How to get your dream property despite high demand

When a new real estate ad is posted on a portal, dozens of interested parties immediately sign up for a viewing. Many properties do not even make it onto the web, but are sold directly to acquaintances or neighbors. The search for the dream property therefore often drags on for several months or years. We have therefore summarized the most important tips from professional brokers that will give you a better chance of success on the real estate market.

Create a clear search profile

Your chances of success are greater if you have a clear idea of your dream property. This often only emerges in the course of the search. But you can also start thinking about it beforehand. It is also very important to know the maximum amount you can spend on the property. If you try to push the price down, you're usually quickly out of the running given the high demand. This is annoying if a seller sets the price much too high. Therefore, it is advisable to concentrate on offers that have been advertised by professional brokers. Here you can be sure that the price has been determined on the basis of a recognized appraisal and that defects are openly communicated.

Many brokers also offer the option of creating a search profile on their website. In this way, you can access the broker's database and be informed of suitable offers at an early stage.

Clarify the financing in advance

To ensure that everything runs smoothly when buying a house, experts advise that you sit down with your bank advisor early on and find out about financing options. Prospective buyers who apply directly with approved financing have better chances.

The maximum financing amount depends on various aspects. Firstly, you must be able to prove that you have a certain amount of equity. For a property worth 300,000 euros, this should be at least 60,000 euros for most financiers. In addition, you must determine the maximum amount you can spare each month for the installments. It is also advisable to get a credit report. With this data, you can get a financing expertise from your bank or a construction financier.

Even for buyers with less equity or a SCHUFA entry, it is worth checking out several financiers. Some providers have special offers for this.

Apply quickly and with complete documents

Last but not least, given the high demand, it goes without saying that you have to be quick. The best thing to do is to prepare a standard cover letter with your profile. If you only contact us using a fantasy e-mail address without any personal data, most brokers and sellers will not perceive you as a serious buyer and will prefer to invite other interested parties to view the property. If, on the other hand, you can already demonstrate financing expertise and a completed search profile, you stand a good chance.

If you like the property after viewing it, you should also not take too long to think about it, but quickly make your purchase offer.

Are you looking for a property? We might have something suitable for you! Fill out your search profile now free of charge. We will contact you as soon as a suitable offer comes in.

Photo: ArturVerkhovetskiy / Depositphotos.com

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