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Updated about 4 years ago on . Most recent reply

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Evan Anderson
  • Rental Property Investor
  • Phoenix, AZ
14
Votes |
7
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Advice from Phoenix Metro Real Estate Agent

Evan Anderson
  • Rental Property Investor
  • Phoenix, AZ
Posted

I have been looking for a single family property around Phoenix for the past few months now and put several offers down on a few different properties. I am working on a tighter budget with homes from 250-300k, how can I compete in this market with such a budget?

I have mostly looked east of Central Ave and South of Indian School Road and I work downtown.


Any advice?

Most Popular Reply

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412
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366
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Melanie Johnston
  • Real Estate Agent
  • Scottsdale, AZ
366
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412
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Melanie Johnston
  • Real Estate Agent
  • Scottsdale, AZ
Replied

@Evan Anderson Be sure your agent has you set up on a Coming Soon MLS search for your target area and property features. In the Arizona Regional Multiple Listing Service (ARMLS), agents can list homes as Coming Soon and these homes usually can be shown while in this status and offers can be written. The advantage is that Coming Soon listings do not appear on Zillow or any of the other RE websites. So you can get a jump on listings before they hit the open market.

Also, my buyer clients have been successful by making "clean" offers. Don't ask for any seller concessions, including a home warranty. You can always buy your own. And before you craft your offer, have your agent reach out to the listing agent to find out what is important to the sellers so you can be sure you address that in your terms.

Make your offer as early--and as frictionless--as possible.

Good luck!

Melanie

  • Melanie Johnston
  • [email protected]
  • 480-241-0241
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