Recently, we talked to some frustrated buyers in the Wexford area. They were able to find homes that interested them, but when they made an offer, they found themselves beat out by a competing one. To help you avoid the same fate, we want to share some tips to help you make the most of these situations. As soon as you find out that there are other buyers interested in the same property as you, your negotiating power shrinks substantially. The way you present an offer changes in this situation, and as your expert advisors, we would suggest taking a look at that list price and figuring out what is the best and highest offer you would be willing to make on the house.
But it's not only about price when buying. When you go to make an offer, you need to take a look at the terms and conditions, and decide what you can change and tweak to make the offer really stand out. If you can afford to put more money down, we suggest going in as a conventional buyer; if you can cut your 60-day closing timeframe down to 30 days, do it. These are things that are huge in the buyer's eyes and will make your offer stand out from your competitors. The biggest thing we recommend to buyers is that they change their commitment date. If the commitment date is a week or two before the closing date, we suggest decreasing it to show the seller that you're serious! If you have any questions about making the most of multiple offer situations, please don't hesitate to reach out to us. We would love to give you a hand!
The Internet has dramatically simplified the process of searching and finding homes. Websites like Realtor.com, Trulia, and Zillow have all been instrumental in allowing the average consumer to look at properties and learn more about their local real estate market. While these websites are great resources for beginners, I wouldn't recommend them to everyone. The information presented is often inaccurate and outdated. Zillow is notorious for their inaccurate home valuations, which can be up to 10% off depending on the home and the neighborhood.
So, what are better places to look for homes online? One of them is the MLS (multiple listing service), but you need access from your local Realtor and it is not so easily navigated. This is the most accurate source of homes on the market, but it may not be the easiest for you. The best option you have is to subscribe to expert advisory emails. These give you all the brand new listings, and the best homes are displayed right to you. To get started, you simply fill out a questionnaire about what type of properties you're looking for, and when similar homes pop up on the market, you're notified about it. It's very simple and accurate. If you need help looking for homes in Wexford, please don't hesitate to contact me. I'm always here to help you with your real estate needs!
Buyer agency has evolved greatly in our market over the last 20 years. In the past, you would call an agent that is listed on a for sale sign or an open house sign, and talk to them. They would get your contact information, and they would keep in touch if they found anything that matched what you were looking for. This process has evolved greatly.
Buyer agency in 2015 is all about working with expert advisors. I have a team of expert advisors who can offer you the best possible service on your home purchase. One of the services we offer is a buyer consultation, where we go through every single aspect of what you are looking for in a home. It's a great way to figure out what you want, and improve the way you find homes that are a good fit.
Another document we share with our buyers is the "buying process" flowchart that takes you from step to step in the transaction process, detailing everything along the way.
Finally, we also like to provide all our buyers with the top 10 buying tips for saving money, getting the best interest rate, and more. These tips are so important for a successful transaction, we want you to know about them all. After we provide you with these documents, we are going to get you set up with an advanced home search that takes into account all of the criteria you want in your home. When a home matching that criteria comes on the market, we can let you know right away with an email or call!
If you're thinking of buying and are interested in working with a team of expert advisors, give me a call or send me an email. I would love to help out!
