We’re situated in a seller’s market here in North Alabama, and this means that there aren’t as many homes available as we have people looking to buy them. For sellers, this is good news and it means that you’ll have multiple offers from buyers.
However, for buyers in North Alabama, this means that you’ll be fighting an uphill battle. But there are ways to compete and thrive in this market.
Conventional wisdom might tell you that choosing the highest dollar offer would put you in the best position, but sometimes home sellers aren’t looking for the most money. Sometimes they’re looking for the greatest convenience.
The strength of a buyer’s financing also plays a big role. Not all loans are created equal, and not all home buyers use local lenders. Local lenders are preferred because they are easier to contact, and they are often more dependable than large, out-of-town lenders.
Closing date is another key aspect. As a buyer, if you can close sooner rather than later, that’s probably going to be a major plus for the seller. However, some sellers may need more time, so our advice is to stay as flexible as possible. Have your buyer specialist ask what the seller would like in regards to the swiftness of the closing date and the inspection period.
Our last piece of advice is to keep your offer as simple as possible. Try to remove as many contingencies as possible so that the seller doesn’t see you as picky or needy. When a seller sees your complicated offer next to a more simple and clear one, you can probably tell who they would choose.
If you or anyone else you know needs help choosing an expert Realtor in the North Alabama area, please don’t hesitate to contact me and my team at (256)-799-9000!
This Week’s Closings:
- Ms. Kira Thomas
- Mr. Tyler King
- Ms. Cindy D. Phillips
- Mr. DeJuan Holley
- Mr. and Mrs. Bruce Park
- The Oasis Group, LLC
- Mr. and Mrs. Brad Miller
- North by West, LLC
- Mr. and Mrs. Jonathan Mullins
- Mr. Richard E. Collins
- Mr. and Mrs. Patrick Gatlin
- Ms. Marlena Gilmore
- Ms. Bridgette Wilder
- Mr. and Mrs. Anders Adelfang
- Mr. Travis Dennison
- Mr. and Mrs. Keith Clements
- Ms. Lelani Banks
- Mr. and Mrs. Michael French
- Ms. Denice Bailey
- Mr. Domenico Bracaglia
- Mr. and Mrs. William Schuhardt
- Mr. and Mrs. Joshua Rojahn
- Mr. and Mrs. Johah Corley
- Ms. Sarah Carr
- Mr. and Mrs. Lakyth Hardy
- Mr. Joseph Lemon
- Mr. and Mrs. Joseph McIntosh
- Ms. Claire Ragsdale
- Mr. and Mrs. Antonio McGuinnis
- Mr. and Mrs. Timothy Burden
- Ms. Mary Brown
- J & A Investments, LLC
- Mr. Jason Fessel
- Mr. and Mrs. Scott Neely
- Mr. and Mrs. Robert Collins
- Mr. and Mrs. Curtis Taft
- Mr. and Mrs. Norman Travers
- Mr. Stephen St. John
- Mr. and Mrs. Todd Williamson
Hot New Listings For Sale:
- Hunstville
- 2526 Bonnie Oaks Drive $120,000
- 7813 Horsetree Trail $210,00
- 2204 Gallatin Street $239,500
- Limestone/Morgan County
- 102 Brighton Park Way $280,000
- 29631 Copper Run Drive $229,900
- 1905 Heritage Lane $400,000
- Madison County
- 4707 Carrington Boulevard $190,000
- 2113 Dogwood Lane $81,000
- 119 Shorewood Lane $149,900
- 2707 Dry Creek Drive $112,900
- 132 Riverwalk Trail $275,000
- 101 McClellan Lane $259,900
- 1875 Jordan Road $205,500
- 109 Alexandria Drive $242,000
- 6214 Valley Park Drive $55,000
- 1237G Scott Road $77,000
- 2625 Spicewood Trail $65,000
- 110 Perdido Bay Drive $323,500
- 5105 SE Frankford Drive $169,900
- Guntersville and surrounding areas
- 243 Brookwood Circle $144,900