From: Paul Cibrano
[email protected] Subject: A Buyers Guide to Real Estate, Awesome Homes for Under $750k, A Spotify Playlist and Shameless Self Promotion Date: November 6, 2018 at 1:13 PM To:
[email protected] A Buyers Guide To Real Estate In An Aggressive Buyers Market The last few months, I've been sharing that the current NYC market is one of the most favorable for buyers (there were over 800 price drops after Labor Day!) and now I'm going to share with you the perennial after Labor Day!) and now I'm going to share with you the perennial guide for Buying as well as the process you can expect! 1. Find An Agent Look for a licensed real estate agent who is knowledgeable about the neighborhoods you’re considering and is an expert in the process. 2. Get Pre-Approved Before beginning your search, you should get pre-approved by a mortgage banker for a loan (unless you are all-cash buyer). Your Compass Agent can connect you with a trusted mortgage banker to determine your ultimate buying power. 3. View Properties Attending viewings and open houses spanning a range of areas and property types. Work with your agent to narrow down your search. 4. Make An Offer Reach an agreement with the seller on price and terms. Once you have seen a home you like, you can put in an “offer”, which is a non-binding agreement to pay a certain price for the property. Your Compass agent will advise you on negotiation strategies throughout this process.