How I Helped My Clients Save $14,000 in a Competitive Sellers Market

How I Helped My Clients Save $14,000 in a Competitive Sellers Market
Yes, You Can Still Win as a Buyer in Rhode Island

It’s no secret—Rhode Island is in the midst of a competitive sellers market. With limited inventory and high buyer demand, many homes are receiving multiple offers, often selling well over asking price. But here’s the good news: there’s still opportunity for buyers to save money if you have the right strategy and agent on your side.

Just recently, I helped my buyer clients secure a beautiful home in Bristol, Rhode Island—and we saved them $14,000 off the list price.

So, how did we do it?

It came down to a combination of strategy, market knowledge, and timing:

1. Understanding Seller Motivation

Before submitting an offer, I did a deep dive into the seller’s situation. Through communication with the listing agent, I discovered the sellers were more focused on a clean, quick closing than just getting the highest number. We tailored our offer to meet their ideal terms—while still offering below asking.

2. Accurate Property Valuation

I provided my clients with a detailed market analysis, showing what similar homes in the neighborhood were actually selling for. It was clear that this home was slightly overpriced. We used that data to confidently justify our offer.

Yes, It’s a Sellers Market—But Buyers Still Have Power

Too many buyers believe they have to overpay or waive every contingency just to get into a home right now. But that’s simply not true.

Here’s what I tell my buyer clients:

• You don’t need to overpay to win. With the right approach, it’s possible to make a strong, appealing offer without stretching beyond your budget.

• Not every home is selling in a bidding war. Some properties sit on the market due to overpricing or timing. That’s where opportunity lies.

• Having a strategic agent matters more than ever. An experienced Realtor knows how to position your offer, uncover seller needs, and negotiate on your behalf.

Thinking of Buying in Rhode Island?

Whether you’re relocating, upsizing, or buying your first home, there is a path to success—and savings—even in today’s competitive market.

Want to explore your options or just get a sense of what’s possible with your budget? I’d love to help.

📩 Let’s connect and create a smart buying strategy tailored to you.

Sheena Alescio

Mott & Chace Sotheby’s International Realty

sheena.alescio@mottandchace.com

(401) 474-0851