A lot of house hunters are getting really annoyed
with their offers being rejected because of the low supply of homes in today's
market. Buyers in the lower price ranges are getting hit the most, with
investors paying cash for properties.
How is a buyer putting down 5%, (or less),
supposed to compete?
Many buyers working with a
First Team Real Estate agent have an advantage on the other buyers out
there, because they are getting exposed to listings BEFORE those listings are
being advertised.
I'm guessing that other brokerages will follow First Team's lead, but most don't
have the number of listings or the infrastructure to do this.
In the past, mainly only the higher-priced homes were "not on the net yet" for a
number of reasons, one of which being that sellers didn't want their neighbors
to know.
These days, lower-priced houses are a big part of the properties that aren't
being advertised yet, and buyers viewing those homes first, stand a better
chance of not getting involved in BIDDING WARS.
Sellers who are busy sprucing-up their homes, (painting, making repairs etc),
love the "not on the net yet" program because they don't have to bother with
keeping their homes "show ready", or dealing with Open Houses. They understand
that if an acceptable offer isn't forthcoming before the listing hits the MLS
and the extensive marketing begins, they will go the conventional route.
Interested in seeing "Sneak Preview" homes? Call me on 949-232-5634 or shoot me
an
email.
Tuesday, June 12, 2012
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