BUYING A HOME

It's 2009, and the local market is being driven primarily by first-time buyers in the lower-tier price ranges. The $8000 federal tax credit is helping to bring those first time buyers to the market along with the correction that we have seen in pricing oer the past three years.

Most Buyers in today's market place appreciate the ability to sort through the possibilities available to them without being pressured by any Realtor to buy on the spot!! And eventually they need a Realtor to gain access to the houses that remain a possibility. But we are more than gatekeepers; we educate and inform buyers of what they can expect to experience through the buying process. I tell my Seller clients all the time that an educated "buyer" is ready to buy... The uneducated "buyer" is not a buyer at all...just getting ready! Home for sale

Buyers typically have plenty of time leading up to the actual purchase of their next house. Buyers are typically more educated to the actual values in the marketplace because their whole process can last up to six months or more! Access to the "inventory"(multiple Listing Service, or MLS)... addresses included, is valuable to potential buyers at the beginning of their process. In this early stage, it might be more appropriate to say that you are a "looker", moving toward becoming a "buyer". At this stage, the consumer will often pass by many homes that would have served their needs. But they are still getting educated. Some buyers will throw exaggerated "low ball" offers at sellers in this stage. If they can find a "deal" they would take it...

The Buyer Agent will also educate the client to the various inspections and contingencies which will protect the buyer from obvious problems that might accompany a purchase. Education and communication are the keys to a smooth transaction.