Thursday, May 6, 2010

What is the best way to find a home in today's market?

We get this question a lot, buyers on the search to buy a new home, but they are unsure of the "right" way!  I am sure there are many answers to that question, and honestly there is no RIGHT way... but there is a way that will give you the best opportunity you can have.

Here are a few steps that will help.

1.  Find a local agent.  Let me explain.  In every market there are going to be agents outside the town you are looking in that will want to represent you.  You need to find an agent that knows the market, lives in that town, understands the way the other local agents work, and someone who is out for your best interest.  An agent from another town will not know all the ins and outs they need to represent you fully.  
It is VERY important that you do find an agent.  It is not to your advantage to just drive around and call on the signs.  By having your own agent they will find you everything available on the market in the criteria you give them.  Your agent is not out to waste your time, or theirs. 
2.  Make sure you TRUST your agent.  This is very important... the last thing you want in the back of your mind while you are trying to find a home for your family or a home to invest your money in is wondering if your agent is on YOUR side or the opposite. In today's market in the Antelope Valley, the chances are that you will make one or more offers on a house before you get one accepted.  This is very challenging for you and your agent.  If you have trust in your agent then you will know that she or he is doing everything possible to get YOUR offer accepted.  If you do not trust them and you do not get your offer accepted chances are you will want to blame your agent.  We are living in a very challenging market, and your agent can not MAKE your offer be accepted, we are dealing with banks more often than actual home owners.
3.  Keep your communication with your agent open.  During the process of finding your home your mind may change on several things....  your agent can not read your mind if you do not tell them.  Let your agent know what you are thinking so they can help you get exactly what you want.

Those are few tips in finding a home for you in Today's challenging market.  Here is one last bit of advice for you.  As a buyer, you are not paying your agent, your agent is paid by the seller, no matter what home you choose.  Your agent is NOT swayed by money when it comes to finding you the right home, I believe this is an awful rumor that has spread around throughout the Real Estate Industry.  

Last of all... Good luck!

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