Published February 15, 2022

5 Deal-Killing Mistakes That All Homebuyers Should Avoid

Written by Dream Team United

5 Deal-Killing Mistakes That All Homebuyers Should Avoid header image.

Here are five home-buying mistakes that you should never make.

Buying a home is complicated, and the current frenzied market is only exacerbating the emotionally-driven mistakes that haunt so many buyers. Buyers are frantically making offers only to lose out time and time again. Here are the five biggest mistakes buyers are making today and how we’re helping our clients avoid them:

Mistake No. 1. Not starting the process soon enough. A lot of buyers don’t understand that they need a pre-qualification from a lender to submit a viable offer in this market. It’s important to meet with a mortgage professional early in the process to identify your price range.

Mistake No. 2. Not having your finances in order. This is also solved by connecting with a great lender. Increasing your credit score can increase your buying power, and we have plenty of ways to help you build your score.

"Everything has changed since COVID began."

Mistake No. 3. Not planning your offer. When competing against multiple buyers, you need to stand out. We’ve learned what it takes to win in today’s market to get you and your family into your dream home.

Mistake No. 4: Not understanding the market. We’ve been in the business for nearly 15 years, but there’s not a lot from those first 13 years that applies in this market. Everything has changed since COVID began. We’ve discovered how to overcome these new challenges, and we can help you do the same.

Mistake No. 5. Not hiring an experienced team. This is by far the biggest mistake you can make as a homebuyer. As Realtors, it’s our job to stay up to date on market conditions, connect you with a trusted lender, and use our strong negotiating skills to get your offer accepted.

To be successful in this market, you need true experts who study the market and know how to win. That’s us. If you have any questions or real estate needs we can assist with, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.