1. Become a pre-approved buyer. As a pre-approved buyer, you have better leverage when it comes to negotiating with the seller. The pre-approval process is simple and will help show sellers that you are a serious buyer.
2. Beat your competition to the best listings. Staying on top of market trends is vital when you’re looking for a home. Like any other homebuyer, you want the best home at the best price possible. Of course, these are the homes that never stick around for too long so you’ll need to make every effort to keep yourself aware of the latest and best listings. Seeking the assistance of a professional Buyer Specialist will help you stay well-informed and updated on a regular basis.
3. Research market trends in your area of interest. Familiarizing yourself with the area that you are interested in will help you get a better idea of what homes are selling for as well as how long they are typically on the market. Be sure to investigate price ranges for the type of home you want. Having the help of a Buyer Specialist is a serious advantage when it comes time to make an offer.
4. Prove that you are a serious buyer. There are many different ways to prove to the seller that you are sincerely interested in buying their home. One way is by getting pre-approved, which will later give you the edge in an offer situation. An even better way to accomplish this is to put down a larger payment to catch the attention of the seller.
5. Don’t settle too fast. Buying a home might be one of the largest investments of your lifetime. Because of this, your primary goal should be to make sure that you get the best deal possible for the home you are interested in. A Buyer Specialist can help you make a sound decision when it comes to accepting an offer.
6. Keep your offer simple. The offer process should be kept simple and without any unnecessary conditions, especially repairs. A seller will be more interested in an offer that is not going to be slowed down or delayed by things that do not severely affect the value of the home.
7. Don’t go it alone. With an ever changing market, today’s homebuyers will find it very difficult to go through the buying process on their own. Having an experienced Buyer Specialist who can keep your best interests in mind, makes a significant impact when buying a home and maximizing your investments.
8. Buyer Representation is a service we offer. With the exclusive ABR Designation, Accredited Buyer Representative, Michael and his Team are available to assist you in your home search and provide useful insight as to market trends and neighborhood information. Not just about homes on the market, but about schools, neighborhoods, pending construction or commercial growth, planned traffic flow changes, the local economy and more. Let us represent you as a buyer’s agent and assist you in locating the perfect home while keeping your best interests foremost throughout the entire transaction. For more information on buyer brokerage representation, visit: www.newyorkbuyersbroker.com.