EPISODE · Apr 26, 2021
Being a Buyer in a Seller’s Market
from Jonesboro Real Estate Video Blog with Eric Burch · host Eric Burch
Homebuyers should check these three items off their to-do lists. Buying a Jonesboro home? Get a Full Home Search Selling your Jonesboro home? Get a Free Home Price Evaluation If you’re a buyer in today’s crazy market, there are three things you need to do as soon as possible if you want to be ready:1. Get pre-qualified. If you’re financing your home purchase, you need to have a letter from a bank that says you’re approved to buy a house for X amount, or else sellers perceive your offer as being riskier to accept.2. Get proof of funds. If you’re paying in cash, be sure to provide proof of funds, and mention in your offer that you’re buying without any financing contingencies to put yourself in an even stronger position. "Make sure that the agent you choose has experience in this fast-paced market."3. Work with a superstar real estate agent (like me!). While people can go online to get information about the properties they’re interested in as well as whatever information the listing agent wants them to know, you can’t find out all the down-and-dirty stuff that goes on behind the scenes. There are many things about a property that you might need to know; a superstar agent will know to ask about the seller’s property disclosure, utilities, bills of insurance, HOA requirements, and so on. You also need to make sure that the agent you choose has experience in this fast-paced market. It’s important that they’ve been through the ups and downs of the market so they know how to adjust to shifting circumstances.Don’t hesitate to reach out to me for any questions you have or help you need. I’d be happy to help you navigate this market so that you can get a great deal on your next home and move on to a new stage in life.
What this episode covers
Homebuyers should check these three items off their to-do lists. Buying a Jonesboro home? Get a Full Home Search Selling your Jonesboro home? Get a Free Home Price Evaluation If you’re a buyer in today’s crazy market, there are three things you need to do as soon as possible if you want to be ready: 1. Get pre-qualified. If you’re financing your home purchase, you need to have a letter from a bank that says you’re approved to buy a house for X amount, or else sellers perceive your offer as being riskier to accept. 2. Get proof of funds. If you’re paying in cash, be sure to provide proof of funds, and mention in your offer that you’re buying without any financing contingencies to put yourself in an even stronger position. "Make sure that the agent you choose has experience in this fast-paced market." 3. Work with a superstar real estate agent (like me!). While people can go online to get information about the properties they’re interested in as well as whatever information the listing agent wants them to know, you can’t find out all the down-and-dirty stuff that goes on behind the scenes. There are many things about a property that you might need to know; a superstar agent will know to ask about the seller’s property disclosure, utilities, bills of insurance, HOA requirements, and so on. You also need to make sure that the agent you choose has experience in this fast-paced market. It’s important that they’ve been through the ups and downs of the market so they know how to adjust to shifting circumstances. Don’t hesitate to reach out to me for any questions you have or help you need. I’d be happy to help you navigate this market so that you can get a great deal on your next home and move on to a new stage in life.
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Being a Buyer in a Seller’s Market
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