How to be a Strong Charlotte NC Home Buyer
During a slow market, buyers have the biggest advantages of all. That’s why now is a great time to buy Charlotte NC homes. Haggle without feeling guilty because you have the upper hand; your seller is likely to have the upper hand upon their purchase. But, don't be 'smug' about it though--keep in mind that sellers have likely taken the advice of agents with market knowledge who have helped them position their homes on the market--WELL. As the market bounces back, you will have the added bonus of rising prices making your home worth more than it was when you bought it.
Even in this buyers’ market, you need to be a strong buyer. Otherwise, you could crumble when faced with negotiating prices or needed repairs. Three ways to be a strong buyer of Charlotte NC homes:
• Tour any home for sale with a set idea of the value of property in the area. This means taking a little time to do your homework. Your Realtor® knows the prices of the area, you can't be run over by a forceful seller who is determined to convince you his price is firm and fair market value. This knowledge also helps you deal with sellers who are emotionally attached to their homes and can't price them according to true market value.
• Tour homes for sale with an experienced Realtor® who has extensive knowledge of the community. When you have a professional Realtor® working for you, you are not alone. Your agent will do all your negotiating for you and will also benefit from their intimate knowledge of the area and what to look for in a Charlotte NC home.
• Tour any home for sale knowing your needs and price range in advance. Going home shopping without a clear concept of what you want and what you can afford, can lead to emotional decisions. That can be hazardous for your bank account too!
Be sure you’re pre-approved and armed with the confidence to know what you want and how much you’re willing and able to pay.
If you would like more tips on how to be a strong Charlotte NC home buyer, give me a call today at (704) 491-3310 or email me at Debe@DebeMaxwell.com
(THE best Charlotte home search available - no kidding!)
Debe Maxwell, CRS/Realtor®/Broker
Broker@TheCharlotteScoop.com
Phone (704) 491-3310
Debe, Thanks for the post. I agree buyers should have an idea of the prices in the area and work with an experienced agent.
Wonderful advice for serious home buyers. Sadly, many of our home owner listings, not foreclosures or Short Sales, are overpriced for the market and DOM just accumulates.
Still, there are always some good homes on the market for serious buyers. New homes are the best buys around here.
Absolutely Debe. They can look all they want but when it is time to negotiate, time to toughen up. Working with a local Realtor, like you in N.C. the Charlotte area, you prepare them for the move ahead.
Great post and so relevant. These are excellent times for a savvy buyer to get an greatvalue when purchasing. Still...the most sophisticated buyer needs the guidance of a competent and professional agent who is up to date. If I was moving to Charlotte I would call you! Have a great weekend!
Debe:
Anyone looking for a home in Charlotte needs to get in touch with you since you have the inside track as to exactly what prices are doing in the area. I like the way you brought those links together with all of your marketing reports. This information is crucial to buyers and they are fortunate to be able to have it all in once place like this.
Great post Debe that's true for any area. If you think you're going to get the best priced most sought after home at 'a steal' might have to think again.
Debe, what a great post. Your post outlines just how important it is to have a buyer's agent in your corner to help you make educated decisions while buying a home in this market.
Great Buyer advice Debe, especially the part 'don't be smug about it' that the property is probably priced properly for the market.
Good morning Debe,
As usual you have timely advice for buyers..anywhere! I'm sure your buyers respect your expertise and can feel confident in any purchase they make with you at the helm!
Great advice.."armed with confidence" not armed looking to steal a deal!
Debe, nice post, and great advice. interest rates are down again and this is a great time to buy. I like the point that sellers are working with knowledgable Realtors who know pricing. Many buyers are under the impression that sellers will accept extreme low ball offers....not gonna happen
Debe, great advice for buyers who might be a little gun shy. It is their market and they should take advantage of it.
Debe, as always you have some great information for clients / buyers here! Thanks! pippa
Debe, your post is 100% fitting to our market here in San Mateo County, CA. We're seeing multiple offers on properly priced listings, and some buyers don't get it. You explained it well.
Hi Debe,
Great post. I couldn't agree more! How have you been liking this weather we're having?
Great post Debe, this would be great ideas in any area. The buyers are looking for the great steal. They should first see what they qualify for, then go out and find an experienced agent in that area like you.
Great post Debbie. I'm still amazed at how many buyers still start looking without the pre-approval. It's sad to see them get disappointed when they fall in love with a house that they can't afford.
Great post Debe. Cearly you are a top agent...you should come to our Fearless Living Tour event on June 3rd in Charlotte.... www.fearlesslivingtour.com . I think you'd really enjoy meeting Dave Jenks and the presentation.
- John
All good advice. One also must insist on an appraisal even when paying cash.
Debe,
Good, refreshing diplomacy about being a tactful, yet savvy buyer.
Well done as always! I wrote one like this but not as GOOD!
Excellent advice for buyers to rely on the agent they are hiring to help them negotiate the world of home buying. A good agent is going to make sure that they are not overpaying for a property and protect them throughout the process.
Amen Sisiter! As Always... You give the greatest advice!
Debe, I think one key thing for buyers to avoid in this market is touring homes that are higher than they can afford with the thought that they can get it in their price range. More times than not the buyer falls in love with a house they cannot afford.