Is it time to submit a home purchase offer?
After conducting an in-depth home search, you may find a property fitting your needs and homebuying goals. Ultimately, there are a few significant signs to note which can indicate a great time to put in an offer, and knowing what these signs are can put you ahead of the competition.
You find a house matching or exceeding your expectations
If you view a home and find it aligns or even exceeds your homebuying goals, this may be a sign to take the plunge with an offer to purchase.
Consider factors such as the space and square footage, location, if it has the HOA community of your preference and more.
You're operating in a sellers market
If you’re buying in a fast-paced market, it may be best to act quickly to secure the home of your dreams.
A seller's market typically features a shortage of high-quality homes and an abundance of homebuyers. Acting quickly is needed to secure housing, so working with your real estate agent, you may need to form a competitive offer letter to stand out from the crowd.
You're facing a time crunch
If you must move into a new home quickly, you may want to consider working with a real estate agent to map out a homebuying strategy, so you can efficiently find a home of your liking and turn in an offer letter.
This may include figuring out what you’re searching for in a home, including the number of rooms needed, yard space, location and other aspects.
Working with your real estate agent, observing the market and understanding your goals can help you figure out if it’s the right time to put in an offer to purchase.
About the Author
Daniel Martin, Higgins Group Private Brokerage, Licensed in CT, Lic. #RES.6767971
With over two decades of experience in Connecticut real estate, Daniel Martin is a seasoned Realtor at Higgins Group Private Brokerage, renowned for his exceptional market insight and unwavering client dedication. A lifelong Connecticut resident, Daniel's deep roots in the community, coupled with his extensive professional background, provide an invaluable advantage to both buyers and sellers across Fairfield and New Haven Counties.
Daniel's distinguished career is marked by consistent achievement, earning him the prestigious Connecticut Magazine 5 Star Realtor award from 2014 to 2025. He is a perennial Top Producer, recognized as both a Top Listing Agent and Top Selling Agent, a testament to his strategic approach and keen understanding of market dynamics. His expertise spans a broad spectrum of real estate needs, including guiding First Time Home Buyers, navigating transactions for Single and Multi-Family Homes, Land, New Construction, New Residential Developments, Condominiums, Downsizing, and Rentals.
Beyond his impressive track record, Daniel's professional affiliations include memberships with the National Association of REALTORS (NAR), Connecticut Association of REALTORS (CAR), Bridgeport Board of Realtors, Smartmls and Greenwich MLS. His foundational education in real estate from Naugatuck Valley Community College, complemented by studies at Connecticut School of Electronics and Housatonic Community College, underpins his comprehensive understanding of the industry.
Daniel's unique blend of customer service acumen and technological proficiency sets him apart. He leverages every available marketing resource to ensure his clients' homes gain maximum exposure and stand out in the competitive market.
When not orchestrating successful real estate ventures, Daniel cherishes time with his family, including his wife, two children, and four grandchildren. A passionate musician and golf enthusiast, he embodies the vibrant spirit of the Connecticut communities he serves. Daniel's network extends globally, allowing him to facilitate referrals anywhere in the world.
