Orlando Real Estate News

• Get pre-approved for a mortgage before you start shopping. It'll make you more attractive to sellers.
• Shop at the right time -- one of the best times to look is during the week between Christmas and New Year's, simply because very few people are looking then. If you find the right house or the right seller at this time, it's a great opportunity for getting a low-ball offer accepted.
• Make an initial offer that's below what you want to pay, and prepare to be rejected. Let the seller feel that they're negotiating a better deal with you and they're more likely to accept your second or third offer. Note: in a competitive market this strategy isn't advisable, but in a slow market it's worth trying.
• Have several properties in mind. The more opportunities you create, the more likely you are to have a seller accept your offer.
• Hire a buyer's agent. The seller's agent is trying to get the best possible deal for their client and they're not going to help you get a low-ball offer accepted. A dedicated buyer's agent will, and they'll most likely have more in-depth knowledge of the neighborhood and current market prices, too.
• Don't use the list price as an indication of a property's true market value. List prices are often inflated, so do your own research. Have your Orlando real estate agent run a Current Market Analysis for the home and find out how accurate that list price really is.

Give the seller a good reason to accept your price. Offer to close quickly, offer to pay in cash, and be flexible on inspection dates. Accommodate the seller in every way possible, and if they're motivated to sell they'll be more amenable to your offer.

Read Also:
How Do You Buy The Most Home For Your Money In Orlando Florida?
Guide for First-Time Homebuyers in Seminole & Orange County Florida - Part Two of Two
How can a real estate agent help a first time buyer?