BUYERS
- Know your budget. Instead of focusing on price, figure out how much you can afford as a monthly payment.
- Be flexible about home size and location. Perhaps your budget is sufficient for a small home in your perfect neighborhood, or a larger, newer home further out.
- Keep an eye on the market where you hope to buy. Determine the area's available inventory and price levels. Also, pay attention to how quickly homes sell.
- Don't be discouraged. Purchasing a home is one of the largest financial decisions you’ll ever make. Approaching the market confidently, armed with good information and grounded expectations will take you far. lifestyle.
SELLERS
- Research comparable home prices in your area. Sellers need to have the most up-to-date pricing intel on comparable homes selling in their market. Know the market competition and price the home competitively.
- Make sure your home is in top-notch shape. Homes need to be in great condition to compete and create a strong “online curb appeal.”
- Work with a local real estate agent. A real estate agent with a strong local marketing presence can offer significant value.
Don’t put off issues that require attention. Prepare the home by making any repairs or improvements.
