Many people think that buying a house in Berkeley and the East Bay area more generally, historically a market with limited inventory, can be difficult and frustrating. Stories of buyers spending months looking for properties and making more than 10 offers before having a bid accepted are common. I’m here to tell you that it doesn’t need to be this way. My clients have their first offer accepted more than 80% of the time, and I have never had a buyer make more than 3 offers before getting into contract on a home.
A key part of the Megan Micco Method is proper targeting. By working closely with you to understand your budget and home criteria, I guide each buyer to only place offers on homes that they are likely to win. By using public data, my extensive personal network, and years of local experience, I provide insight into likely selling prices. I also help buyers understand how current interest rates and other property specific financial factors might impact their long-term cash flow. This helps my buyers make informed decisions, present the most competitive offers, and get into contract quickly to begin building wealth and avoid the pain of being out bid on the perfect home.
1. Determine Your Needs
Before beginning your housing search, the first thing to do is list the criteria you want to meet for a new home. Cost, location, size, walkability, schools, and other factors should be considered and articulated before you start your home search. Working with a qualified agent to help you think through your long-term financial and family objectives will help you narrow your search and increase the chances of winning the home of your dreams while reaching your life goals.