Most people dream of having their own house with the help of the best realtor. While some live inside the inherited property, others want to leave a hustling lifestyle i.e. buying new properties and selling old properties at the same time.
All you should know about real estate agent
Here’s how they can buy and sell house at a same time and also know what’s the role of a real estate agent in it:
The important thing to know is realization. When you will sell your house, you won’t have any place to live. Similarly, if you buy the house, it means you have spent all your cash.
Another problem is that the already established communities i.e. a place where a lot of people are looking to buy – they will find lesser homes as compared to neighborhoods which are not fully developed.
In those established communities, which have more facilities, the price will be higher as compared to less developed communities there is always a compromise!
You need to realize these facts before getting serious about the buying and selling of the house.
- Getting a Realtor
A realtor or a real estate agent can lower down your stress levels by getting you what you want in life.
You want to buy a house – call a real estate agent.
You want to sell a house – call a real estate agent.
You want to do both – call a real estate agent
With connections in a rich network of buyers, sellers and other dealers, a real estate agent will give you a proper direction as well as tell you the appropriate time of buying and selling a house.
- Online Searching
Craigslist is just one website. There are websites like Realtor and Zillow which offer comprehensive results. You have to option to view properties both, as a buyer and a seller.
The best part about online searches are the advanced filtering options. You get to search the houses based upon pictures, localities, facilities and pricings.
- Social Media
The big three (Facebook, Twitter and Instagram) can attract a lot of attention. You can also advertise about buying and selling a home through Snapchat.
The more exposure these advertisements get, the more your chances of getting a buyer and a seller.
- Friends and Families
Get to explore your options through friends and families. This option gives you an edge in terms of secure dealings, since both parties will be connected through a reliable person.
Also ask your friends to share this information to their friends’ circle.
- Home Exchange Options
Just like some people wish to exchange their cars, you can exchange your home. You need to contact your realtor and tell him that you are interested in home exchange option.
You can also promote on social media and online websites about home exchanging. Although a limited market, yet there are people who exchange houses.
This option goes both ways. If you buy the house first, you can contact your real estate agent and set up a renting business. With rents coming in hot, you will stabilize your financial economy.
Another alternative is selling your home and then temporarily moving in for renting options. You spend some time on rent and meanwhile, continue to search for your dream house.
- Selling Without A Contingency
Say, you contact your real estate agent to get someone to buy your house. Your realtor fetches a client and the deal is locked. Your half problems have gone away, considering that the deal has been secure. Now it is time to buy a house.
Buying and selling real estate
With significant persuasiveness, you can delay the closing by writing an offer to buy a house, with no selling contingency. This has to be approved by an underwriter, once this is approved you can be somewhat assured that the buyer will act. If the buyer is waiting, you can delay your closing.
The trick here is, if a buyer was going to wait for 50-60 days, this is the time of seller’s market. The only risk in this situation is if the buyer is unwilling to close, you are still obligated to close the deal, of the home, which you are buying.
In any case, it is best to have a timely discussion with your real estate agent, before making any sort of decision. Your dealer will see that you are treated best, in terms of offers and housing schemes.