Buying a House When the Market is Against You

Published On August 9, 2018 | By Mary Carlisle | Real Estate

Trying to time the real estate market is like trying to predict when the next hurricane will make landfall in any city. The only way you can be certain you are getting the best deal when buying a house in any market is to have a skilled real estate agent working with you each step of the way. These are a few of the ways agents who handle Real Estate in Kew can help you find and close on that house you want to purchase. 

Bidding on a House Without Emotion 

It doesn’t matter if you are trying to buy a house in a seller’s or buyer’s market, there is going to come a time when you will have to negotiate with the homeowner about their asking price. The reason that you want a realty agent in your corner is that they have negotiating skills they can utilize without emotionally involved. Whether you are desperate or frustrated, irrational buying decisions could cause you to lose the house. Your realtor will have a level head and negotiate calmly to get a signed contract. This is a business transaction, and your agent is going to approach it in a way that appeals to the seller that way. 

Getting the Seller to Make Any Repairs Before the Sale 

One of the hardest parts of buying a house without the help of a real estate agent is requesting repairs. The house might be perfect except for a few glaring repairs, yet the buyer asks for too much at the wrong time and insults the seller. Demanding these repairs be made before an offer is considered is not the way to get a seller to hand over the keys to their house. Your realtor understands this is a delicate dance and will approach the seller either after the inspection or after a relationship of sorts has been developed. 

Close Network of Local Real Estate Agents 

When it comes to finding the house of your dreams, you want a real estate agent who has some experience. When your realtor has close relationships with other real estate agents, it means they share information all the time. This means that if a realtor is about to list a house and knows your realtor has a buyer looking for that type house, they communicate before the listing is even an hour old, and get a jump on all the foot traffic that will be coming. In many cases, this relationship can bear fruit in the way you find your dream house long before anyone has the chance to make an offer. 

With the help of a skilled local realtor, you have a much better chance of finding and getting your offer accepted. There are just too many variables in play when it comes to real estate. One mistake has the potential to kill the sale if you aren’t working with an agent who can anticipate troubles before they have the chance to kill the sale.

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