Segment 2
The Best Way to Shop for Homes– New Buyer Alert
Barb, in the last segment we talked about how the list of available homes is very low, what are some of the best ways to shop for homes in this low inventory of homes environment?
Hire an agent that has only your interest in mind.
Buyers do not typically know how it works and just respond to who ever they connect with online.
Zillow does not Tell the public from our MLS that homes are under contract
very frustrating for buyers.
2 . Get your financing and down payment in order
3. Plan out when you will view homes, 2-4 appointments deep. Homes sell quickly!
Dan and Edie Story
Scheduled Thursday and set appointments to see 4 homes
Buy Friday night – 2 were sold!
Barb, Tell us about how competing offers shake out in this market now?
We have a cash investor that purchases buy and hold real estate up to $500K
They buy about 500 homes a year for their buy and hold investors
They buy in 55 real estate markets in the US
They pay price, sometimes over full price CASH for homes
That buyer is really tough to compete with because I have seen them bid over asking price and if the seller is worried about appraisals this seems to be the best deal.
But if you pre plan and have a great agent there is a WAY to beat even them.
Bear Tooth Story
Buyers-In-Waiting: NEW BUYER Alert!!!!!
Couple leaving California and moving back to Colorado Springs.
Up to $500,000
Criteria:
Well Maintained
Close to Children’s Hospital
Private Back Yard.
This is clearly a really busy real estate market and if people are thinking of selling their homes I would only recommend you…When we come back, we will be discussing:
Why the 2021 Real Estate Market will Soar Again?
