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Usually we see a lull in the market around this time of the year. With summer coming to an end and school starting up, market activity starts to slow down. This year, however, has proven to be different - recently, we've seen many of our listings sell quickly and with multiple offers.
This is great news for sellers, but what should you do if you're a buyer? Because there are so many multiple offer situations, sellers have a lot of power right now. This means if you want to get the home of your dreams, you need to make a strong offer. If you are going to need help with closing costs, you may have to pay the full list price in order to get to the closing table.
In order to compete with other sellers and differentiate yourself, you need to make sure the terms of your offer are better than the others. Sellers ultimately care about the bottom net number, so it is crucial you make a strong offer at the beginning of negotiations. A seller doesn't need to accept your offer; you need to make a good, clean offer if you are going to be taken seriously.
A real estate professional can help you navigate this tricky market. We are expert negotiators and can help you put together an offer that will set you apart from the rest of the competition. If you have any specific questions about our Tulsa market, or need a hand buying or selling a home, don't hesitate to reach out to us. We can help you get the most out of your real estate experience!
