If you're thinking of selling your home, now's the time to list it. But be prepared to move quickly. Here are tips to stay afloat in a hot market from our Real Deal in Real Estate Pros.
- If you're a buyer, waive any contingencies you can (like financing or appraisal) to make your offer stand out. Sellers are getting multiple bids, and it's not always the pricier offer that ends up winning.
- Beware of email fraud. There are many moving parts when it comes to buying or selling a home. Chances are you'll be on your phone constantly checking emails from your realtor, loan officer, and title insurance agent. Make sure everything is legitimate before responding with confidential information, or transferring funds.
- Expect interest rates to rise. Don't rush into anything you're not ready for, but realize that interest rates will continue to increase as you look. This can affect your bottom line and ultimately the property you choose.
This article is sponsored by The Real Deal in Real Estate Pros. Contact them for your buying and selling needs.
