The buzz around the property scene these days increasingly speaks of buyer behaviour and their FOMO, or Fear Of Missing Out.
Buyers are scrambling for homes, driven by the limited number of properties on the market. The cause of this lack of supply has been created in part by the Covid pandemic which is still being felt in many markets. It means prices have kept moving higher despite expectations the market might have cooled.
If you’re about to enter the market to find your dream home, you need a great agent. Here’s what to look for.
Experience counts
A great agent will know how to handle the negotiation tactics of other agents and ensure you keep your offer within your budget. They should be able to demonstrate a track record of happy clients.
Hunters
A great agent will identify properties that meet your criteria and return with suitable properties for your consideration. This can be a great time saver, while also ensuring you don’t miss a single property that could be suitable..
Expertise
You should expect your agent to offer their expert opinion on a property before you negotiate. They’ll value the property using industry data and, using this research, negotiate on your behalf once you give them the go-ahead.
Level playing field
When you have a great agent on your side, you always retain control and decision rights but you level the playing field when it comes to the negotiation table. Most folks buy a new home once a decade, whereas great agents do this all the time. This means that when it comes to understanding negotiating tactics, your agent will know how to find a fair deal with the vendor’s representative.
Responsiveness
Great agents know that in the current market, action is everything. They’ll respond to your queries promptly and jump on new properties that meet your criteria quickly.