When buying a lake home, it’s important to put yourself in the best position. This means understanding the market, or working with an agent who does. Lake Homes Realty’s CEO, Glenn Phillips gives four tips for leveraging backup offers for lake home buying.
- Patience: Being in a hurry to buy a lake home can damage the chances of a purchase being made. Leveraging backup offers means waiting for an offer to fall through.
- Add Contingencies: Ensuring a higher quality offer with contingencies can
- Don’t Ask, Just Submit: Instead of waiting while more offers can be made, submitting your offer can put you in the best position.
- No Guarantees: While an offer may seem perfect, nothing is guaranteed.
Selling your lake home doesn’t have to be difficult. Set yourself up for success and work with an agent who knows not only your lake area but the lake house market!