Smart Home Buying Tips From Real Estate Expert – Philip Marley
Dealing in real estate involves different types of selling and buying of real estate assets such as land, residential, commercial, and industrial real estate. The profits of all these depend on several factors and tips that must be followed depending upon the type of real estate you want to invest in. One such example is home which falls under the category of residential properties. Like all other assets, it has also some tips to be followed suggested by the industry leaders such as Philip Marley and others while some of the tips may be common among all of them.
Some of the tips that must be considered before buying a home are as follows:
1) Researching Agents Well Before Choosing One
There are a lot of factors that involve in the smart buying of the home. One of these factors includes the right location and current market trends. In such a scenario where the location of the asset has an important role to play, you can’t take a chance of buying something on your own. “Moreover, the real estate asset that you have in your mind may appear as profitable to you but may not be profitable after a certain period as the demography of the place changes after a certain time,” says Philip.
Hence, a well-experienced real estate agent can help you with choosing real estate which will be relevant in the market for very long as someday or the other you may think of renting it earning some passive income.
2) Taking Charge of Furnishing and Repairs
Some sellers may charge you exorbitant prices in the name of the renovation of some rooms, furnishing, fixing toilet leakage, etc. These charges will be added to the final amount of the deal. Hence, you can avoid some of these charges by taking extra work in your hands. The idea of taking charge of furnishing, renovation, fixing of toilets and electricity becomes more important because of the changing trends. Moreover, you may have different tastes than sellers.
3) Sending a Personal Note to the Seller
If you have found a good house and can’t wait to make it your home, then it is a good idea to send a personal note to the seller because there must be many potential buyers like you so you have to stand out in a pool of buyers. You can send a note having a personal touch that why are you the best fit and how you can relate to their house. Maybe you can share that you had always wanted to be the owner of that house because of similar interests. You can also show your feeling that you liked the house because of sea-view or because of your parent’s special liking for homes nearby temples or other religious places. Make them believe that you have a bigger purpose for buying but don’t come across as someone who is too desperate to buy anything.
Conclusion: Homes are one of the greatest investments in life. Buying a good home means living with a piece of mind for the rest of your life besides having the opportunity to reap the commercial benefits that it may bring depending upon its location. Hence, it is no doubt that a real estate bought according to the market trends especially considering its location is sure to bring profits. In such a scenario, where market trends are so important common people may not be aware of these trends. Hence, this is where an experienced Real Estate Agent comes into the picture as he is the person who can foresee the changing trends and future trends. Besides choosing a good real estate agent, the other important steps will be to take charge of minor repairs and little renovations in your hands and sending a note to the seller for a personal touch as agreed by Marley.