![\"Here\u2019s](\"https:\/\/discoverstouffville.ca\/wp-content\/uploads\/2021\/10\/IMG_4527.jpg\")
<\/p>\n<\/p>\n
RE\/MAX agents share time-tested tips and tricks for buyers to stay motivated during their real estate journeys amid a fickle seller\u2019s market.<\/p>\n
In many U.S. locales, the housing market is roaring. It\u2019s great news for sellers, but perhaps less-welcomed news for buyers, who may be feeling the ups and downs of a competitive market.<\/p>\n
Angelica Olmsted, an agent with RE\/MAX Professionals, says that while the housing market has \u201cslowed down\u201d in her hometown of Denver, Colorado, it\u2019s actually not slow at all. Sales are still brisk even though, according to the most recent RE\/MAX National Housing Report<\/span><\/a>, Denver has one of the tightest markets in the U.S., based on available homes for sale.<\/p>\n \u201c[Slowing down] does not necessarily mean what most people think. A couple of months ago, we were seeing 20+ offers on a home, and now we’re down to four to five offers on the same home. It is still a very competitive market,\u201d Olmsted says.<\/p>\n \u201cIt\u2019s hard to buy in this market when you can’t compete with a cash offer or an appraisal gap<\/span><\/a> (when an offer is higher than a home\u2019s value). And if you don’t have an unlimited amount of time to search, you can’t just drop everything and go look at a property,\u201d she adds.<\/p>\n For any prospective homebuyers who are feeling down on their luck or are seeking new ways to reinvigorate their home search process, RE\/MAX agents offer their insight into purchasing properties in any market.<\/p>\n In a market that\u2019s seeing bidding wars, cash buyers and investors<\/span><\/a>, homebuyers would be wise to work alongside a qualified real estate professional<\/span><\/a> who operates with best practices and can guide them through the process and represent their wishes to the seller\u2019s agent.<\/p>\n \u201cWhen you’re picking an agent, make sure they\u2019re someone you can talk to. You’ll be in the trenches with this person, so make sure you feel comfortable communicating your feelings to them,\u201d Olmsted says.<\/p>\n Additionally, those buying a home with a loan will want to be in close contact with a mortgage professional for pre-approval, and even underwriting, before touring properties.<\/p>\n \u201cAt the end of the day, cash [offers] come with fewer contingencies, which means a quicker close. To combat that, working with a local lender who can pre-underwrite you is huge,\u201d Olmsted says. \u201cUnderwriting can get you to close faster, so I highly encourage my buyers using a loan to do that.\u201d<\/p>\n \u00a0<\/span><\/b><\/span>Using reliable technology will make for a more organized home-buying process. The RE\/MAX Real Estate Search App<\/span><\/a>, for example, includes features for creating custom boundaries and saving searches.<\/p>\nWork with an experienced professional<\/h2>\n
Use a home search app<\/h2>\n