How I present your offer to buy real estate.

Nesbitt Realty
Contact a Realtor to write your contract.
When you've finally picked out the condo, house or townhouse that interests you, it's time to write the offer. Together with proof of Earnest Money, and lender approval, I'll present the offer to the selling agent. Presenting an offer is a little bit more involved than simply faxing paperwork to the listing agent and then waiting for a response. It is important to get the offer over as quickly as possible. Bargains (in any market) don't last long.  Then I call the listing agent to let them know the offer has been sent. When appropriate, I follow up in the conversation by sharing appropriate details with the listing agent. For example: I can give the selling agent some personal background about my clients and what they are looking for. I can explain why they are qualified to buy or how many homes my client has looked at. In some cases, it's appropriate to tell seller what the buyers appreciate about the home. I sometimes provide the sellers with a comparative market analysis to show the sellers the rationale behind the offer we are making. Of course, it's my job to explain and review all of the major details of the offer;
Wooster Mercer Lofts
Wooster Mercer Lofts
  • contingent or non-contingent,
  • inspections,
  • date of closing,etc.
  • and of course, price.
When necessary I discuss a brief timeline outlining the expected milestones between the offer and settlement. The U.S. Department of Housing and Urban Development (HUD) says that since so many details, especially financial ones, are involved in buying and selling a home, using a real estate agent is a good idea because that professional can be a guide throughout the process, making the entire process and experience so much easier. The key to a successful and positive experience with a real estate transaction in {Location_Name} is finding the right professional to assist you. While a real estate agent can meet your needs, the services of a Realtor® in {Location_Name} will suite your needs even better.

What’s the Difference Between a Real Estate Agent and a Realtor?

Of the more than two million people who have earned real estate licenses, only a small percentage of them are Realtors. Realtors, who are members in good standing of the National Association of Realtors, their state association of Realtors, and a local real estate board, are held to high standards of ethical behavior and undergo continuing education annually to remain accredited. All agents of Nesbitt Realty are Realtors!

What Does a Realtor Do?

Law requires Realtors to:
  • perform necessary and customary acts, in good faith and with reasonable care, to assist in the purchase or sale of real estate.
  • properly account for money or other property placed in his or her care.
  • disclose “adverse material facts” which are, or should be, within the agent’s knowledge.
Realtors can assist buyers in many ways. One such way is keeping buyers informed on all the latest listings, to which Realtors gain access as soon as they are listed on the market. Realtors will also be familiar with all the information you may want regarding the area of your potential home, which may include school quality, community safety, traffic volume and commute time, accessibility to shops and public transportation, and proximity of local parks and recreation. When a buyer is ready to purchase a home, Realtors can help you pre-qualify for a mortgage, weigh the pros and cons of the varying types of mortgages, and walk you through the complicated paperwork involved in real estate transactions. Realtors can also assist sellers with listing and preparing to sell a home, screening potential buyers, and showing investors properties that suit their investing profiles. Through efficient organization and coordination of meetings with potential buyers and sellers, Nesbitt Realty can quickly locate the perfect home for you or sell your home in the shortest time possible.   For more information or to set up an appointment call Julie at (703)765-0300.

Are First-Time Buyers Being Shut Out?

Across the country, first-time home buyers have been putting in offers on homes, but many of them keep losing out.
first time home buyer
First-time home buyers contact Nesbitt Realty!
One working mother says she’s put in 30 offers on homes in the $100,000 range in the Atlanta area, bidding $2,500 to $3,000 above the asking price, but each time she’s been outbid. “We have to be on top of the game and be able to drop everything and check out a house or it will be gone,” says another couple in Alexandria, Va. Tight housing inventories are playing a role. For example, in Boston home listings are down 57 percent and in Atlanta area home listings have dropped nearly 40 percent in the past year. Also, “investors have been pushing home prices higher faster than expected,” Diana Olick reports for NBC. “But the higher prices get, the more investors may get out, because they won’t be able to find such great bargains any more. That in turn will let regular buyers back in, even if they do have to pay a little more to own.”
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