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Buying

Tag : Buying

How To Find All Of The Best Listings

Tanya LaRose 0 comments 01.11.2017

  1. Contact Your REALTOR® To Connect You Directly To The MLS® System – Instead of sifting through hundreds of listings, you can get all of the listings within your criteria automatically emailed to you. It is the ideal way to keep an eye on the market, becoming familiar with what to expect in in the different price ranges and value per neighborhood.
  2. Avoid Depending On Local Search Engines – The vast majority of local search engines do not carry all of the properties listed for sale. In order for a website to have access to all of the listings on MLS® they require authorization from the local real estate board.

(Note: www.tanyalarose.com is equipped with a complete IDX search engine for user access to all listings)

  1. Opt For National Search Engines – However you must be aware they do not reflect listing history. What appears to be a new listing may have been previously listed a number of times. Other details such as previous sales, amount of price changes, etc. are not accessible on these search engines either.
  2. Follow The Various Multi-Media Streams Of Your Favorite REALTOR® – An active agent will advertise all of their newest listings as soon as they hit the market, or sometimes even before they hit the market. Facebook, LinkedIn, and Google+, for example, are a great place to cherry-pick.
  3. Ask Your REALTOR® To Find A Specific Listing For You – Many great properties get sold before they ever make it to MLS® so be sure to have an industry insider looking for exclusive listings and back pocket listings on your behalf.

5 Ways To Win Big In A Buyer’s Market

Tanya LaRose 0 comments 01.08.2017

  1. Be Prepared – Attractive buyer’s hold the most power in any real estate transaction. These ideal buyer’s are pre-approved for a mortgage and have no other home to sell or have an accepted offer on their current home. By preparing accordingly, it increases your chances of getting the property you want on the terms you want.
  2. Be Watchful – Even in a down market, nice homes that are priced well do not last long. Your real estate agent can connect you to the MLS® system so that you will automatically receive new listings within a desired criteria. Receiving this information in real time will give you an upper hand over other competing buyer’s not utilizing an agent or this service. Combine this with a readily available real estate agent and you will secure your new home in no time!
  3. Be Informed – Before deciding on an amount to offer, you will want to know what other similar properties in the area have sold for so you are not overpaying. Real estate agents have such statistics at their fingertips, so be sure you discuss fair market value with your agent before submitting an offer.
  4. Be Strategic – Once you have found the property you would like to further pursue, find out how long it has been on the market and how many times it has been listed without selling in the last couple of years. This information is easily accessible to your real estate agent and is vital in negotiations.
  5. Be Creative – There is more than one way to increase monetary value in your real estate purchase than through price alone. If you are buying a house and the seller will not budge on price, your real estate agent can negotiate other inclusions such as a replacing old windows, re-shingling a roof, or improving another feature unique to the house. The implications of this negotiating technique can be tricky, so you will need to work closely with your real estate agent on this one.

For more information on how to successfully maneuver in a buyer’s market, contact Tanya LaRose with RE/MAX Saskatoon at 306-380-7325.

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Real Estate Etiquette: Buyer’s Edition

Tanya LaRose 0 comments 10.04.2016

  1. Know the difference between SHOPPING and HUNTING – Shopping is a pleasure, a hobby, a way to pass the time between other life obligations and this includes home shopping. Hunting is goal-driven and time-oriented. REALTORS® are hunting guides, not shopping partners.
  2. Use one REALTOR® only - Find a real estate agent that you like and be loyal to them. Don’t ask five different agents to show you five different houses. Not only are you wasting their time, but you are also sabotaging the results of your home search because none of these agents know your objectives so you will not be receiving effective assistance.
  3. Don’t ask to look at houses that don’t meet your criteria – You are wasting your agent’s time, the home owners time, the owner’s agent’s time, and your time.
  4. Accept your REALTORS® advice – If you have chosen a true professional, they are advising you with expertise they have accumulated from working day in and day out surrounded by all things real estate. It may not always make sense, or you may not like what you hear, but there are reasons behind every piece of advice.
  5. Don’t get mad if you are told something you weren’t expecting – You might have been approved for a mortgage much less than you were expecting or submitted an offer that was refused with no counter-offer, either way it’s not worth wasting energy being upset when you should be focused on getting the house you want.
  6. Be honest with yourself and others – Whether you have good credit, bad credit, are quitting your job, have a tendency to lose your temper, are bad with money management, changed your mind about what or when you want to buy, you need to communicate this with the people helping you buy a house (eg. Mortgage broker, REALTOR®, etc.)
  7. Don’t expect everyone to be on your timeline – There are deadlines on contracts, and there are other buyers looking at the same houses as you. When your REALTOR® tells you that time is of the essence, few things are more accurate in the real estate industry.
  8. Keep on schedule – If you request a showing, don’t cancel 20 minutes before, or not show up at all, unless it is a life threating emergency. The homeowner may be a mother of five who spent all day cleaning the house so you can look at it, so be respectful of other people’s efforts.