You can find "experts" in real estate, but what and how much do they really know? These are, after all, the exact same experts that presided over the recent real estate crash. Read on to find some useful tips to help you navigate real estate and be a savvy buyer.
If you sell a home to a client, don't lose touch. Contacting customers on each anniversary of the day they bought the home and during holidays allows you to stay in touch without seeming intrusive. Your former clients will be glad to hear from you and remember the real estate help you gave them. Remind them that all of your work comes from referrals, so you would appreciate their help.
If you have or are planning on having kids, you should look at homes that will have enough room for your family. Think about safety too. A swimming pool or stairs present a major risk for small children. Purchasing a house from a family who has already raised children can guarantee the house is safe.
When considering the purchase of a new home, it's very important that you look at the long-term and not just the short-term. If you are planning to stay in the house you are purchasing for several years, you should consider the location of the house in relation to your preferred school district in case you decide to have children.
Be flexible in making decisions. Perhaps you can't afford your dream house in your dream community, but maybe you can afford to have one if you give up the other. If you cannot afford a home in the neighborhood of your choosing, take time to check if there any homes within your budget available. You may be surprised by what you nearly passed up!
Now is the perfect time to start investing in real estate. Property values at this time are lower than they have been in decades. Apartment-dwellers should head over to the real estate agent's office, and see about buying a new home. If you keep your property long enough, you are sure to gain a profit.
Make an offer only after researching the comparable home sales in the area, the condition of the home and how long the house has been on the market. You can work with the seller to try to determine a final price that is agreeable to both of you.
You can request that the seller help out with closing costs or sweeten the deal with other financial incentives when you make your offer on the house you have in mind. For example, it may be to your advantage to ask for an interest rate "buy down." However, be aware that a seller is usually less inclined to reduce the selling price if financial incentives are included in the offer.
Real Estate Agent
Decide in advance what you plan to ask a potential real estate agent. Ask them about their techniques and the kind of results they usually get, and how familiar they are with the area you are looking at. The real estate agent should be ready to answer any of your inquiries in a professional way.
Take all the "expert advice" you read online with a grain of salt. If they knew so much, why did the market collapse in the first place? Avoid people who act like they know everything. So use what you've learned here to stay a step ahead of the marketplace and to always find the best deals on property.