The real estate market of today moves quickly. And without the right support your dream property could be snatched up before you even get a chance to bid. From first time homebuyers to seasoned homeowners, everyone wants to know how to shop for Washington DC real estate the easy way. This simple, albeit fast-paced, method delivers effective results for both buyers and sellers.
Get a Washington DC Realtor On Your Side
Start with having the best players on your team. You may think that the vast selection of commission-free, for-sale-by-owner organizations make it easy to shop for real estate without a realtor. But that assumption often results in missed opportunities and disappointment. Having an experienced real estate agent is even more important in today’s rapidly changing market.
What factors will influence your choice of agent? Always opt for someone with experience in the local region. This gives them insight into the particular dynamics of each neighborhood, including the school systems, shopping, traffic and community associations. This knowledge will help guide you to the very best location for your new home.
You also need someone who understands your situation. They should speak your native language and be familiar with your unique needs. Perhaps they have worked with some of your friends or family members and come with an enthusiastic recommendation. If you are moving into the DC area from across the country ask for recommendations from local connections such as your new employer or nearby friends.
Start Looking Right Away and Continue Looking
One of the biggest mistakes that people make when shopping for Washington DC real estate is not persevering. The earlier you begin shopping, the more properties you will have a chance to view. And don’t stop browsing, viewing and shopping, even when you think that you have found the perfect home. Deals can fall through quickly and by putting the shopping process on hold you are bound to miss out on numerous opportunities.
Keep your realtor on speed dial and stay in constant contact about new listings, viewings and any changes to your current situation. Some families find that their needs and wants evolve as the shopping process continues. Perhaps what they felt was essential loses the critical label. Or something they thought was flexible becomes written in stone. All of these needs should be communicated to the real estate agent promptly, giving them the information needed to match you with ideal properties.
Be Ready to Act Quickly
Having your financing and other details of the transaction taken care of ahead of time is vital to a fast sale. Be sure to arrange any mortgage information and approvals beforehand, obtaining preapproval if possible and securing the terms desired.
If you have another property to sell, it is a good idea to have that on the market while you are shopping. This means you run the risk of selling your current home without having another to move into, but the other side of the equation is equally risky. By waiting until you have purchased a house to sell your current property, you may end up with two mortgages or lose the new home based on the conditions of the sale. Talk to your agent to decide on the best course of action, but in any case you will need to be ready to act fast when the right property comes along.
With a team of support that includes an experienced real estate agent and prearranged financing, you will be ready to shop for Washington DC real estate the easy way. The market is moving and the perfect property is out there.