Whether you’re looking to buy or sell real estate, if you’re planning to jump into the spring real estate market you’ll need to be ready. Experts predict more demand will make the busy spring and summer seasons sizzle in the U.S. That prediction is based partially on a new report from Zillow.com saying that more than 10% of U.S. renters are looking to buy a home within the next year. That means more buyers, fierce competition and an increase in prices.
As a Real Estate Agent, I’m here to share with you a number of steps you can take that will give you the advantage in today’s seller’s market:
- If you’re going to work with a Realtor or real estate professional, get started early and pick wisely. Make sure to verify an agent’s license on the California Bureau of Real Estate.
- The first step in the home buying process is looking online for properties for sale. Be sure to check the Multiple Listing Service frequently.
- Get your loan pre-approved. Use Zillow’s new pre-approval tool to get a sharable pre-approval letter within minutes. Most letters of approval are good for 60-90 days.
- Move quickly and be ready at a moment’s notice.
- When looking at houses consider the potential but base your choice on the neighborhood.
- When you’re buying in a seller’s market, listen carefully to your Realtor or agent about how much you should offer.
- Find the right home inspector.
With my more than 20 years in the industry — ranking in the top 1% of Sotheby’s agents nationwide during most of them — I can help you find your dream home or help you sell your existing house in the spring real estate market. Please check my website then call me at 805.886.9378 or email me at Cristal@montecito-estate.com.