When the market is hot, it is important to have a knowledgeable real estate agent who can help you find the best deal as quickly as possible. With the help of a professional in the housing market, your offer will have a better chance of standing out. In fact, great agents have a track record of winning over half of their offers because they have most likely built lasting relationships with the listing agents in their area.
You’ll Want To Get Your Finances Together
Once you have an agent helping you with your house-hunting, you want to also make sure that you get your finances in check. We recommend talking with your lender to get a mortgage preapproval. If you are getting a loan for the house, you will want someone who can help you close on your house quickly. Your agent and experience lender will be able to help you evaluate interest rates and costs on the houses you are considering.
Your Agent Will Be Able To Help With Your Offer
In a hot market, the seller is usually in a hurry to get their home sold. With that being said, having a professional agent who can help you make a quality offer that will stand out may be the factor between receiving the home you were hoping for or missing out on it because your offer was weak. Your agent should be able to view when the standard closing time is on the house, and get an offer put in that would help it close more quickly. The offer may even be a better deal than the asking price if the seller is truly in a hurry to close, and you have everything ready to do so.
You Will Want To Get A Pre-Inspection
Before writing the offer, your agent can help you set up a pre-inspection on the home you are interested in. It’s important to have an inspector look the home over and see if there are any revealing problems that may change your home buying decision. From the inspection, it may significantly change your asking price if there is much work to be done on the home. That is why it is always good to have an inspector and agent look over your home before turning in a written offer. This will also allow you to make an offer that is not subject to an inspection contingency because those stand very little chance in a hot market.
Contact The Charles Burt Agents
Ready to begin house-hunting with a professional agent by your side? Charles Burt would love to help. Contact our real estate agency service at charlesburt.com for more information about the homes available on the Missouri housing market.