If you’re looking to purchase a single family home on Oahu right now, you’re very likely:
You’re not alone. So many people want to purchase right now and the limited inventory is making it incredibly difficult.
Here are some tips that may help:
#1 START BLABBING
Tell every single person you know that you are looking to buy a home (and what you’re looking for). Tell every single person you don’t know (the delivery person, the grocery store checker, the gal you pass every day on your walk). Become a walking/talking home hunter. There is very likely someone in your extended network who knows of a home that is not yet on the market OR of a homeowner who may be convinced to sell quite easily.
#2 MAIL TO THE NEIGHBORHOOD
Have your realtor send mailers to the neighborhood you’re looking to move into. Often a seller doesn’t want to go through the hassle of a sale with all those open houses and showings, BUT…if the opportunity falls in their lap and the hassle is eliminated, they just may do it!
#3 DON'T LOWBALL IT
It's a seller's market. Now is NOT the time to give a lowball offer. There's too much competition for those kind of offers at this time. Bring your A game to the offer table!
#4 CONSIDER ADDITIONAL OPTIONS
Is there a certain parameter of your home search that you could consider changing. For example, maybe you *only* wanted a single family home, but if you opened up your search to a large town house, you may have more of an opportunity to purchase. Or perhaps you had your heart set on a specific neighborhood...could you expand your consideration to an adjoining neighborhood? These little shifts/compromises will increase your pool of options and could be the difference in getting you a home in this hot market!