ᐅ Standing Out Against the Competition in New Home Construction…

Created on: 23 Mar 2015 16:03
T
tukane
T
tukane
23 Mar 2015 16:03
...but how?

Hello,

We have been searching for a suitable new-build property for some time now. Since we live in a metropolitan area (Rhineland), the demand is very high, which also drives up prices. Unfortunately, since we are not top earners, we can only afford a house in the lower price range. Naturally, demand is particularly high in this segment. For example, yesterday we learned from a developer that there are 100 interested buyers for just 10 planned houses.

So, I wonder, what can I do to improve my chances?
Has anyone experienced a similar situation or does anyone have any tips?

Best regards,
tukane

PS: Bribery is, of course, out of the question ;-)
H
HilfeHilfe
24 Mar 2015 07:37
Hello,

Are the prices fixed, or is there a bidding process? Our developer once told us that if he receives enough inquiries, two things are important to him:

- Financing approval
- The buyers should fit in with the neighborhood / neighbors
T
tukane
24 Mar 2015 08:02
Hello,
the prices are fixed.
Apparently, he has no idea yet which criteria he will use to make his selection. Or he doesn’t want to reveal his plans. But maybe my wife’s baby bump gave us a few extra points ;-)
Of course, in the end, not all 100 people are genuinely interested in the properties, not to mention financing.
H
HilfeHilfe
24 Mar 2015 09:41
Therefore, I wouldn’t rush anything. If I were in your position, I would confirm your interest and gradually start a financing inquiry.
S
SirSydom
26 Mar 2015 20:38
- The people must fit in with the surroundings / neighbors

I can hardly imagine that. The builder could not care less about that...