What do you do when you work with new clients who are in shock about home prices in your area?
You have to
Discuss Options
and
What do you do when you work with new clients who are in shock about home prices in your area?
You have to
Discuss Options
and
Good morning Jack Lewitz ,
Communication is the key and plenty of data to show buyers the real estate market in the area they are looking. There are lots of options and you are in charge to explain them all and then develop a plan!
Our prices, and overbids, are sky high here and buyers are often in shock. I point out different types of housing, different locations, commute considerations, put them in touch with a great lender. I remind them of why real estate is so expensive here, and that for many of us, living "small" fits us well.
Depends on their price range, Jack. Hopefully their price is in the range whereas they can qualify for 100% financing. Then price doesn't matter as much.
Many 1st time buyers are surprised that they can't get a home for the price a friend did 2 years ago.
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