The pendulum has swung
back, now it's a buyer's market. There's more
sellers than buyers so the buyers have more control.Two years ago,
buyers would have given their "eye teeth" to have this market.
Not only can you buy low and eventually sell high, you can select your
location, you can pick your price, you can get repairs done by the
seller. You can afford beachside property if you wish or a cool
condo near the attractions.
How can a real estate agent help a buyer in this market?
First, you need to know the TRUE VALUE of the property
you're looking at. Buyers that have an
agent on their side are usually going to do much better at getting at the
real price. But price is only one of my negotiating points.
There's 11 more!
What about closing costs? What about repair costs? What
about pre-paid upgrades and buyer's bonuses? There's still 8 more
negotiating points!
I use a 12 point negotiating strategy, not just the sale price, closing
costs, repair costs or buyer's bonuses.
Real estate is a mature business steeped in
protocol and law. It is controlled by Federal, State and local
regulations. On top that, there are local contracts with features
that reflect the unique ambience of the location. Florida, for
example, has a history in real estate that has spawned their own operating
agreements that don't correspond to other states.
Knowing how to use those contracts and agreements is essential to
getting the best financial yield out of a real estate transaction.
Do yourself a favor, contact Richard Newquist FIRST.