Now that it is a buyer's market, real estate buyers are in the drivers seat. So it is a great time to get a good deal if you are looking to buy real estate. There are some great deals out there but a buyer needs to make sure they are protected in the buying process.
Buyers that are looking to buy real estate are better served if they work with a real estate agent that specializes in working with buyers and does not take real estate listings. The real estate agent then truly has the buyer's best interest at heart first and foremost.
It will also benefit the real estate buyer to work with a Realtor that is a Certified Negotiation Expert. These real estate agents have gone through a special training program to help develop their negotiation skills so they can better help their buyer clients get the best possible price and terms.
Some agents find it difficult to negotiate hard on their clients behalf. So it is important to find an agent that is not timid about working to get you the best deal possible. Right now sellers are not offended with low offers. They are just happy to get an offer and will do their best to make a deal happen with a well qualified buyer.
This current real estate market condition offers a great opportunity for buyers who are in a great position to buy. Inventories are high, interest rates are low and sellers are highly motivated.
It will also help tremendously if a buyer gets pre-qualified for a loan with a well qualified local lender if they are planning on getting a loan for their purchase. Then their real estate agent can provide a pre-qualification letter with their offer. This will show the sellers that they are truly capable of buying so that the seller will take the offer more seriously and will help their Realtor to negotiate the best possible price.
Now is a great time to buy real estate and a Certified Negotiation Expert agent can help buyers save even more.