smartphone app. Enhanced Home Security - Invest in smart security systems with features like facial recognition, motion sensing, and real-time alerts to enhance safety and provide peace of mind. Smart Thermostats - Use smart thermostats to learn your schedule and optimize heating and cooling, redu...
Keep reading