Our Beautiful House
  • Home
  • Decorate
    Decorate
    Show More
    Top News
    40 of the Best Home Decor Stores in America
    August 29, 2020
    9 Smart Ways to Personalize a Rental When You Can’t Paint
    April 21, 2023
    Japandi – The Hottest Global Design Trend
    May 31, 2022
    Latest News
    10 Home Renovations That You Should Splurge on
    July 8, 2023
    Top 15 Modern Interior Designs You Need To Know
    June 1, 2023
    10 Home Repairs to Leave to the Pros
    May 18, 2023
    How to Build a DIY Breakfast Nook
    May 16, 2023
  • Rooms
    Rooms
    Show More
    Top News
    Interior Designs Tips for Your Bedroom
    August 11, 2021
    Simple Steps of Kitchen Remodeling
    May 21, 2023
    5 Nursery Design Trends for the Modern Home
    August 1, 2023
    Latest News
    5 Nursery Design Trends for the Modern Home
    August 1, 2023
    40 Gorgeously Minimalist Living Rooms That Find Substance in Simplicity
    July 1, 2023
    14 Creative Kids Bathroom Decor Ideas
    May 28, 2023
    Simple Steps of Kitchen Remodeling
    May 21, 2023
  • Outdoor
    Outdoor
    Show More
    Top News
    How to Landscape on a Budget
    October 6, 2020
    25 Chic Modern Outdoor Furniture Ideas
    November 7, 2022
    5 Mistakes To Avoid With Your Quarantine Garden Before the First Fall Frost
    September 24, 2020
    Latest News
    5 Best DIY Landscaping Ideas
    November 22, 2022
    15 Fun Backyard Ideas That Kids Will Surely Enjoy
    November 14, 2022
    25 Chic Modern Outdoor Furniture Ideas
    November 7, 2022
    Small deck ideas: 31 budget decking designs for tiny gardens
    October 18, 2022
  • Lifestyle
    Lifestyle
    Show More
    Top News
    Miami Ranked Among Top Coffee Cities in America
    June 24, 2020
    20 New Year’s Movies That Will Convince You That Staying In Is the Best
    December 4, 2020
    7 of the Best Cities for Remote Working
    August 13, 2020
    Latest News
    The 6 Worst Types of Clutter for Homeowners
    May 5, 2023
    12 Hidden Storage Ideas for Combating Clutter
    April 28, 2023
    15 Fun Backyard Ideas That Kids Will Surely Enjoy
    November 14, 2022
    10 Ways to Let Go of Sentimental Clutter
    October 18, 2022
  • Real Estate
    Real Estate
    Show More
    Top News
    Comparative Market Analysis: What is a CMA Report for Real Estate Buyers?
    June 2, 2020
    10 Home Inspection Issues Red Flags
    January 7, 2021
    Can You Sell Your House Before Paying Off the Mortgage?
    June 8, 2020
    Latest News
    Two Ways Homebuyers Can Win in Today’s Market
    August 6, 2023
    Home Renovations for the Aging Population
    July 24, 2023
    The Benefits of Owning a Second Home
    July 6, 2023
    10 Questions Every Homeowner Should be Asking
    May 1, 2023
  • Contact
Reading: When Market Realities Bite, Stay Flexible and Adapt
Share
0

No products in the cart.

Notification Show More
Latest News
Two Ways Homebuyers Can Win in Today’s Market
Real Estate
5 Nursery Design Trends for the Modern Home
Bedroom
Home Renovations for the Aging Population
Real Estate
10 Home Renovations That You Should Splurge on
Renovate
The Benefits of Owning a Second Home
Real Estate
Aa
Our Beautiful House
0
Aa
Search
  • Home
  • Decorate
  • Rooms
  • Outdoor
  • Lifestyle
  • Real Estate
  • Contact
Follow US
  • Blog
  • Complaint
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Our Beautiful House > Blog > Real Estate > Buyer Guide > Finding a Home > When Market Realities Bite, Stay Flexible and Adapt
Buyer GuideFinding a HomeGuides

When Market Realities Bite, Stay Flexible and Adapt

Last updated: 2020/06/04 at 4:36 PM
By Stefan #TheListingBroker - Real Estate
Share
5 Min Read
Woman Who Made A Mistake
SHARE

Finding the perfect home is like finding the perfect mate. Everyone’s wrong, until they’re right. Sometimes it seems like the more homes you see, the more discouraged you become. You may be unsuccessful because of all-cash offers or bids that are thousands of dollars over the asking price.

Take a deep breath. It may be time to consider why you haven’t been able to meet the right guy … uh, home.

Reset expectations

You might have dreamed of meeting Prince (or Princess) Charming, then found that solid, dependable mate was the better choice. Homes can be like that, too. You dream of a yard large enough to play catch with your child or Victorian with moldings that knock your socks off. Then you realize your price range doesn’t support all those features.

Instead of getting discouraged, make a list of “must-haves.” Your non-negotiables might be a neighborhood with great schools or being within a 30-minute commute from work. You agent needs to know what you can’t live without.

Then identify what you’d love to have: master suite with spa bathroom or a formal dining room.

Lastly, add a column with “wish” items could be added later: six-burner chef’s range or crown moldings.

When you hunt for a home, look for one with the must-haves first, then see which have some of your dream items, too. Your agent can run a list of all the properties like the one you want — number of bedrooms, baths, price — that have been listed in the past 9 to 12 months. If you see nothing you like in your price range, you may need to adjust your expectations, budget or location.

Have hope: If you see a few perfect homes you missed, that means a home you’ll love is out there somewhere and could come on the market any day.

Exercise patience

House hunting sometimes means waiting for the right home to find you. New listings come on the market every day. Even though Wednesday had nothing to offer, Thursday could deliver several new possibilities.

Here are a few ways to be the first pair or eyes on new listings:

• Set up a search on BuyHotFloridaHomes and filter the results by housing type, price range, number of bedrooms, amenities and more. 

• Send “I’d love to buy your home” letters to addresses you adore in the neighborhoods you crave. Agents do it all the time, hoping to find a homeowner who’s thinking about selling.

• Spread the word on social media that you’re looking for a home with (fill in the blanks). And if you don’t think it’s too crass, offer a finder’s fee to anyone who points you toward a home you eventually buy. Of course, that means a lot of real estate agents will solicit your business, too. Finding the right agent can make your house hunting a whole lot easier.



Analyze your strategy

If you’ve lost several homes you thought were good fits, have a heart-to-heart with your agent to determine what’s going wrong.

Are you consistently bidding too low? If you can afford it, up your game and bid a little over-asking, especially in a hot market. One strategy is to offer the asking price but make it contingent upon an inspection and appraisal, which is standard in most contracts. If an inspector finds defects, or an appraisal comes in short of the list price, you might have room to bargain.

Cash buyers are always more attractive to a seller than ones who make an offer contingent upon financing. Of course, not everyone has a couple hundred thousand in their back pocket. So before you start looking, select a lender who will give you a pre-approval letter that states you’ll qualify for a particular loan amount under certain guidelines. It’s not as good as hard cash offers, but it does signal you’re a serious buyer who can qualify for a loan.

Pre-approval letters are often good for up to 90 days, so it’s a good idea to get pre-approved early in your home search. If you need a pre-approval lender, you can quickly find one on BuyHotFloridaHomes who works in your area.


SIGNUP FOR NEWSLETTER

TAGGED: expectations, patience
Stefan #TheListingBroker - Real Estate June 4, 2020
Share this Article
Facebook Twitter Email Print
How you feel with this article?
Love0
Happy0
Surprise0
Wink0
Sleepy0
Sad0
Angry0
By Stefan #TheListingBroker - Real Estate
Stefan is a Real Estate Broker and REALTOR® with over 8 years of professional experience. Prior to starting his real estate career, Stefan spent 11 years as a foreclosure defense and divorce attorney (quite a combo, huh)? Conducting a real estate business with a a diverse legal background has allowed him to gain unique experiences that make him a well-rounded resource for his clients. Stefan is a proud Florida State University alumni, having earthed his bachelor’s degree in Management, prior to attending law school.
Leave a review Leave a review

Leave a review Cancel reply

Your email address will not be published. Required fields are marked *

Please select a rating!

Our Beautiful House 

  • Home
  • Decorate
  • Rooms
  • Outdoor
  • Lifestyle
  • Real Estate
  • Contact
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions

Find Us on Socials

© 2022 by #TheListingBroker. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?