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So, you are selling your property and your real estate agent says, “This is worth $500 grand”. Then an offer comes in for $600K. Is there something wrong with your realtor?
Welcome to the seller’s market where the demand is high and the supply is low so buyers must compete with each other to score a property.
In today’s episode, Harjeet Rathour shares what buyers can do to put themselves in a better position to purchase a house. Harjeet is a Realtor®, Team leader for Team Jeet at eXp Realty. Her philosophy “Value, Vision and Victory” is the core of her business and personal life.
Key takeaways:
- People are moving more out towards the suburbs where there is space. So because the inventory is low, it (prices) did go up. And even with the interest rates going up recently, that (demand) didn’t stop either. (1:48)
- Always get an inspection done on a property. Another thing is (to) have your finances together. (9:04)
- As soon as something comes on the market, it’s off in a week. Another thing I would suggest is preparation. If you have everything in order, you see the house that you want, you (can) put in the offer and start your negotiation within a day or two. (Otherwise) that house is going to somebody else. (14:34)
Interested in buying a property? You can contact Harriet via Instagram at https://www.instagram.com/realtorjeet/?hl=en or her phone at 631-364-7737. You can also visit her website at https://lib.exprealty.com/agents/95593/Harjeet+Rathour.