You often hear the term “Sellers Market” or “Buyers Market” thrown around. What does it really mean to you? Is the Bosque County area currently a “Buyers Market” or a “Sellers Market”? Here is some answers that may help you. Currently Bosque County and Central Texas is a “Sellers Market”! What theis means to you is that if you are in the market to sell, this is a great time to list your home or property with a progressive real estate firm like BCP Real Estate. Properties are in demand and are bringing top dollar.
However, if you find your self buying in this “Seller’s Market” here are a few tips that may help you get the property you want in Central Texas. The most important thing to remember, be prepared to act! In fact a couple of our BCP agents signed a listing agreement and brought the Seller a close to full money offer the next day! All buyers interested in Central Texas should be prepared to act when they start looking. Here’s some things buyers can do to help get transactions done in an active market:
1. Be prepared to act, when your agent calls and says they have a new listing they think fits your criteria, don’t delay! Go see the property immediately!
2. Have your agent present “bonafides” to potential sellers to establish your credibility as a buyer, like a letter stating you are pre-approved for financing!
3. When you do find a property that meets your criteria, don’t low ball the seller, make a serious, legitimate offer; and finally,
4. Don’t include a lot of contingencies, if you do, the seller will just move on to the next offer and you will be left in the dust!
Central Texas is a great place to look for property that can fit your needs, don’t hesitate to call us at BCP Real Estate whenever we can help!