Set up instant property alerts. Many real estate websites allow users to save their search criteria and alerts emailed or text to them within minutes of homes coming on the market. This is the best way to stay ahead of competing buyers. When homes are selling within hours, every minute counts. It’s nearly impossible to find the best house in a hot market without having instant notifications
***Pro tip: Not all websites have a direct feed to their local multiple listing service. In order to get the best results from the site supplying you with property updates, make sure you choose one connected to the MLS and updates within minutes. Some websites update daily, meaning you won’t receive updates until the next day. In markets where homes are selling within hours, these late updates will not help much.
Hire an agent who moves fast. Not all real estate agents are created equal, and some work with more sellers than buyers. Other may work part time, or are not very tech savvy. There are many different kinds of agents, so you need to be smart about who you choose to help you find your home.
**Checking Reviews of companies and there realtors can help this process! Find reviews on yelp, google, etc.
Be prepared to make an aggressive offer. When a real estate market is hot, there’s no time for being picky. If you’ve looked at multiple homes and have been beat out by other buyers on several occasions, you may be asking for too much in your offer.
For the full website and more information: https://realestate.usnews.com/real-estate/articles/3-tips-for-homebuyers-in-a-fast-paced-real-estate-market