The last thing a home buyer wants to do is get caught off guard in a seller’s market. The Alaska real estate market landscape has changed drastically in just the last year alone. When you enter a seller’s market, you must rely on your real estate agent for guidance advice more than before. Finding the right home will be a more difficult challenge and require you to really understand how the Soldotna real estate market works. Creating The Buying Offer When you are trying to purchase a home in a seller’s real estate market the most important thing to consider is the offer that you make. With such a lack of inventory on the Kenai Real Estate market, you have to move fast when you find a home that meets your needs perfectly. If you like a home and are willing to put in an offer there is a good chance that you will have competition. A great looking home that has a fair asking price is hard to come by, so when you find one you must make an offer quickly. Waiting might cost you the home of your dreams. How Do You Determine an Offering Price? The price that you offer is not always important initially, because the first offer is just a negotiation starter. However, you do want to make sure that you never make an offer that is less than the list price in a seller’s market. If you are shopping for a home in a buyer’s market you would have an advantage, but in the Soldotna real estate market you must remember that you have to offer at least the list price initially. A Deposit Might Help If you are looking to make your offer stand out in a seller’s real estate market, you can offer an earnest money deposit. This deposit might be a great way to get the deal closed and get you into the best home that meets your needs. A real estate agent can give you advice on this type of deposit. Don’t Ask The Seller For Anything Most sellers want the process to go smoothly without any requests. If you want your offer to be chosen it is best to just keep your mouth shut. Don’t ask for requests regarding the refrigerator or paint on the porch. Many sellers will decline your offer at the first request that is asked.