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Truths About Today's Marketplace That Will Help Any Buyer

By
Real Estate Agent with Keller Williams Realty Chesterfield

Ranch Style HomeHas the home buying process become a real hassle for you? Are you about ready to throw up your hands and say "Forget about it"? Have you placed offer to seller's and they don't accept your offer? Can't seem to find the "PERFECT" home?  Haven't seen all of the inventory in the marketplace yet? Well maybe I can help!! Become a realistic buyer in today's marketplace.


In working with home-buyers on a regular basis I have come up with a list that may help you in your home search.
  1. There is no "PERFECT" home......When you find a house/property that is consistent with your top priorities consider writing an offer. Seldom does a buyer find a property that has more than 85% of what they want/need. Make a list of your "NEEDS" and then make a list of the things that you "WANT" in a home. Then begin your search for those things you need and some of the wants will possibly come along with the home.
  2. The popular properties that are priced right go very quickly. The early buyer gets the home that you may want. Hesitating after you see a home that "MAY" work because it meets 80% of your need/want list could cause you to miss out on a GREAT home at a really good price.  Be ready to move when you find that home.
  3. Package yourself and your offer so that both look good to a seller. You may be in competition with one or more buyers for the same property. Get your pre-approval letter from your lender so it can accompany your offer to the seller.  If you do not have that today contact your lender and get one so you can give it to your Realtor so they have it handy when the time comes.
  4. The home buying process is complex, so consider using professional service providers such as a real estate agent, attorney, building inspectors, etc....
  5. If value and price are important to you have a Competitive Market Analysis (CMA) done on the property BEFORE submitting your offer on a property.  Your real estate agent will do this for you.
  6. Don't be surprised if and when you get buyer's remorse....an uneasy feeling about your buying decision. Many people question their decision to purchase at some time during the process. Talk to your real estate professional they can help ease the uneasiness.
If you are looking to purchase a new or existing home in the very near future give Don Rogers CDPE, GRI a call today at 636-229-8865 and lets get the process started so YOU won't miss out on YOUR perfect home. I can help you be a more realistic buyer in today's marketplace.
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Don Rogers is a licensed REALTOR® in Missouri.  I specialize in St. Charles County Missouri and have called O Fallon MO my home since 1993.  If you are looking to buy or sell or you are relocating to the area and would like information about the St Charles County MO area do not hesitate to give me a call at 314-954-6775 or if you would prefer to send me an email.

 

Comments(7)

Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

Common sense, common advise that is commonly ignored!

Sep 19, 2012 06:13 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Than,

You are so right but we need to keep putting the word out there in hopes someday the buyers will get the message.  Thank you for dropping by and reading my post.

Sep 19, 2012 06:27 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

WHAT??? NO PERFECT HOME!  I wish someone had told me this years ago.

Great to see you back my friend!

Sep 19, 2012 07:36 AM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Don.  Great to see you back in the rain.  Common sense is not so common.

Sep 19, 2012 09:02 PM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Now Bill you of all people should have know that.  What about that ice fishing house without a heater in it??

Sep 19, 2012 09:35 PM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Good morning Conrad,

All I have to do now is stay on the bike and keep riding huh?

Sep 19, 2012 09:36 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Sounds like a life lesson Don:)  Good luck.

Sep 21, 2012 09:20 AM