“Chasing” inexpensive properties for sale in search of a dream home can be like going around in circles.

By
Real Estate Broker/Owner with Richard Weisser Realty

“Chasing” inexpensive properties for sale in search of a dream home can like going around in circles.As a result of readily accessible information about property listings, many buyers like to search listings based on one criteria: PRICE

And we do have many value-priced properties for sale in Coweta County Georgia. And buyers want to see all of these properties in hopes of finding the “perfect” combination of price and livability.

The problem is that many, many buyers are looking for the same thing. And so the good properties sell very quickly. As a result the casual weekend property seeker is very unlikely to stumble upon the right house at the right price.

A good real estate agent can be an invaluable asset in overcoming this dilemma. We see new properties every day and can alert buyers when a “hot” one shows up on the market. It is no longer a matter of being in the “right place at the right time”

Finding the right house at the right price is not a lottery.

Rather it is a calculated strategy for getting an offer submitted on a great house before it is too late. 

Comments (15)

Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Richard. Right you are....a casual buyer has absolutely no chance of finding a great home at a good price. That is what we do.

Jan 14, 2012 12:44 AM
Connie Goodrich
Keller Williams Realty - McKinney, TX
CRS ABR (McKinney Realtor)Texas

The key is to have buyer clients who has been coached, are ready and understand the market.  It may take a lost opportunity for the reality of it is settle in, a lesson learned.  I find that when one favorite is snatched up before they will make decision then this experience becomes a great motivator on the next great home!  Then there are those clients moving from a distressed state that just don't believe me - it took 6 offers for one to get a clue.  Have a great weekend!

Jan 14, 2012 12:55 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Good morning Richard,

As my area has tightened up, the buyer's are going in with strong offers right from the get-go.  Very rarely do I have a "low-ball"  to present.  Once a buyer loses a home (or two) to that strategy, they don't let another one get away.

Jan 14, 2012 12:56 AM
Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

Richard, this post hits the nail right on the head. It is amazing that folks think they are saving something by doing the search themselves. Get serious and get Richard working for you. Have a great weekend.

Cal

Jan 14, 2012 01:16 AM
Cindy Edwards
RE/MAX Checkmate - Johnson City, TN
CRS, GRI, PMN - Northeast Tennessee - 423-677-6677

It really is important to have buyers who are educated.  i like what Connie wrote. (#2) Especially when you get into the lower end pricing, you get a decent home, you need to be pre-approved and ready to pounce.

Jan 14, 2012 01:17 AM
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS

Richard - great point. I have had buyers who think they have to see every house, even if it does not fit their criteria....

Jan 14, 2012 01:21 AM
Karen Crowson
Coldwell Banker Residential Brokerage - Rancho Bernardo, CA
Your Agent for Change
The buyers think they are unique with that quest. Every wants the best house at a bargain price. Buyers in my market are surprised to find there is often competition for those homes.
Jan 14, 2012 01:42 AM
Robin Dampier REALTOR®
Coldwell Banker King - Hendersonville, NC
Hendersonville & Western NC Real Estate Source

You are so right Richard.  The smart and informed Buyers have a real estate agent looking out for what they are looking for as new properties come on the market.  The really good and liveable properties don't stay on the market long.

Sue of Robin and Sue

Jan 14, 2012 02:09 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

An educated buyer is a successful buyer!  It always helps when buyers and sellers listen to a good Realtor®.

Jan 14, 2012 02:32 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

I think I need to forward this to one set of particular buyers I have...grrrr...no really!!

Jan 14, 2012 02:49 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

In my area, it is much harder to find that STEAL of a deal.  If you find what you like, you need to be prepared to do somethig reaasonable right away or it will be gone!

 

Jan 14, 2012 02:53 AM
Maria Morton
Platinum Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Richard, it sometimes takes the buyer losing a house they want to figure this one out.

Jan 14, 2012 03:15 AM
Tatyana Makarov
Coldwell Banker Residential Brokerage - South Windsor, CT
Your Greater Hartford Area Realtor

Hello Richard,

I couldn't of say it better myself...

Thanks for you post.

Tatyana.

Jan 14, 2012 02:34 PM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Richard,

Right house at the right price frequently goes to Realtors ;-)

Rich

Jan 14, 2012 02:43 PM
Gay E. Rosen
Julia B. Fee Sotheby's International Realty - Larchmont, NY
As Real as Real Estate Gets!

Richard - you are spot on. Everyone waits for the greatest house at the lowest price and then find flaws in every other home.. it should be about finding a great home in that price range..not settling but understanding that perfection does not exist and best to obtain a great house as opposed to the lowest priced house.

Jan 15, 2012 08:05 AM