Have you been house-hunting for quite some time? You likely would have discovered the competitive nature of the real estate market. The contributory factors to this tough market are dwindling inventory, low mortgage, and high demand. But there is good news: you can still score excellent deals when buying a home! With her vast experience as a real estate agent in New Smyrna Beach, Cindy Adkins has revealed the secrets to keep in mind when house-hunting.

Four Tips For Buying A Home

1. Your Finances Must Be In Order- You must ensure that your finances are in order before you start house-hunting. You can start this process by paying off debt to increase your credit score. Additionally, keep track of the amount you have for a down payment. Most real estate agents have realized that most sellers often choose someone who can put down a minimum of 15% or pay cash.
2. Know What You Want- While purchasing a home is one of life’s incredible milestones, you can quickly get wrapped up in minor details. This is why vital research in advance is going to be helpful. Make sure you speak up with a competent real estate agent. They are willing to help you hone in on your needs, budget, and what’s fitting for you.
3. Preparing For The Bidding Phase- More than 50% of buyers admit to a bidding war. To avoid this overwhelming competition, send upfront your best and last offer. You might also want to add an escalation clause. You can also consider excellent houses that are below your budget.
4. Appeal To The Seller- There are some situations where you will still find yourself in a bidding war. Since sellers will not always select the highest offer, appeal to their peace of mind by being willing to pay closing costs, limiting contingencies, and allowing them to choose the closing date. These extra bonuses can impact their final decisions.

The Role Of An Agent

By working with an agent, you can be helped to navigate the real estate market with ease. They can serve as the guide you need by your side. They could be called at the start of the buying process or when you are already searching. The guides provided are complementary to the four tips we’ve highlighted.

Two Valuable Traits Of A Reputable Real Estate Agent

1. Negotiation Skills- When selling a home, there will be a negotiation. Thus, your real estate agent must be able to handle negotiations as you buy your home. They must have the skill to favor both the buyer and the seller.
2. Experience- An experienced real estate agent would have worked with several clients and closed many successful deals. An agent with ten or more years of knowledge is going to be a real asset.

Contact Us

Do you need a top-notch real estate agent to guide you on how to negotiate well when buying a home in New Smyrna Beach? Cindy Adkins, a real estate agent with incredible negotiation skills, is the right person to work with. With years of experience, Cindy has the expertise to help you close successful deals. Contact Cindy today!