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First, let me say, in real estate, the deals are always out
there, but finding them and being ready to act requires preparation and patience.
There are three basic steps you must go through.
1. Find a good Realtor and prepare yourself financially
and emotionally to act at a moment’s notice. While this may be
common sense, you’d be surprised to know how many purchasers lose houses
because they are not financially and emotionally prepared to act. The selection
of a good professional Realtor to assist in creating a ‘purchase profile’
can reconcile a wide variety of financial possibilities with likely ‘lifestyle’
objectives derived from such things as home, neighborhood and school needs.
2. Be patient. Once qualified financially, most buyers
want to move and, unfortunately, most Realtors want them to move also.
The Realtor’s motivation here isn’t simply to convert their efforts
into a next pay cheque. There is something to be said about the way one finds
‘good deals’. When a good deal makes it to the market, the availability
window is short and swift. Professional Realtors make their living being in
the loop of rapidly changing ownership factors and events. Defaults, problematic
corporate relocation, their own  networking
and of course new or ‘pending’ listing leads, are all ways Realtors
keep their finger on the pulse of property transactions. Through their many
networks of contacts and the occupational necessity of having to have a wide
angle peripheral vision of marketplace movements, Realtors know the deals when
they first peep, both how to find them and sometimes even how to creatively
activate them.
3. Stay in contact with your Realtor. Work
out a contract with your Realtor and keep an open and active line of communication
with her. If she has an assistant, help her by keeping in contact with the assistant.
Remember, your Realtor is out of the office working with and for all her clients.
A valuable assistant will be constantly keeping you informed. You will benefit
most by welcoming the service of the team approach rather than being insistent
on dealing only with one member of the team.
Other articles you may find interesting:
Complements of J.M. Edwards Real Estate www.jmedwards.com
*The articles published on this site undergo our review process. We found
the information in this article to be very useful and informative. The source
website does not necessarily reflect our website. We have linked to them for
your information only. |
