Buyer in a Sellers Market Part 2

As a buyer in a sellers’ market, there can be a lot of pressure to act quickly, snatching up the
house you think you want for fear that you will lose it forever. How do you know that you’re not
moving TOO fast? Buying a house is a large commitment with equal financial risks. How can
you be sure that by moving fast you aren’t missing anything that you could have caught if you
had taken your time?

One Way is to Work with a Realtor®. A Realtor® is your advocate in the home buying process,
another set of eyes looking out for your interest and a guiding hand keeping you on the path
you want to be on. They have connections and access to information that isn’t available to you
without a real-estate license. They can walk you through the process beforehand, so once you’re
ready to make a decision you won’t waste time figuring out the process on your own.

Tour a lot of Houses. So, you’ve decided to buy a house? Go ahead and start looking at houses
now. Going to open houses is a great way to meet agents, maybe that’s how you’ll meet your
Realtor®. I know you’re not ready to buy one yet but seeing as many homes as you can help
you solidify what features you’re looking for in a house, what type of house you want,
what type of neighborhood or community you want to be a part of, what all of that realistically costs.

Be armed and ready for the Negotiation Process. So once you’ve found a home that you want,
make sure you have all your eggs in a row. Have an inspector ready! I cannot stress that enough,
the inspection is one of the key steps standing between you and potential disaster. Know how
much your willing to spend on the house, not just how much you’re willing to bid, how much
you willing to spend on fixing anything the inspector found that the seller is unwilling to fix,
things you may want renovated, furniture, etc.

Be Okay with the Idea of Losing a few Houses.  I understand you’re afraid of losing your dream
home, but it’s not the end of the world. Maybe the house you lost out on was a dream but if
you rush and skip important steps, such as inspections, your dream house could end up turning
into a nightmare. Understand that features can be built in, things can be renovated, there
are more properties out there, dreams can be made.

Delana Cotton servers the north east Atlanta region that includes Dacula, Winder, Lawrenceville, Buford, Snellville, Conyers and surrounding areas. Delana treats every transaction as if she were you, the buyer or seller. If you have a real estate transaction on the horizon, meet Delana for a no pressure chat over coffee.