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Update Dallas | A central hub for market and real estate news affecting the Dallas region.

A central hub for market and real estate news affecting the Dallas region.



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Competing for a House in the Metroplex? Here’s How to Win!

June 18th, 2013 | by The Update
Competing-for-a-home-small.jpg

This Greenway Parks Tudor at 5323 Montrose Drive is new on the market and ready to welcome homeowners. Listed by Claire Dewar for $1,570,000.

The give and take of a healthy real estate market is in play in Metroplex.

Sellers are routinely getting multiple offers, many with cash deals and escalating prices, which means that many buyers are losing out during the contract wars.  Some buyers report making offers on several homes only to be rejected by buyers seeking more favorable terms.

The key to winning the contract is teaming up with an experienced real estate agent, who can write a contract that stands out from the crowd.

“When multiple offers come in at or above asking price, sellers are paying closer attention to all the terms of the offer, not just price,” said Karla Trusler of Trusler-Seale at Briggs Freeman Sotheby’s International Realty. “The seller appreciates as much flexibility as the buyer can give – and we’re seeing that make or break a deal in many cases. We know of a situation where a buyer did not get a house in a multiple-offer situation because the mortgage lender was out of state and the seller thought that might slow down the process.”

Experienced agents know it’s not just about the dollars. Sellers are looking for qualified buyers, favorable terms, suitable time frames and more.

“Negotiation and attention to detail is critical at every step of the process,” said Christy Berry, also of Briggs Freeman Sotheby’s International Realty. “A good agent keeps an eye on the ball from contract to closing to ensure a smooth transaction.”

Briggs Freeman Sotheby’s International Realty is Dallas’ luxury real estate leader, with more than 190 agents in five offices located throughout the Metroplex and access to the global Sotheby’s network, including more than 11,000 agents in 600 offices worldwide. For more information on escapes and second homesranch and land, and luxury homes in the Dallas-Fort Worth region and beyond, go to briggsfreeman.com. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty.

 

 

 

 

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