Expectations versus reality. In this video, I want to shed some light on a few things you should consider when buying or selling real estate.
If you’re buying in today’s market, we need to set proper expectations about getting your offer accepted. During a seller’s market, there are more prospective buyers than there are homes for sale. So the reality is that we may have to make adjustments to the terms in your offer in order to compete with other buyers.
On the other hand, if you’re selling, the expectation might be that you’ll put your home on the market and you could have one interested buyer. In reality, there’s a good chance that we may have a line of qualified buyers waiting at your door before the open house. This puts us in the driver’s seat to get you a price that you’re happy with and to negotiate favorable terms.
Lastly, there’s the expectation of time. The reality is that if you don’t have much time to move, you may need to agree with certain terms set forth by the other party or make an on-the-spot decision. If you do have time, you’ll have more flexibility to find a home that you’re satisfied with.
When all is said and done, buying or selling a home may end up being more stressful than you planned for. But it can be more rewarding than you could have imagined. If you’d like to learn more about what it takes to buy or sell a home, let’s get in touch! I look forward to hearing from you.
John D. Reyes
Mortgage Loan Originator, REALTOR®, Marketing Strategist
Direct: 909.917.5567
DRE #01719218 – Higher Realty
NMLS #2241612 – EZ Fundings Home Loans