The Island Homes Group

Agustin Torres & David Silletta

5 Tips for Buying in a Seller’s Market

Looking to buy a home in Victoria in 2021?

Follow these 5 simple tips to help you get your dream home with as few hassles as possible!



1. Don’t Rush the Process

It is important that you are very well prepared before going into a sellers market as a buyer. Have pre financing, deposit ready and all your paperwork together


2. Know your Max

Know your max financing limit. Sometimes with multiple offers you have the opportunity to increase your offer. It is important to know your absolute max


3. The Small Things

Look past the small things. Sometimes a house might check most of the boxes but look past the small things like minor renovations or paint or landscaping, as those are things you can tackle in the future


4. Experienced Agent

Work with an experienced agent. Having a great real estate agent can give you the upper hand in a seller’s market and help guide you on the right path to ensure you obtain the house that you want for the price you want. Their experience and market knowledge and negotiation will help you achieve these goals. 


5. Desireable Offer 

Submitting a great offer is one thing. But to also ensure that you maximize your potential by ensuring your offer includes a letter, a picture, terms and dates that work for the seller, and last of all put your best foot forward. 


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