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Cape Cod Real Estate Market Critical Advice for Buyers

We’ve spilled gallons of ink this year describing how difficult the market is for buyers and speculating about the policy and housing production solutions needed to turn things around. But what about buyers who need to buy something right now? Are they out of luck? Absolutely not!! The market may be crazy, but there is a method to the madness. Here are the two most important things to do to set yourself up for success in the post-COVID real estate reality.

1) Choose a highly experienced Realtor who has as many other active buyer clients right now as possible. You want a Realtor who is writing offers regularly so they can share the boots-on-the-ground intelligence they are getting from other deals with you. If they can’t tell you off the top of their head how much above asking the average home is selling for in your market, keep shopping.

2) Get your financing nailed down. If you are a cash buyer, have a proof of funds letter in hand. If you are financing make sure you have a banker in your corner who can provide custom pre-approval letters and answer questions sellers may have about your loan at the drop of a hat.

This market is a challenge for buyers – no doubt about it. But for every sale out there, there is a successful buyer – taking your time to get the right professionals on your side will make sure that you are that buyer. After all, sometimes it’s better to be good than to be lucky. And when you are shopping for that skilled, experienced, and hardworking Realtor, keep us at Chatelain Real Estate in mind. We look forward to hearing from you!