Regardless of whether the overall housing market is up or down, there can be fierce competition when it comes to buying a home in a desirable neighbourhood. So, if you want to live in a "hot" area, how do you gain an advantage? Here are some tips:
- Schedule viewings of homes for sale in the neighbourhood as soon as they go on the market. Have you ever heard the expression, “The early bird gets the worm”? It’s often true.
- Arrange to get alerted, via email or text, to brand new listings the moment they are available.
- Make sure you have your financing pre-approved, so you can make a quick and credible offer right away.
- Prepare your current home for sale, so you can list it quickly (if it isn’t already listed.)
- Know how to make an enticing offer that a buyer will take seriously. It’s not always the highest price that wins the deal.
Even in a competitive market, you don’t want to end up overpaying. That’s why savvy offer preparation, presentation and negotiation are also keys to getting the home you want.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.