3 Strategies for Success in the Hot Spring Real Estate Market of 2024

If you're eager to navigate the dynamic Edmonton spring housing market in 2024, whether it's for your first home, an upgrade, or downsizing, the intense competition & rising prices might pose challenges. Here are three effective ways to come out on top:

1. Act Promptly & Assertively

Move swiftly when a new property hits the market. Request your REALTOR®  to schedule a showing immediately. Be proactive by making an offer promptly; waiting for discounts might not be viable in the current scenario. Consider offering at or above the asking price for newly listed properties. Align with the seller's preferences on possession date, fixtures, fittings, & keep your condition dates short.

2. Ensure Your REALTOR® Excels in Multiple Offers

Thoroughly assess your REALTORS® strategy for handling multiple offers. Do they have a well-thought-out plan, or are they improvising? Our team employs a 5-step multiple offer winning process to maximize your chances of securing your dream home. Request detailed information from your advisor. Click this link to learn more 5 Ways to Win Your Dream Home in a Multiple Offer.

3. Explore Older Listings

While others focus on new listings, consider a different approach. Older listings often receive less attention. In the current market, negotiating leverage is higher with older listings. Sellers may be more open to negotiations due to perceived issues or assumed overpricing. Collaborate with your REALTOR® to review older listings; there could be hidden gems with improvements or motivated sellers willing to negotiate.

Successfully navigating the spring market involves a balance of speed, strategic planning, & a willingness to explore overlooked opportunities.

To shop for ALL homes in the metro Edmonton area please go to our website www.AmbergateHomes.ca.

About the author:

You can read more about the author of this blog by clicking this link – Meet Stuart Neal

Learn how you can make the right choices when you buy or sell a home SUBSCRIBE to Stuart Neal – Real Estate Advice.

For a personal consultation, call Stuart Neal Team Lead & REALTOR® at Ambergate Realty Advisors – eXp at: 780-760-2014 x 3.

 

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