Ep 50: Bidding Wars: How Buyers Can Stand Out (with Chris Sanders)

Guests: Chris SandersSummaryIn this conversation, Joe and Chris discuss strategies for buyers navigating bidding wars in the competitive real estate market. They emphasize the importance of proper financing, understanding contingencies, and the emotional aspects of home buying. The discussion also covers practical tips for making competitive offers and coping with rejection during the home buying process.TakeawaysBuyers should prioritize getting preapproved over prequalified.A reputable lender can significantly impact the offer's success.Understanding contingencies is crucial in a competitive market.Pre-inspections can provide valuable insights before making an offer.Emotional connections can influence sellers' decisions.Setting realistic expectations helps buyers cope with rejection.The market is competitive, and buyers should be prepared for multiple offers.Writing love letters can sometimes sway sellers in favor of an offer.The more offers you write, the more comfortable you become with the process.Persistence is key in finding the right home.Thank you for listening to RealTalk! Don’t forget to like and subscribe, and follow Joe on Instagram (@seattlesagent) for the latest videos. And don’t forget to check out The Seattle Experience with Joe Sheldon podcast on YouTube or your favorite podcast app. For more information about Joe, or to work with Joe, visit www.myseattlesearch.com.