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Posted by Tina Bilazarian, Inc on 2/22/2018

If you’re looking for a bargain on a home, there are ways that you can tell a seller is ready to give you a great price. 

The Vocabulary Is Right

Sellers who really want to get rid of their property will never say it directly on a listing. Yet, there’s so many different keywords that can help you to distinguish which sellers are in a rush to sell. These words can be found in the listing and include:

  • Motivated seller
  • Priced to sell
  • Needs TLC
  • Bonus offers for closing within a certain timeframe

These keywords and phrases signal that a seller truly is “motivated.”

Your Agent Gets The Inside Scoop

Sometimes, a seller’s agent will tell a buyer’s agent outright that their client is looking to sell in a hurry. This can help you and your agent to work together to make a good offer and get a good deal on the home. 

A Home Has Gone On And Off The Market

If a home has been on and off the market for some time, it’s a good bet that you’ll be able to get a good deal on the home. If a buyer backs out, it can really put the seller in a bind. If this has happened several times over a period of time, you may have a good shot at getting a good bargain on a home. Your realtor will be able to research the property history and help you find out exactly what happened to the home in the past. This way, you’ll know what you’re getting into with the property and if you have a good shot at making a deal.  

Choose The Right Season

At certain times of the year, such as winter where there are fewer listings, sellers are generally more motivated. There’s less competition along with less buyers. Anyone who is looking during these times may be able to get a better deal on a home they love because of the low supply and demand.  

A Really Good List Price

If the listing price for a home is a real bargain to begin with, you may have a motivated seller on the other side of the listing. A seller who needs to make a quick sale will often put the home on the market at a great price right from the start. This is all in hopes that the home will fly off of the market. 

A low price can also be a bit of a red flag. The seller may have listed the home at a bargain price in hopes of a bidding war between buyers. If you don’t want to get into the competition of trying to outbid another buyer, you may want to avoid homes listed at seemingly too-good-to-be-true prices.   

If you’re looking for a hidden bargain on a home, you can see that there are ways that you can find it pretty easily. Happy house hunting!

Posted by Tina Bilazarian, Inc on 3/24/2016

Buy A common misconception amongst the general public is that using a real estate agent when purchasing a home will be costly. What consumers don't realize is that they won't actually be saving themselves any money by foregoing the use of a buyer's agent. Buyers may inaccurately assume that they'll get a better deal by working directly with the listing agent of a specific property they're interested in, rather than by adding a buyer's agent to the mix. This belief is grounded in the ideology that if there's only one agent involved, only one agent is being paid. While this is true, the money-saving theory behind this type of one-agent-transaction is being misconstrued. There is, in fact, only one agent being paid, in this case the listing agent, however, this agent will receive the full commission from both sides of the negotiation. The same monetary value is wielded whether one agent or two agents are involved in the contract making this alleged shortcut inconsequential. The drawbacks of dealing directly with a listing agent as a buyer, are however, substantial. The listing agent is contractually obligated first and foremost to the seller. The listing agent represents the seller's best interests by law. By hiring a buyer's agent, buyers are actively ensuring that their best interests are not an afterthought, and are on the contrary, of the utmost importance to their agent. If you are a potential buyer, looking to purchase a new home or make a real estate investment, allow a real estate agent to act on your behalf. A successful buyer's agent is not only obligated, but happy to hold you, the buyer, as his or her number one priority in every part of the purchasing process. As your buyer's agent, my job would be to help you, help you. How can I help you today?