Thursday, July 15, 2010

Searching for the American Dream Home

Showing property is a full time job for some realtors. In preparation for the tour that you will take, homework must be done to determine the availability of the homes that you are going to view. Calling the other agent and make sure the listing is still on the market and not under contract. If the house is a short sale the realtor needs to see how many mortgage companies the property has and what companies hold the mortgage. (This will determine in some instances how fast a transaction will take).

Even though all of these things are done you get to that one house that your client just falls in love with and call the agent one more time to find the house is under contract or pending, (all within a day). This is what the market is going through right now. You can read the headlines of the bad market condition, but, folks are still buying and they for the most part viewing all of the same properties. What does this mean for the buyer agent? Jump on the new properties show them when they come out and prepare to submit an offer that same day. You can’t wait even a couple of days to set up the showing. After all, it is the American Dream.

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