Oct. 16, 2017

Thinking of Selling? You Should Do It TODAY!!

That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY!

In a recent article by CBS News, they explained that the number of existing home sales is shrinking, and Lawrence Yun, Chief Economist for the National Association of Realtors, said:

“There should be 3 million homes on the market right now…Yet, there are only 1.9 million.”

And this situation will be affected greatly by recent natural disasters. Yun continued by saying:

“Before the hurricanes I would have predicted 1.35 million in new-home construction in 2018…I’ll have to scale that down now.”

NAR, in their August 2017 Realtors® Confidence Index, indicated that:

“Amid sustained job creation and sustained historically low mortgage rates, REALTORS® reported…that buyer demand is stronger compared to conditions one year ago… and that fifty percent of properties were on the market for less than one month when sold.”

The only challenge to today’s market is a severe lack of inventory. A balanced market would have a full six-month supply of homes for sale. Currently, there is only a 4.2-month supply of inventory, which is down from 4.5 months one year ago.

Bottom Line

With demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Contact a local real estate professional today to see if that is the case in your neighborhood.

Posted in The Market
Oct. 3, 2017

Picking Your Perfect Long Island Neighborhood

 

With over 400 miles of beach coastline, beautiful natural parks, and thriving nightlife, Long Island is the perfect destination for young families. This region is home to magnificent castles, historic buildings, and mansions. Its beaches are famous all over the world for their long stretches of sand and clean waters. Long Island also features lots of zoos, parks, sports facilities, and shopping outlets. 

A growing number of young families have moved to Long Island over the past couple of decades. Areas like New Hyde Park, Long Beach, Oyster Bay, and the Hamptons quickly became the centers of the Island’s social scene. Here are some of the best neighborhoods for young families in Long Island:



Bellmore

 

Bellmore is a preferred destination for young families looking to start a new life in Long Island. Bellmore serves as a suburb of New York City on Long Island. Penn Station in Manhattan is typically a 45-minute direct ride on the Long Island Rail Road's Babylon branch. "The Bellmores" are subdivided into Bellmore (population 16,000) and N. Bellmore (population 20,000). The Bellmore area has an approximate population of 36,000 at this time.



Long Beach



With miles of sprawling sands and breathtaking views of the ocean, Long Beach attracts thousands of homebuyers every year. This beach community went from being a summer resort to a residential area. Those who live here have access to a large number of parks, schools, gyms, and recreational activities. The Department of Youth and Family Services provides residents with licensed child care, employment, and adventure camps for kids. 



Patchogue



Home prices in Patchogue are affordable compared to the rest of Long Island. This community is a great place to live, work, and raise a family. Patchogue boasts hundreds of restaurants and cafes, fitness centers, educational institutions, cultural venues, and historic sites. The low cost of living attracts many young families and first-time homebuyers.


Massapequa



Surrounded by beach and natural parks, Massapequa real estate offers lots of recreational activities for children and young people. It is one of the best neighborhoods for young families on the south shore of Long Island. The community has a total population of 21,685 and covers 10.4 square kilometers. Massapequa features six elementary schools and a several high schools. There are also numerous bars, delis, pubs, and great pizzerias.



Brookville


Brookville is a small community located in Nassau County. Residents have access to a large number of schools and government services. This place offers the best of both worlds for those who enjoy living in a picturesque village while having quick access to shopping outlets, restaurants, and major highways. There are numerous historic sites and cultural attractions in the area, including the Hillwood Art Museum and the Tilles Center for the Performing Arts.

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Posted in Lifestyles
Oct. 3, 2017

5 Reasons To Sell This Fall

5 Reasons to Sell This Fall | MyKCM

Here are five reasons listing your home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal housing market.

This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was six, but that number has jumped to an average of almost nine years since 2008. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 43 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move-up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 5.0% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

5. It’s Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

If you are looking to sell your home, start with a free home evaluation by The Flynn Team today!

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Posted in The Market
Sept. 28, 2017

How to Get the Most Money from the Sale of Your Home

How to Get the Most Money from the Sale of Your Home | MyKCM

 

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensure that you get the highest price possible.

1. Price it a LITTLE LOW 

This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

How to Get the Most Money from the Sale of Your Home | MyKCM

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price, but will instead have multiple buyers fighting with each other over the house.

Realtor.com gives this advice:

“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”

2. Use a Real Estate Professional

This, too, may seem counterintuitive. The seller may think they would make more money if they didn’t have to pay a real estate commission. With this being said, studies have shown that homes typically sell for more money when handled by a real estate professional.

A new study by Collateral Analytics, reveals that FSBOs don’t actually save any money, and in some cases may be costing themselves more, by not listing with an agent.

In the study, they analyzed home sales in a variety of markets in 2016 and the first half of 2017. The data showed that:

“FSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.”

The results of the study showed that the differential in selling prices for FSBOs when compared to MLS sales of similar properties is about 5.5%. Sales in 2017 suggest the average price was near 6% lower for FSBO sales of similar properties.

Bottom Line

Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the price you get for your house.

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Posted in The Market
Sept. 1, 2017

4 Changes to Real Estate after Labor Day

 

 

 

 

While many people think the unofficial start of the fall season means the real estate market shuts down for hibernation, Labor Day marks a great time for home buyers to start the leg work that goes into finding the right house at the right time.

 

1.Fall can be a strong buyer’s market.

 

Taking advantage of the change of market/season means there are fewer buyers on the hunt this time of year, which means less competition. This gives your Realtor more room to negotiate purchase prices for you, especially in September and October.

 

2. Home sellers drop prices in fall

 

Summer can be a hot selling season. But not everything sells. The serious sellers who are aware of the market change after Labor Day will consider price reductions at this time. For a buyer who is ready to make an offer, fall is a good time to make put something in writing.

 

3. Fall buyers don’t often have deadlines

 

A major influence on timeline for many home seekers is the school year. It is imperative that they close and are physically in a house by September. But for others there is no rush. There is time to put in offers, negotiate prices and terms, finalize closings with ease, and all around find a good deal. If you would rather wait for the best value for your hard-earned money, you can wait.

 

4. Buyers are back to their normal routine

 

It isn't just teachers whose work/life routine changes in the summer season. Most people relish the opportunity to kick back a little more during the summer months and this can throw off the schedules of buyers, sellers and the real estate professionals who serve them. With the “return to normalcy” that the fall season often provides, buyers can be expected to be more disciplined in their home search, and there is less likelihood of hearing that a preferred home inspector, lawyer or loan officer is taking a vacation during a critical point in the deal making process (Realtors never take vacations ;)

 

 

Find your AGENT

 

A truly good agent can help you shop around to get the best price and having a professional guiding you through a process they understand well can make your life a lot easier. The Flynn Team can streamline your first home purchase, providing step by step advice before the house hunt even begins.

Call us today! (516) 294-7292

 

 

Posted in Lifestyles
July 27, 2017

This Could Be The Perfect Time To Buy Your Dream Home

 


 

Over-dramatic headlines bashing the housing market--both its options and affordability--can make it hard to get excited about buying a house. In fact, it can feel flat out disheartening. The decision to buy a home is a big one and you should feel excited and confident about it, not anxious and uneasy. Here’s the good news;

 

 It's a great time to buy a home.

 

Take the right approach by following these steps.

 

Know your numbers

Check the bank

How much have you saved for a down payment? Generally, you should expect to provide a 20% down payment on the purchase price and around 1% should be set aside for closing costs. For example if a house is $500K, 20% is $100K.

 Image result for girl at bank

Yep, $100,000. Start saving.

 

Check your credit score

That’s where lenders will look first. A higher score is more likely to get you a higher loan and a lower interest rate. Lenders will also look at your debt-to-income ratio (monthly debts divided by monthly income) and they don’t want to see anything greater than 43%. When you’re preparing a buy a house, clean your credit, work on erasing debt/collections and hold off on other large purchases (like a new car) to keep your ratio low.

 

Credit monitoring and advisement is helpful at this stage in your life, teach yourself as much as you can, become your own credit expert. Seriously, take it seriously.

 

Pre-Approval

Never start your house search based on an assumption. All kinds of factors are taken into account when a lender determines what you qualify for, so get pre-approval from a lender so that you know exactly how much you can spend. You’ll need a pre-approval letter for your offer to be accepted by any seller anyway, so it doesn’t hurt to get this done early in your housing search.

 

Know yourself

Check your budget

Consider the amount of money you got approved for a loan. Just because it’s available, doesn’t mean you can spend that much. Consider ALL expenses like student loans, car payments, health care, groceries, cell phone and utility bills. Account for fun things like entertainment, shopping, and travel. The amount of money you spend on your house should feel right to you.

Image result for budget

 

Check out the market

Finally, it’s time to start clicking through online listings and get to the part of your house hunt with actual houses. Get an idea of what homes cost in the areas you’re interested in and determine what you can expect to buy given your budget. Some buyers find it helpful to write down a few lists early in their search. What features are absolutely essential in the home you buy? What characteristics are you hoping to find, but aren’t deal breakers? What are the deal breakers?

 

Find your AGENT

A truly good agent can help you shop around to get the best price and having a professional guiding you through a process they understand well can make your life a lot easier. The Flynn Team can streamline your first home purchase, providing step by step advice before the house hunt even begins.

Call us today! (516) 294-7292


Posted in Homebuyers
Jan. 21, 2016

Your Seller Concerns, Addressed

 

So, it’s time to sell your house.  Maybe you are looking for an upgrade, a downgrade, or you just need a change.  Irrespective of the reason, it’s time.  But, as you begin to meet with listing agents, you just can’t shake that nervous feeling.  You’ve got that nervous feeling.  Trust us, you’re not alone.  What follows is a list of common seller fears and anxieties and how to make them gonnne, gonnnne, gonnne …. wooaaaah, whoah.

 

If we list too close to my bottom line, buyers will low-ball me.

 

True, you might get some low ball offers.  But, assuming the house is priced correctly, you will also get competitive ones. If a buyer’s agent recognizes that your price is consistent with the market, he/she is likely to advise his/her client to make an offer that doesn’t stray too far from the asking price, lest they lose credibility. Even the “lowball” offers might beget productive negotiations.  A firm rejection of a lowball offer with a counter of your full asking price should signal to a serious buyer that the asking price is credible.  And if they’re not really a serious buyer, then who cares about them anyway?

 

The truth is that an unreasonably high asking price will do more damage than good.  In addition to losing credibility with the buying community, you run the risk that your house will sit on the market for too long.  Buyers may come to believe that there is something wrong with it and you could be forced to drop your price to a level below what would have otherwise been the fair market price.  

 

No one likes stale bread.  Not many like a stale house.  Price your house appropriately and buyers will come.  

 

I don’t want to list the house in the fall/winter because it’s a bad time to sell my home.

 

Yes, there will be a smaller pool of buyers in the fall and winter.  But there’s a reason they are looking in the fall and winter.  Usually they are motivated to buy, and buy quickly.  That means more aggressive offers, better qualified buyers and a faster closing time.  And with many sellers sharing the above fear, fall and winter means a less competitive inventory of homes for sale.  Exposing your home to highly motivated buyers in a less saturated selling market?  Uh, sign us up.  

 

Not to mention, if you sell your home at the right time in the winter, you can make the timing work to find the home of your dreams for the right price when the clocks spring forward.  Sign us up again.

 

Can’t I just sell myself and save on the commission?

 

The quick, irresponsible answer is: yes, yes you can.  Firstly, you will “save” on only half of the commission because the buyer’s agent will still get paid and any offer you get will be net the buyer agent’s commission.  Why did we put save in quotes there, you ask?  Well, there are a number of ways that this “savings” will find its way back into the price.  The most common way is that a competent buyer’s agent will not be so willing to meet your full asking price knowing: (1) you are already retaining thousands of dollars more on your sales price because you don’t have to pay a seller’s commission and (2) the buyer’s agent will (rightly) feel they can use their time tested negotiating skills to take advantage of your relative inexperience.  

 

Secondly, there are a host of other reasons that make the tactic a bad one: lack of access to a seller’s agent’s resources in terms of marketing and networking; inability to determine whether a buyer is qualified or serious; and finally, if you aren’t out there selling and negotiating real estate deals everyday, you simply lack the knowledge and/or experience to make the best deal for yourself and your family.  Even if you save a few dollars, the time and stress accompanying the task during an already tumultuous time in your life will not be worth the return.  

 

I read that the market is heating up.  If I list now, won’t I miss out on even higher prices in the next few months?

 

You may miss out on higher prices.  But, you could also miss out on today’s prices if you choose to wait.  Attempting to time the sale of your house with the peak of the market is very much like playing the stock market.  Even the most diligent of research can fail to take into account unforeseen future events that shape the market, for better or worse.  In addition, even if you guess right and prices rise, that probably means that the cost of your replacement house will rise as well.  So you future unrealized profits might not be quite as profitable as they first appear.

 

Your decision should ultimately come down to what works best, irrespective of price fluctuations, for you and your family.  Found the home of your dreams and want to make an offer but need to put your house on the market first?  Don’t wait on the shaky premise that you might not get enough for it.   

 

What if I can’t find a new house once my home is in contract?

 

That doesn’t happen to our clients because we go through a detailed buying consultation where we map out a plan specific to you.  We make sure that you are always in control of both sides of the transaction by carefully vetting the market for a match to your criteria. And, by the way, that entire process is free.

Posted in The Market
Oct. 27, 2015

Where To Get Scared on Long Island this Halloween

Long Island is a great place to take the kids trick or treating, but that doesn’t mean it has nothing to offer teenagers and adults alike. Sometimes we just want to get scared.  So for those young and young at heart, here are the best spots to get scared silly this Halloween on Long Island.

 

Chamber of Horrors in Hauppauge

 

Schmitt’s Family Farm Haunted Mansion

 

Where?  Melville

 

When Can I get scared?  Thursday through Sunday.  It closes a bit early on Thursdays and Sundays.

 

Why should I go?  It’s one of Long Island’s largest haunted houses, but Schmitt’s doesn’t stop there.  The farm also offers up chills in the form of a haunted corn maze and “The Experiment,” an interactive, high intensity stage show.  Variety is the spice of life.  Or death.  

 

How Much?  Haunted Mansion - 19  Cornmaze - 11 The Experiment - 5  Combo(all 3) - 30

 

 

The Chamber of Horrors

 

Where?  Hauppauge

 

When Can I get Scared?  Wednesday through Sunday, 7-12.

 

Why should I go?  Much like Schmitt’s, it offers three different options - Maniac Manor, Toxic City and Witch Asylum.  Sure, none of this may mean much to you, but each offers a distinct, thrilling experience.  The final night (Halloween Eve) promises a night of “full contact chaos.”  We’re not exactly sure what that means.  Maybe just stick to the rest of the week.  

 

How Much?  25 unless you want the R.I.P pass which moves you to the front of the life for 35.  

 

Spooky Fest

Where?  At the Center for Science, Teaching & Learning in Rockville Centre

When Can I get Scared?  October 30-November 1, 6:30 PM - 9:30

Why Should I Go?  There’s something for everyone.  The Fest is split up into scary and non-scary areas so feel free to bring the kids and take turns getting scared and having some good old fashioned family fun.  The Haunted Woods highlight the “spooky” areas.

How Much?  10 dollars gets you entrance into the whole exhibit.  For an extra 5, you can test your mettle in the Haunted Woods and Zombie Maze.  

 

NYZ Apocalypse 

 

Where?  That's right. A second Zombie Apocalypse. This one's in Deer Park.

 

When Can I Get Scared? Thursday - Sunday. Open late Friday and Saturday. This one's year round kids.

 

Why Should I Go?  See above. Plus this one is in an Underground Prison system. And you're working in teams.

 

How Much?  Packages start at 35.

 

Lazer Warz Presents The Outbreak: The Undead Edition!

 

Where?  Katz Indoor Raceway in Ronkonkoma

 

When Can I Get Scared? Friday and Saturday, 8-11 (through November 7)

 

Why Should I Go?  Do you like the Walking Dead?  Live it.  Walk into the fog filled Katz Raceway now transformed into a Zombie Apocalypse.  Armed with only your laser gun, you have one goal:  Survive.  How very Rick Grimes of you.

 

How Much?  15.  And your soul.  No, just 15.  

 

 

HorseAbility Haunted Hay Barn

 

Where?  Horseability in Old Westbury

 

When Can I Get Scared?  Friday and Saturday, 6-10

 

Why Should I Go?  It takes place in a haunted barn.  Duh.

 

How Much?  13 buckaroos.  

 

 



Posted in Lifestyles
June 1, 2015

Five Ways For You and Your Family to Spend Your Summer in Long Island

Hot times, summer in Long Island. While the city might get all the song lyrics, there are a wealth of things to do as a home owner (or renter) on Long Island during the summer time. When the weather is fine. Particularly for families. Here are five of our family-friendly favorites to try out this summer.

1) Amusement Parks/Water Parks

Adventureland is an amusement park with attractions for all ages and is a great alternative to Great Adventure or other bigger (and thus more crowded) parks that require more money and longer travel times. Conveniently located in Farmingdale, you can have a hearty breakfast with the family at home and be back in time for dinner. This summer they've added a new roller coaster, "Turbulence" to the ride mix making it more of a destination for thrill seekers.  As far as water parks go Splish Splash, in Riverhead, is one of our favorites in the region. There are slides of all shapes, sizes and speeds, but after a long week at work, what better way to cool down than on the Lazy River? Less well known, but still full of summer fun is Boomer’s in Medford, which offers, among other attractions, Go Karts, mini golf, a stellar game room and Bumper Boats for when the sun is really scorching.

2) Let’s Go To The Beach!

Long Island offers some of the best beaches in the region. Two of our favorites areas for top of the line beach going are Jones Beach and Long Beach. In addition to having great beaches and varied attractions, Jones Beach is famous for its summer concert series. This summer is jam packed with top stars: from Idina Menzel to Dave Matthews to Train to Neil Young. It’s a great option to Keep on Rocking all summer in Long Island. Long Beach’s varied beaches and vibrant seaside community offers a bit of something for everyone this summer. The city, during the summer, plays host to block parties, its own beach concert series and spectacular fireworks displays.

3) Popcorn.  Candy.  Soda. 

When the dog days of summer start to hit, there is no better refuge than an air conditioned movie theater with its comfortable surroundings and ice cold beverages. Regal theaters are taking things a step further, with its Regal Summer Movie Express, offering family friendly movies for one dollar per ticket at participating theaters all summer. Among participating Long Island theaters is the Deer Park Stadium 16 and Imax, but others are sure to follow. Check it out and make a day of it for a family of four starting at four bucks. Extra money for Butterfingers!

4) Under The Sea

Long Island has an aquarium? Long Island has an aquarium! If you’re looking for something totally fun and unexpected with the kids one day this summer, head out to Riverhead for a close up look at some aquatic life at the Long Island Aquarium. Events this summer include alligators, bats and super adorable penguins.  And if you're one of the lucky ones with a summer birthday: free admission.  

5) Wineries Where You Can Bring The Kids

Kid friendly winery may seem like an oxymoron to some, but out east where good wine is a way of life, it’s becoming more and more routine. Want a fun day out east? You don’t have to pony up for a babysitter. Martha Clara Vineyards, in Riverhead, has great wine for adults, and a petting zoo and horse and carriage rides for the youngsters. Just down the road at Palmer Vineyards, you can enjoy a glass or two while the kids enjoy a spectacular hay ride.

Posted in Lifestyles
April 27, 2015

10 Reasons Why You Should Have a Buyer's Agent Represent You

All too often, we hear of people who decide that they are going to set out on their lonesome to find the home of their dreams.  Despite it being the biggest purchase of one's life, all too often, the need for a trained, zealous advocate to assist, advise and shepherd the home buyer through the process is seen as unnecessary.   A lot of this can be attributed to bad information propagated by individuals who just haven't done their homework or are looking to save pennies on a purchase worth hundreds of thousands of dollars.  Here's the truth: in order to have a favorable outcome as a buyer you must work with a buyer's agent, whether it's us or someone else you trust to take up your cause.  Here's why (and why a lot of that bad information is so bad):

1.         It's free.  In New York, sellers typically pay for the agent's commission as part of the transaction costs, so that commission is free to the buyer. The seller has agreed to pay it up front, right when the home is listed.  Many buyers think that they can negotiate a lower price by going at it alone.  That's simply a misconception.

2.         You need an expert for this.  Buying a home is a complex process with untold twists and turns.  Things that at first seem like a big deal aren't and things that seem like fine points can be deal breakers.  Working with a buyer's agent gives you expert counseling on the home buying process at no additional cost.

3.         A buyer's agent will get you the right price. A skilled buyer's agent knows the market well and can offer advice on not only current prices, but on what the trends are.  He/she can best predict future prices which will help you determine, among other things, the value of your equity.  This is critical because that value will tell you whether you are making or losing money at a given sales price.

4.         They are trained to negotiate with other agents.  You may think you are a great negotiator.  In fact, you very well may be be a great negotiator.  But, you probably haven't negotiated much with other real estate agents, if at all.  You also probably haven't negotiated a purchase of this magnitude.  Buyer's agents do just that on a day to day basis.  Why risk misreading the market or taking the wrong tact with an agent when you can have a skilled advocate in your corner at no extra cost to you?  

5.         You need an advocate.  Many buyers believe they can negotiate, on their own behalf, with the listing agent.  If you deal directly with the listing agent, you have no advocate. The listing agent, even in a dual agency situation, owes a higher duty of loyalty to the seller. Moreover, the listing agent's goal is to maximize the sale price for the seller, not to maximize value for the buyer.  Going at it alone puts you at an incredible disadvantage.

6.         Access to more listings than the public knows about.  Buyer's agents (the true full time ones) are in the market all the time and know of off-market opportunities.  This means they are uniquely aware of homes that have not yet been listed publicly or have expired but have a seller still eager to sell.

7.         Can create additional opportunities for you.  Your agent can also create off-market opportunities by actively prospecting for you.  Like a certain type of home in a specific neighborhood?  Your agent can call owners of homes fitting the bill that aren't up for sale to see if that homeowner would consider selling knowing they have a ready buyer.  Just one example of the many creative ways a buyer's agent can creatively represent your interests.

8.         They put you in the best position to get the home you want.  Your agent knows other local agents and will help you present yourself as the best prospect. It's important to recognize that a seller wants not only the highest price, but the highest likelihood of being able to ultimately close the deal.  A good buyer's agent can help you be the winning bidder even if you aren't the highest bidder, by how they present your offer and position you as the best option to quickly and efficiently close the deal.

9.         They can assist in all facets of the process.  The home buying process extends far beyond finding the home of your dreams and making an offer.  A buyer's agent can recommend trusted people to help in the rest of the process -- lender, insurance agents, lawyers, home inspectors, movers, referral agents (if you are selling first out of state or out of area).

10.       Finding one trusted agent saves you a lot of time and heartache.  Find one agent you trust and work exclusively with him/her.  If you do it yourself (i.e., just work with listing agents or "For Sale By Owner" listings) you have a lot of work cut out for you in scheduling, following up, researching, negotiating and tracking the market.  All of this assuming that you have taken the countless hours of time necessary to educate yourself on the process.  If you work with multiple agents on a "whoever finds me a house first" basis, you end up getting duplicate information, dealing with good, bad or horrible agents and having to keep everything straight on your own.  Either way you have a lot of work cut out for you.  And that doesn't even account for the above nine things you are missing out on.  Do yourself a favor that you won't regret - work with a single skilled buyer's agent in the search for the home of your dreams. 

Posted in The Market