Putting Response Deadlines on Home Sellers and Home Buyers

Collier Swecker video blogs the pros and cons of putting response deadlines in home purchase offers and counter-offers. While I have never met a home purchaser or home seller that was not somewhat anxious to hear a response from the other side, many buyers and sellers are frequently putting 12 hour to 18 hour deadlines in offers and counter-offers. Home sellers and home buyers should be cautioned to use response deadlines only when absolutely necessary or when they and/or their agent is sure that it is a smart strategic move that will assist them in achieving the negotiated outcome they desire. If you have any questions or comments about response deadlines for home buyers and home sellers, email me at Collier@MegaAgents.com or visit my website at www.MegaAgents.com.

 

Home Buyers Bring Your Best Offer Quickly

Collier Swecker video blogs about how home buyers in a competitive real estate market need to bring there best offers early in the negotiation process or they may find out that the Sellers have used their offer to get a higher offer that they have turned into a contract. One thing that many home buyers and sellers don’t know (and for that matter many agents) is that home sellers are under no duty to disclose multiple offers and is legally and ethically permissible to use one offer to generate other higher offers from other buyers. At the end of the day a good Seller’s Realtor should be trying to get the most money possible for their Seller and they should do everything they can that is both legal and ethical to maximize their clients investment. When home buyers bring low offers with bad terms in hopes of starting a negotiation along with their knowledge that it is a weak offer, they are opening themselves not only for rejection but to the Seller’s agent using that offer to generate other interested Buyers to write a contract on the same property, since obviously the home is popular if it is getting shown and also has an offer. Basically, it is creating emotional urgency. On top of the foregoing, most home sellers in todays market cannot afford to just give away their home and most need to get market value in order to be able to sell. If you have any questions or comments email me at Collier@MegaAgents.com, visit my website at www.MegaAgents.com.

You Must Have Your Own Realtor When Buying New Construction

Collier Swecker video blogs about the important role an experienced real estate agent plays when home buyers purchase new construction. We must begin with an understanding that the real estate agents who are in the model homes and onsite at new home subdivisions are representing the only legal interests of the builder and not the prospective homebuyer. This is the main reason that a buyer needs representation during the new construction process. Collier gives you some additional reasons to make sure that you are represented when buying a new home. If you have any questions or comments email me at Collier@MegaAgents.com or visit my website at www.MegaAgents.com.

Knowledge is the Key to House Flipping in this Market

Collier Swecker video blogs about what the current market is for people who want to flip houses. We are in a real estate market where it is vital that buyers have as much knowledge as possible when buying a home to flip for investment. Between the lack of good inventory to buy and governmental regulations it has become harder to just buy a foreclosure and make a quick dollar. It is so important that people who want to get into flipping houses team up with an experienced team of folks to ensure a successful and profitable flip. If you have any questions or comments email me at Collier@MegaAgents.com, visit my website at www.MegaAgents.com.

Home Buyers Should Always Get a Survey

Collier Swecker video blogs about why home buyers should almost always get a survey when buying a new home. Collier discusses how a purchasers  failure to get a survey can cause many legal issues to arise “down the road”. Spending $300 to $500 on a survey is much cheaper than rebuilding a fence or having to relocate a driveway.  If you have any questions or comments email me at Collier@MegaAgents.com or visit my Birmingham Real Estate website at www.MegaAgents.com.