“Jenni has been an absolute dream to work with. She is so knowledgable about the market, so smart about all the details, we always knew we were in really capable hands.“
-Shrader, Buyer
Lauren (The Jenni Stolarski Team’s Transaction Coordinator) closed on a home yesterday! Congrats to Lauren and her family on this new adventure.
As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition.
Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it:
“This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.”
Showing sellers you’re serious can give you a competitive edge, and it helps you act quickly when you’ve found your perfect home.
Homes are selling quickly in today’s competitive housing market. According to the Existing Home Sales Report from the National Association of Realtors (NAR):
“Eighty-three percent of homes sold in November 2021 were on the market for less than a month.”
When houses are selling this fast, staying on top of the market and moving quickly are key. Your agent can help you put together and submit your best offer as soon as you find the home you want to buy.
No matter what the housing market looks like, rely on a trusted real estate advisor. As Freddie Mac also notes:
“The success of your homebuying journey largely depends on the company you keep. . . . Be sure to select experienced, trusted professionals who will help you make informed decisions and avoid any pitfalls.”
Agents are experts in the local real estate market. They have insight into what’s worked for other buyers in your area and what sellers may be looking for in an offer. It may seem simple, but catering to what a seller needs can help your offer stand out.
According to the latest Realtors Confidence Index from NAR, 40% of offers today are above the list price. In such a competitive market, emotions and prices can run high. Having an agent to help you submit a strong, yet fair offer is critical in these situations. Your agent can help you understand the market value of the home and recent sales trends in the area.
When putting together an offer, your trusted real estate advisor will help you consider which levers you can pull, including contract contingencies (conditions you set that the seller must meet for the purchase to be finalized). Of course, there are certain contingencies you don’t want to give up. Freddie Mac explains:
“Resist the temptation to waive the inspection contingency, especially in a hot market or if the home is being sold ‘as-is’, which means the seller won’t pay for repairs. Without an inspection contingency, you could be stuck with a contract on a house you can’t afford to fix.”
Today’s competitive landscape makes it more important than ever to make a strong offer on a home. Let’s connect to make sure you rise to the top along the way.
These Kings Highway parks are perfect for Spring outdoor fun and preserve green spaces in Oak Cliff!
Stone Park was once the location of the first 7-11. When that was torn down, it was left as a green space, which neighbors eventually enhanced, and christened Stone Park.
begins with an 8-year-old boy grooming the horses and mules that pulled ice-delivery wagons through Oak Cliff.
Young Joe C. Thompson Jr., known as “Jodie,” mucked stalls and otherwise cared for the animals that served Consumer Ice Co., which owned several ice plants and retail ice docks in Oak Cliff, including the ice house on Page at Polk. That building, constructed around 1915, once housed the predecessor of the Oak Cliff Cultural Center…”
Read the full Advocate Mag article here.
Another outdoor gem us Twelve Hills Nature Preserve, created by the City in an effort to preserve green space. It’s a wonderfully maintained oasis, adjacent to Rosemont Elementary.
These Kings Highway Parks keep the neighborhood green and offer easy escapes to nature. Don’t forget to follow us on Instagram to see what else makes Kings Highway special!
When Jenni moved to Dallas from New York City, Kings Highway was where she landed!
And don’t forget to follow us on Instagram to see what else makes Elmwood special!
