How much should you offer when buying a home

    The best way to buy real estate

    One of the top questions that my team gets from those wanting to purchase real estate is how much they should offer?

    Real Estate is business, not emotional

    First things first, we need to educate our real estate clients that this is a business decision, and should not be handled emotionally.
    Real Estate sales history should not exceed 6 months

    We then need to look at the current sales and those that have sold in the past six months.

    Don't compare homes that are too far away

    There is no need to look at real estate and properties that have sold over 1 mile away, unless comparables are not available any closer.

    How are the bedrooms layed out

    The searches for comparable properties should encompass the same amounts of bedrooms.

    Are the bathrooms upgraded and remodeled

    The same goes for Bathrooms – the bathroom splits need to be taken note of.

    When comparing real estate it must be apples to apples

    If you are having your realtor evaluate a Single Family Home, make sure they are not comparing it with a condo or a town-home.  There is a big difference.

    Be careful of the online estimations of value

    Don’t get caught in the trap of asking a Mega Syndication Website the Question of what a home is worth… ¬†Use only local real estate websites that have agents who are experts in the field of listing and selling homes.

    Make sure the value is coming from a certified source

    Eventually this will occur. When you have an accepted offer, the bank who is loaning you the money is going to want to send out a person that is going to make sure the property you are buying is worth it.

    Only use the BEST real estate search systems

    Again with the Real Estate syndication websites. Use a local MLS based search engine so you don’t get caught up in the filth regarding sites that are going to sell your personal and private information to real estate agents.

    Never guess when it comes to real estate

    Buessing has no place in real estate, where you are spending hundreds of thousands of dollars. – Don’t Guess!

    Never go beyond what you can afford

    It’s important to always have your line in the sand. The number you will not exceed no matter what. Establish yours and don’t bend…

    Make your offer the best it can be

    It does not hurt to let the sellers know a little about you and your (family) – if you have one. Let them know some of the things that may influence them into choosing your offer over others that maybe on the table. In real estate, it’s mostly – but not always, about the money.

    Only work with professional realtors

    Experts, BEST, Top Realtors, etc. Make sure you are working with those that are going to be there for you if and when things go south. Be safe – We are the REMAX of Valencia CA Paris911 Team of Realtors.

    We are the Paris911 Team of Realtors

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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