Posted by Steven Sawyer on 2/24/2019

As a homebuyer, you may want to consider the seller's perspective before you submit an offer to purchase your dream house. That way, you can boost the likelihood of receiving an instant "Yes" to your homebuying proposal.

Now, let's take a look at three tips to help you analyze the seller's perspective.

1. Review the Prices of Comparable Homes

Once you find your dream home, you may want to take a look at the prices of comparable residences in the same city or town. This housing market data can help you narrow the price range for houses in a particular area.

With insights into the prices of houses that are similar to your dream home, you can put together a data-driven offer to purchase. Perhaps best of all, you can avoid the risk of submitting a "lowball" homebuying proposal that misses the mark with a home seller.

2. Assess the Housing Market

The current state of the housing market may have far-flung effects on how much you should offer to pay for a residence.

For instance, in a buyer's market, there is an abundance of available houses and a shortage of buyers. This often means buyers can browse dozens of outstanding houses and won't necessarily face steep competition to acquire the right residence at the right price.

On the other hand, a seller's market favors sellers. It generally features an abundance of buyers and a shortage of top-notch residences. Therefore, if you're searching for a home in a seller's market, you may need to submit a competitive offer to purchase to secure your dream house.

Review the housing market closely so you can differentiate a buyer's market from a seller's market. If you find houses are selling quickly at or above sellers' initial asking prices, you likely are operating in a seller's market. Or, if you find houses linger on the real estate market for many weeks or months and sell at or below sellers' initial asking prices, you may be working in a buyer's market.

3. Collaborate with a Real Estate Agent

A real estate agent is a homebuying expert who can provide you with housing market insights that you may struggle to obtain elsewhere. Plus, he or she can help you evaluate the seller's perspective so you can submit a competitive offer to purchase the home of your choice.

Let's not forget about the assistance that a real estate agent provides throughout the property buying journey, either. A real estate agent can help you hone your home search and find your ideal residence in no time at all. Furthermore, if you have concerns or questions at any point during the homebuying journey, a real estate agent is ready to address them.

Want to purchase your dream house at a price that matches your budget? Consider the seller's perspective – you'll be glad you did. If you review the seller's perspective, you can craft a competitive homebuying proposal and move closer to acquiring your ideal house at a budget-friendly price.




Categories: Buying a Home   buying tips  


Posted by Steven Sawyer on 12/9/2018

Ready to kick off your search for the perfect house? You may need to find an expert real estate agent first. By doing so, you can streamline the homebuying process and discover a house that meets or exceeds your expectations.

However, selecting a real estate agent can be tricky, especially for first-time homebuyers. And if you make the incorrect choice, the risk increases that you may encounter problems as you conduct your search for the ideal residence.

We're here to take the guesswork out of finding the right real estate agent to guide you along the homebuying journey.

Now, let's take a look at four questions that every homebuyer needs to ask a real estate agent.

1. What is your real estate experience?

Learn about a real estate agent's housing market experience – you'll be glad you did. With this information at your disposal, you can find out how a real estate professional has helped past homebuyers achieve their goals.

Also, ask a real estate agent about how he or she deals with homebuying challenges. This will enable you to find out whether a real estate agent can help homebuyers through tough times, or if a real estate professional struggles when he or she is faced with homebuying hurdles.

2. How do you communicate with clients?

As a homebuyer, it is essential to find a real estate agent who is readily available. This real estate professional will keep in touch with you at each stage of the homebuying journey and ensure you can make informed decisions along the way.

A real estate agent who prioritizes communication will keep you informed about open houses and new residences as they reach the housing market. As such, this real estate agent may help you accelerate the process of going from homebuyer to homeowner.

3. Can you provide client references?

Typically, an experienced real estate agent will be able to provide client references at any time. If you get in touch with these references, you can gain firsthand insights into what it might be like if you select a particular real estate agent.

If a real estate agent cannot provide client references, this is a surefire red flag. In this scenario, you may want to consider other real estate agents who have proven they know how to deal with potential roadblocks on the homebuying journey.

4. Why should I hire you?

When it comes to finding the right real estate agent, it is important to understand how a real estate professional stands out from the crowd. By asking a real estate agent why you should hire him or her, you're sure to receive a unique response that gives you a better idea about what this real estate professional is all about.

Spend some time reviewing multiple real estate agents in your city and town. And if you use the aforementioned questions, you can boost your chances of hiring a real estate agent who can help you discover your dream residence quickly and effortlessly.




Categories: Buying a Home   buying tips  


Posted by Steven Sawyer on 12/2/2018

Buying a home is a life-changing event. As such, the decision to purchase a residence should not be taken lightly.

For homebuyers, it is paramount to get as much help as possible so you can discover a terrific house at a price that matches your budget. With support from an expert real estate agent, you should have no trouble acquiring a residence that meets or surpasses your expectations.

But what does it take to find the right real estate agent to assist you during your search for the perfect home? Here are three tips that every homebuyer needs to know.

1. Ask Family Members and Friends for Guidance

If a family member or friend recently bought a home, he or she may be able to provide real estate agent recommendations. Family members and friends are trusted sources, and their real estate agent recommendations may help you speed up the process of finding your dream house.

Your neighbors also may be able to real estate agent suggestions. They should be able to provide details about what it was like to work with a particular real estate agent so you can plan accordingly.

Of course, you should still perform plenty of research into a real estate professional's background and expertise before you hire this individual. Be diligent during your search for a real estate agent, and you can employ a real estate professional who will go the extra mile to help you discover a great house.

2. Search the Web

A simple web search of a real estate agent's name may enable you to learn a lot about this individual. In fact, a web search often provides a great way to find out about local real estate agents quickly.

Although a web search may help you examine a variety of real estate agents in your city or town, it is essential to fully evaluate a real estate professional's credentials.

If possible, search for client feedback about a real estate agent. This may help you determine whether to move forward with a particular real estate agent or shy away from this housing market professional altogether.

3. Meet Directly with Several Real Estate Agents

When it comes to finding the right real estate agent, nothing beats a one-on-one meeting.

Set up meetings with several local real estate agents. By doing so, you can get a better idea about whether a real estate agent can help you accomplish your homebuying goals.

It often helps to make a list of questions to ask a real estate agent before you meet with him or her. That way, you can gain the insights you need to make an informed decision.

If you feel comfortable with a real estate agent after a face-to-face meeting, don't hesitate to hire this professional. Remember, the sooner you start working with an expert real estate agent, the sooner you may be able to purchase your dream house.

Use these tips, and you can hire a first-rate real estate agent to guide you along the homebuying journey.




Categories: Buying a Home   buying tips  


Posted by Steven Sawyer on 10/28/2018

There is no one-size-fits-all plan to find and purchase a home. In some instances, a buyer instantly discovers a great residence at a budget-friendly price. Or, in other cases, it may take a buyer many weeks or months to find the perfect house.

Although the homebuying journey varies from person to person, there are several things that a buyer can do to simplify the property buying cycle. Now, let's take a look at three tips to help you quickly and effortlessly find your ideal residence.

1. Establish Homebuying Expectations

As a homebuyer, it is important not to get too high or too low during the property buying journey. If you establish realistic homebuying expectations, you should have a good idea about what to anticipate as you search for your dream house.

Oftentimes, it helps to put together homebuying criteria. Think about where you want to find your dream house, as well as the home features you want. With this information at your disposal, you can narrow your home search and accelerate the property buying journey.

2. Create a Homebuying Budget

Like most homebuyers, you probably have only a finite amount of money to spend on a new house. Fortunately, if you get pre-approved for a mortgage, you can enter the housing market with a budget in hand.

Banks and credit unions are happy to teach you about different types of mortgages. These financial institutions can provide insights into adjustable- and fixed-rate mortgage options and offer details about mortgage terms. Then, once you review all of your mortgage options, you can select a mortgage that complements your financial situation.

3. Hire a Real Estate Agent

You may want to pursue a house on your own, but this approach may prove to be problematic. A homebuyer who conducts a home search without expert assistance may miss out on the opportunity to find and buy a terrific house at an affordable price. Perhaps even worse, without housing market guidance, a buyer may wind up overpaying for a residence that fails to match his or her expectations.

If you want to achieve the optimal results during your quest for your ideal residence, you should hire a real estate agent. This housing market professional is ready to guide you along the homebuying journey and help you make informed property buying decisions.

A real estate agent will go the extra mile to make the homebuying cycle as simple as possible. He or she will teach you about the real estate market, learn about your homebuying goals and help you hone your house search. Plus, a real estate agent will keep you up to date about residences that fall within your price range and are located in your preferred cities and towns. And if you find a house that you want to buy, a real estate agent will help you craft a competitive offer to purchase this home.

Simplify the homebuying journey – use the aforementioned tips, and you'll be better equipped than ever before to enjoy a quick, stress-free property buying experience.




Categories: Buying a Home   buying tips  


Posted by Steven Sawyer on 6/24/2018

When everything is online, it’s hard to discern when getting up, leaving the house, and checking out a home can be helpful. There’s so much information regarding real estate online; you probably want to pick and choose when and where you go to see a home. Even if you’re nowhere near being able to buy a home, you may want to check out open houses to help you in the future.


Looking at real estate is fun. You can dream of living in a neighborhood on the street you may never be able to afford. There are many advantages to checking out open houses. 


You’ll Understand How Far Your Dollar Will Stretch


The type of home that you can afford, and the type of home you want may not be in the same ballpark. If you take a look at different open houses, you may be able to see where your budget takes you. Even if the market changes, you’ll be able to match your expectations with your wallet. As you know what’s out there, you’ll be able to hone in on what you want in a home. 


From here, it will be easier to work with a real estate agent because you’ll be able to give them a better idea of what you want when the time does come to buy a home. 


It Will Be Easier To Hire An Agent


As you go to open houses, you’ll meet more real estate agents. These agents can become potential hires once you do get more serious about buying.


You’ll See The Market Firsthand


Besides understanding how much house you can get for your dollar, you’ll be able to get an idea of how many buyers are actually out there. If you’re seeing many other potential buyers at open houses, you may be facing quite a bit of competition when you head out to buy a home of your own. When the competition is high, you’re looking at offering above asking price for houses. You could even get into bidding wars. A lot of other buyers doesn’t mean you should back out of buying a home altogether, but just enter the market with caution. 


You Can Discover New Areas


By exploring open houses, you may find a neighborhood that you love that wasn’t on your list before. How can you get to know an area if you have never spent time there before? 


You’ll Learn Where You Need To Compromise


By looking at different houses, you can see the potential (or lack thereof) in many homes. If you can see where you’d be willing to compromise long before the home search is on, your search will be that much smoother   





Categories: Buying a Home   buying tips