I have been blessed to have several sharp new agents coming to work with me. Where do they their leads to start off? From my listings . Our prices for our current listings start at $123,900 and go to a million and everything in between . Now, I know, in many areas, there is no such thing as listings for $123,900, unless the home is crumbling apart. In central Ms., our housing values are extremely reasonable, compared to most other parts of the country.
The point is, these new agents will be able to satisfy most people's needs and budget, regardless of their situation. Now you have those people who are unrealistic . They want a 4/3 for $150,000. They simply need to be educated about what they can and can't buy. Sometimes you can ask people how they came up with that number and they say " I went online to a mortgage calculator and that is what I'm comfortable with" Mr. Buyer, online mortgage calculators are inaccurate . They are not intended to take the place of a mortgage professional. There are several factors (PMI for 1) that can't be figured you a mortgage calculator . Call a mortgage pro and get the real facts