It's beginning to look like a new market. I won't go as far as say a "seller's market" because it is not. However, the Realtor Community in the Lower CT River Valley and the Greater Hartford area has seen a lack of inventory over the last 90 days and this means one thing -
homes priced well are going to MOVE QUICKLY.
As a buyer you need to be prepared and
take steps to get the house you want.
Top four things to do to be prepared: Take it from me that after hundreds of negotiations the buyers who had the following four items found greater success in the offer and negotiating process than those who didn't . They were also more likely to be on the winning side if there were multiple offers.
1. Get Pre-Qualified. I don't mean use an "on line" mortgage calculator. I mean sit down with a mortgage professional. There are so many factors that can effect your mortgage approval which you should know ahead of making an offer. This way you can make an offer with confidence.
2. Understand Buyer Agency. As a licensed Realtor I am bound by CT State Law & the National Association of Realtors' Code of Ethics to represent you in the highest form of Agency agreement. Expect complete professionalism and ethics as I negotiate on your behalf.
3. Be Tech Ready - Must have a smart phone which you can receive email with PDF's and MLS listings. Also must have a printer/scanner/copier...you will NOT know the value and importance of these tools until you are about to lose out on the house of your dreams because you don't have instant access to your e-mail or because you can't sign and send back important written agreements with you signature.
4. Be Honest - as your Buyer Agent I am bound to keep all conversations and personal information private. I need to know your thoughts, goals, and above all your objections in order to successfully negotiate on your behalf. Honesty is the best Policy!
Now lets go look at some houses!!!!
and always remember don't sign a thing until you consult with Jody Lynn, licensed Realtor.
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