Drive Results Realty
Mike Peterson, Drive Results RealtyPhone: (612) 226-7467
Email: [email protected]

3 Signs it's time to put in an offer on a home

by Mike Peterson 12/05/2023

Major signs it's time to submit a home purchase offer featured image

After conducting an in-depth home search, you may find a property fitting your needs and homebuying goals. Ultimately, there are a few significant signs to note which can indicate a great time to put in an offer, and knowing what these signs are can put you ahead of the competition. 


You find a house matching or exceeding your expectations

If you view a home and find it aligns or even exceeds your homebuying goals, this may be a sign to take the plunge with an offer to purchase.  

Consider factors such as the space and square footage, location, if it has the HOA community of your preference and more. 


You're operating in a sellers market

If you’re buying in a fast-paced market, it may be best to act quickly to secure the home of your dreams.  

A seller's market typically features a shortage of high-quality homes and an abundance of homebuyers. Acting quickly is needed to secure housing, so working with your real estate agent, you may need to form a competitive offer letter to stand out from the crowd. 


You're facing a time crunch

If you must move into a new home quickly, you may want to consider working with a real estate agent to map out a homebuying strategy, so you can efficiently find a home of your liking and turn in an offer letter.  

This may include figuring out what you’re searching for in a home, including the number of rooms needed, yard space, location and other aspects.  

Working with your real estate agent, observing the market and understanding your goals can help you figure out if it’s the right time to put in an offer to purchase.


About the Author
Author

Mike Peterson

Mike and his team are consistently praised for their ability to find the perfect home, negotiate the best terms and deliver results with no pressure and no drama. 

The collaborative process is designed to get you the best sale or purchase in the shortest period of time for the best price. 

We have BUYERS, We have SELLERS, We have RENTERS, We have FUN!! We Drive Results.