Homebuyers in the current real
estate market, whether in St. Louis, St. Charles County or beyond, are facing
more competition as low inventory of available homes for sale persists. Some
are getting discouraged at the amount of time and number of tries it can take
to find the right home for sale and get a contract accepted. But there is no
need to give up on the search for a new home. Working with an experienced Realtor and/or real
estate team can make the process easier and faster. That being said, if you are competing with
cash offers and buyers that are willing to waive all of their rights, your
agent will help you understand the possible dangers of those decisions.
Learn of Homes For Sale Quicker
Working with a Realtor that provides
information on new homes as they hit the market or that are coming soon to
market will give you an edge. Realtors, particularly at larger brokerages, know
of listings that have yet to hit the market. They also have access to local
multiple listing service systems that can often provide updates of homes for sale before
they hit the national websites. In a competitive market, this extra time may make
the difference in getting your offer submitted and accepted before others find
the listing.
A Resource for Community Information
When trying to find a new home in a
competitive market, the local area around a home of interest may seem less of a
concern than actually procuring the home. This is a good time to have a Realtor
in your pocket. Realtors know communities and often have information about the
local area like roads, other neighborhoods or commercial properties being built
nearby that may be of concern to the home buyer.
Experienced Real Estate Negotiator
When you find the home that’s “the
one” it can be easy to allow emotions to get involved in negotiations. Or, you
may lack the experience needed to ensure you position your offer to secure the
home. As a result, it may take longer to get a
deal finalized. Using an experienced Realtor to handle all negotiations will
more than likely get things done more efficiently and at a
better price than you probably could have negotiated yourself.
Help with Paperwork and Closing
Real estate transactions involve a
lot of paperwork and legal forms. If you try to handle this on your own,
mistakes could be made that prevent a transaction from being completed or
throwing your purchase into chaos at closing. By letting your Realtor take
charge of the paperwork and closing, a purchase can be done professionally and accurately. From making sure the title to the property
is clear to ensuring the lender has met all deadlines on financing, a Realtor will
help create a smoother, faster closing.
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Don’t just trust any Realtor; be sure you have an experienced Buyer’s Agent like those on The Boehmer Team to represent you. If you walk into a home for sale unrepresented and use the Realtor listing the home, their first duty is to their home seller. So contact The Boehmer Team to talk to our dedicated Buyer’s Agents or to get listing updates from our local MLS to see the type of homes you want as they hit the market in real time.
