Navigating The Ups And Downs Of The Real Estate Market: The Value Of Using A Real Estate Agent When Buying A Home
Posted on: 14 September 2021
The real estate market is always changing. While current market conditions are definitely in favor of the seller due to low supply and high demand, there are many financial experts that are predicting a shift in the market that will produce more favorable conditions for buyers. Only time will tell whether these predictions will become reality; however, there is one fact that you can be sure of. No matter what the current market conditions are like when you choose to buy a home, using a real estate agent to help you complete this process will prove incredibly beneficial.
Make Sure You Have Access To The Latest Listings
Whether the current market conditions are in favor of the buyer or seller, you will need to make sure that you have access to the latest listings. This is so important because when your dream home does hit the market, you will want to make sure you get your bid in before another buyer does. When searching for a home on your own, you may not find out about a new listing for several days or even weeks after the home is on the market. This reduces the chance that you will be able to get first dibs at viewing the home and potentially making an offer. When choosing to work with a real estate agent, you will have the benefit of having access to all new listings as soon as they hit the market. If your agent sees a new listing for a home that matches your criteria, they will be able to reach out to you right away and schedule a viewing.
Take Advantage Of Insider Knowledge
There are few people more knowledgeable than a real estate agent when it comes to current market conditions. Not only will these agents be aware of what the current supply and demand looks like, but they will have insider information as well regarding what techniques are currently most effective when it comes to getting your offer accepted by a seller. For example, in today's market, all-cash offers, as well as waived contingencies, are among the most effective ways of gaining an edge over other potential buyers. Choosing to work with a real estate agent when buying a home will allow you to take advantage of this type of insider knowledge in order to improve your chances of successfully purchasing the home of your dreams.
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