One word describes Kew Gardens real estate: competition! Scoring your first-choice home in this ruthless market is not a given. If you have your eye on Kew Gardens homes for sale, there's a good chance that you will end up in a bidding war.
What if you're not a fighter? Should you walk away and search for a home that attracts less attention? We think that your real estate goals are worth fighting for, so keep your dream home on your radar and read these tips for winning a bidding war in Kew Gardens:
Tip #1: Be flexible.
If you are looking at Kew Gardens homes for sale, be willing to accommodate the seller. Whether they are pushing for a quick sale or need to rent from you for a short time after closing, be a cooperative buyer and grant their wishes with a smile.
Tip #2: Get a mortgage preapproval.
We've said it before, but it's worth repeating: A mortgage preapproval is an essential first step in buying a home. It shows sellers that you are serious about your home search and that you know how much you can afford. Many agents advise their sellers to focus only on buyers who have a preapproval in a competitive real estate market.
Tip #3: Communicate with the listing agent.
Your real estate agent should be able to help you with this tip. Make sure your agent has an open line of communication with the listing broker so that you know if the home has higher bids or cash offers on the table. This insider info will help you decide your next move in the real estate game.
Tip #4: Flash some cash.
If you can make a cash offer for Kew Gardens homes for sale, go for it! Cash transactions proceed with fewer hiccups, making them highly attractive to the seller.
Are you ready to start your search for Kew Gardens homes for sale this spring? Get in touch with Kew Gardens Realty today for more tips on how to come out on top in a bidding war.
Contact us at 718-997-6000 or email us here for more information.