When making offers on property, your agent will need to consider the state of the market and decide whether it is a cold, neutral, or hot market.
A cold market has more homes than buyers, so sellers are motivated to be flexible to get the sale.
A neutral market has a steady, similar flow of houses and buyers, so there may be multiple offers on houses with higher value, but sellers recognize the value of each offer.
A hot market has more buyers than houses, so each house can create a multiple-offer situation and buyers will need to put their best foot forward.
If you need a super dedicated, intelligent real estate agent to help you purchase your next home, please call or text Becky Crockett at (480) 467-9268 or email becky@vizualifeaz.com
Happy hunting!