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    Newton: 5 Tips for Buying in a Seller's Market

    September 13, 2023
    By Maggie Li
    Newton: 5 Tips for Buying in a Seller's Market

    Newton: 5 Tips for Buying in a Seller's Market

    It's no secret that Newton is a perennial seller's market. To get the keys, you need a plan that goes beyond just 'offering more money.'

    The Buyer's Playbook

    1. Pre-Approval is Baseline: You need a local lender who can pick up the phone when the listing agent calls.
    2. Look for 'Stale' Listings: If a home has been on the market for 21+ days in Newton, there's an opportunity to negotiate.
    3. Flexible Closing: Offer the seller a 'Use and Occupancy' agreement if they need more time to find their next home.
    4. The Inspection Limit: Use a 'Repair Threshold' (e.g., $10k) to show you won't nickel-and-dime the seller.
    5. Work with an Insider: Many Newton deals happen off-market.

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