It is a mystery to me in my real estate realm to understand how buyers' agents represent their clients in leading them on when home buying. There is no reason for this and being forthright and honest with how and with what contingencies one makes a house offer is essential.
Perhaps it is our hot RI real estate market that is making many agents soft in the head, I just do not understand it. How do you make a bona fide good home buy offer when you (9 comments)
There was an excellent article from Housing Wire identifying the struggles Millenials are having buying a home now and some of the reasons they can not. In North Kingstown, we are experiencing a housing shortage under $500,000 of right priced inventory...and just lacking it. Why is that? A number of reasons as I reach out to potential sellers that mirrors this dilemma that Millenials are experiencing. 1) Homeowners are just staying in their homes longer so home inventory is not turning over. Homeowners are 'happy' where they are and don't want to move.
There is something about a bit of financial wisdom that many home buyers do not learn early on in home buying. Buyers who think they know what they can afford in a home and do not see a mortgage lender are still plentiful. Why are you doing this to yourselves home buyers??
It is a travesty to your heart and soul...and of course your pocketbook to not know what level of mortgage you can afford on a mortgage with real estate taxes, water bills, sewer charges, homeowners insurance and maintenance costs. (17 comments)
Why Didn't You Use Me to Buy that Home. Sounds like a wild and crazy real estate agent doesn't it? But it's just a lead in to a very good real estate story of what being helpful to home buyers brings back to you. Actually I never berated the home buyer at all with those words but have heard them many times come out of people's mouths.
These particular buyers had a Connectivut buyer's agent long before they heard of me and read my Wickford RI blogs. But they decided to reach out to me as a local RI coastal real estate (12 comments)