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Lafayette – Youngsville – Broussard – Abbeville – Breaux Bridge – Carencro – Sunset – Duson – Scott – New Iberia

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How to Handle Multiple Offer Situations When Selling Your Lafayette Home



Selling your Lafayette home? Click here for a free Home Value Report
Buying a home? Search all Homes for Sale

With the spring real estate season in full gear, there is no better time to discuss how to handle multiple offers when selling! 

From a seller's perspective, it really doesn't get much better than having multiple buyers making offers on your home. The first thing you need to do is take a look at the particular terms of each offer. Ask yourself the following questions when looking over offers:
  • How much money is getting put down?
  • What kind of deposit are they putting down? 
  • Are they pre-approved?
  • Is their financial institution credible in our market? 
  • Are they considering a conventional loan or a government loan?
  • What concessions are they willing to make? 

After answering these questions, you should be able to pick the best offer! We are experts at making your home attractive to the widest range of buyers and generating multiple offer situations for our listings. If you would like us to do the same for you, give us a call or shoot us a quick email. We would love to help you sell quickly and for top dollar! 

Where's the Lafayette Market Heading?



Selling your Lafayette home? Click here for a free Home Value Report
Buying a home? Search all Homes for Sale

Hello, and welcome back! Today, we're going to give you a quick update on where the Lafayette market is heading! 

The sales for Lafayette Parish are up 7% compared to where they were at this time in 2014. Since 2012, we've seen a 33% increase in home sales in our area! The average number of days on the market is hovering around 87, down from 93 at this time last year, and dollar volume is up 10.8%. In fact, since 2012, we've seen a jump in dollar volume of 58%! Additionally, the average sales price is up 3.5%, and the median sales price has risen to $195,000 from $187,000 last year. 

What do all these numbers mean for you
They mean that our market has not only recovered, it has caught fire! Pending sales contracts are up 20%, as we have 399 homes currently under contract, compared to only 333 this time last year. With a healthy five months of inventory, it's looking like our market will continue going strong through the summer.  

If you have any questions about market conditions in your particular area, or if you have real estate needs of any kind, give us a call or shoot us a quick email. We would love to help you take advantage of these stellar conditions! 

How to Avoid Losing the Lafayette Home of Your Dreams




Selling your Lafayette home? Click here for a free Home Value Report
Buying a home? Search all Homes for Sale

Today, I want share some advice on how to submit a powerful offer in a multiple offer situation.

When you're looking at a home that is getting attention from other buyers, there are a few things we can do to get a leg up on the competition. It's important to remember that not every multiple offer situation results in a bidding war. 

We pride ourselves on staying in touch with the listing agents on the other side to get inside information about what exactly is going on with negotiations. We're also experts at identifying what is most important to the sellers - whether it be price, negotiations, or something else entirely. 

Making yourself known as a buyer is key. Any way you can give the seller some insight into who you are and what your family is like will go a long way. Writing a handwritten note about why you want the home is a great and highly effective way to personalize the offer. We've seen it work in the past and highly recommend giving it a shot. 

If you have any questions about staying ahead of the competition in multiple offer situations, or if you need real estate assistance of any kind, don't hesitate to give me a call or shoot me an email. I would love to give you a hand!