No Tire Kickers Please
The first sign of a serious buyer is one who has is pre-approved by their lender. They have made that call and gone over their financial situation as well as having done a credit check to determine their price range as well as their credit eligibility to buy. Looking at these two elements also assists the lender and agent determine which loan product suits that buyer's needs. Many sellers won't even show a home if the buyer hasn't taken this first important step.
Another important facet of a serious buyer is one who is willing to offer a purchase price that is in line with the neighborhood market. Sure, every one likes to think they are getting a good deal but particularly in a hot market like ours, a low ball offer won't be considered when multiple offers are flying in. As I used to ask the buyers I worked with back in my real estate agent days, "Do you want to write an offer or do you want to buy a house?" There is a big difference.
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