Here's The Street Sign Annapolis Area Homebuyers Are Seeing Most Frequently Nowadays. Here's How to Deal With It
I read a blog post today that said Internet searches for the phrase "houses for sale" were at their highest point in 2 years. The author thought this an encouraging sign: investors, he speculated, are poised to step in at what looks like the bottom of the market, soon to be followed by everyone else who has been waiting for a signal that it's the right time to buy.
Is he right? Are we bottomed out and about to experience a pent up homebuying rush?
I'm not sure, and I'm not sure anyone else is sure. But since we are out here in the trenches with actual homebuyers, we ARE sure of this: homebuyers are confused, overwhelmed by the negative news of the housing market and Wall Street bailouts. More than anything, buyers need to turn off the TV and seek the counsel of local, experienced professionals who can move them from fear and confusion to a sound, fact-based strategy for purchasing a home.
Putting Together a Team is a Homebuyer's First Order of Business
If you're considering purchasing - or selling - a home, do not wing it. To fully understand the ramifications of a real estate transaction, and to afford yourself all due protections, you need a team. First, seek the advice of a financial planner, preferably one with a strong real estate background. (We can arrange for a free consultation if you don't have one.)
Second, establish a relationship with an experienced Realtor who will work his or her tail off for you and give you 5-star representation. (That would be us, or another Realtor who has earned your loyalty.) Your Realtor can be a key person in helping you put together your team.
Lastly, only work with an experienced, professional lender who comes highly recommended from a trusted source. Realtors know better than anyone which lenders are the real pros.
That's the core of your team: Realtor, financial planner, lender. If putting together a team sounds like work, well, it is. But especially in this market, you can't afford not to. We have a saying at Keller Williams: Nobody succeeds alone. Those cowboy days are long gone, pardner.
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Posted by Ken Haedrich | Currently No Comments »
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