Being a Buyer in a Seller’s Market

Jonesboro Real Estate Video Blog with Eric Burch

Homebuyers should check these three items off their to-do lists.

Buying a Jonesboro home? Get a Full Home Search

Selling your Jonesboro home? Get a Free Home Price Evaluation

If you’re a buyer in today’s crazy market, there are three things you need to do as soon as possible if

you want to be ready:

1. Get pre-qualified. If you’re financing your home purchase, you need to have a letter from a bank

that says you’re approved to buy a house for X amount, or else sellers perceive your offer as being

riskier to accept.

2. Get proof of funds. If you’re paying in cash, be sure to provide proof of funds, and mention in

your offer that you’re buying without any financing contingencies to put yourself in an even stronger

position.

"Make sure that the agent you choose has experience in this fast-paced market."

3. Work with a superstar real estate agent (like me!). While people can go online to get

information about the properties they’re interested in as well as whatever information the listing

agent wants them to know, you can’t find out all the down-and-dirty stuff that goes on behind the

scenes.

There are many things about a property that you might need to know; a superstar agent will know to

ask about the seller’s property disclosure, utilities, bills of insurance, HOA requirements, and so on.

You also need to make sure that the agent you choose has experience in this fast-paced market.

It’s important that they’ve been through the ups and downs of the market so they know how to adjust

to shifting circumstances.

Don’t hesitate to reach out to me for any questions you have or help you need. I’d be happy to help

you navigate this market so that you can get a great deal on your next home and move on to a new

stage in life.