SBP's Tips & Tricks for Buying in a Competitive Market

Tacos & Tequila

09/6/24

In today's fast-paced, competitive real estate market , securing your dream home can feel like an uphill battle. You may be thinking: how do I secure the home of my dreams? Well, as seasoned real estate experts, the team at Smith & Berg Partners knows firsthand what it takes to help buyers emerge victorious, even in multiple-offer situations. We recently sat down with SBP Founding Partners F. Ron Smith and David Berg to get you their proven homebuying formula, right from the source, while sharing inspiring stories from our clients whom we have expertly guided to achieving their real estate dreams. Read on:


Preparation, Presentation, and Proactivity

According to David Berg, the key factors that make a well-represented buyer stand out are the "three Ps" — preparation, presentation, and proactivity. As David explains, "In 2020, this meant something very different. Today, it means Preparation, Presentation, and Proactivity." F. Ron Smith echoes this sentiment, emphasizing the importance of minimizing contingencies and increasing flexibility. "Create confidence by eliminating your loan contingency and offering a lease-back after the close of escrow," he advises.

“The team at Smith and Berg was top notch throughout our purchase and sale process. Our deal was very complex involving multiple properties and several counterparties during a difficult market but the team got the job done and kept us sane while doing so. A truly value-add team that has proven why they are #1 on the westside.” – Brian Y.

Avoiding Common Mistakes

When it comes to navigating a competitive market, defining what you're looking for is crucial, according to David. "Buyers can demonstrate their commitment to the property by making multiple visits, and lining up financing so you can submit an offer without a financial contingency, if appropriate," he adds. F. Ron sums it up succinctly: "Be prepared, and then be flexible."

“If you’re contemplating buying or selling anywhere on the Westside of LA, I wouldn’t consider any other brokers. As stressful as the process is, they made us feel at ease during even the toughest moment. Incredible people!” – Christopher D.

Securing Your Dream Home

The SBP team understands that buying a home is a life-changing decision. That's why we go above and beyond to ensure our clients' success. As David explains, "Working with a seasoned team like ours — with great relationships in the brokerage community, a proven track record, and who have the clients' best interests in mind — will always result in success." F. Ron echoes this sentiment, stating, "With us, you always get what you want." Mic. Drop.

“Wow. What an amazing, endless delight it has been to work with Dave, Ron, and the entire Smith & Berg team. If you are looking to buy or sell, they will work tirelessly with you to get you what you want and achieve your dreams. And if you’re not careful, they might even become close friends in the process!” – Austin W.

Check Out More Buyer Success Stories Below:

“What is typically one of the most daunting challenges is made easy and efficient working with Smith & Berg. Fully recommend to all those looking for a durable guide in the struggle of making life changing decisions.” – Ryan H.

“I cannot speak highly enough about this team. I have purchased two homes with them and have been incredibly impressed by their professionalism, expertise, service, and attitudes. Each member of the team is spectacular at what they do — and they’re nice, fun people, to boot! I wouldn’t use anyone else.” – Kimberly B.

“F. Ron Smith, David Berg, and their team are the epitome of a well-oiled machine. We purchased our home with them during Covid and the process was seamless. When it came to selling it, there was no doubt we would have them represent us. They were our sound advisors as we prepared the house for sale, and their marketing and pricing strategy garnered us over asking with multiple offers in one week!” – Andre W.

“My wife and I recently had the pleasure of working with F. Ron and David in our search for and purchase of our dream home in Brentwood, and we couldn't be happier with the experience! If you're looking for top-notch realtors who truly care about their clients, possess unparalleled local knowledge, and excel in negotiation, look no further than F. Ron and David.” – Mark S.

If you're searching for your dream home in a competitive market, SBP is here to guide you every step of the way. Contact us today to learn how we can help you secure your perfect property.

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