All of these are questions
that Realtors research every day. With over 1,000 resale properties
on the market in the Bergen County area at any given time, and
thousands more being built it is a full time job to stay on top
of this ever-changing market. Features that might be considered
standard in one neighborhood could be overbuilt in another. Knowing
that properties are taking longer to sell in one area than in
a comparable area might make a difference in what price a buyer
might want to offer. Even knowing what government or environmental
regulations are new or pending can make a difference in a home's
value in the future.
Most new communities are not found on the internet through
the same sources as resale homes. It makes it difficult for
a prospective buyer to compare apples to apples. Realtors tour
new communities on a regular basis and track their sales as
well.
This market demands constant education. Realtors work with
appraisers, home inspectors, lenders, and other professionals
on a regular basis. These become sources for market information
as well. Buyers can use the internet to save time and to get
ideas. They can eliminate homes that do not meet their needs
and explore areas that look interesting. A good realtor will
not talk a customer into or out of buying a home, but will make
sure it is an informed decision that results in satisfaction
for years to come.
About the Author
Crissie Cudd has 13 years experience in Naples FL real estate,
earning certification as an Accredited Buyer Representative,
becoming Relocation Certified, E-Certified, and a New Home Specialist.
Visit her website at naplesrealestateresource.com
Article reprinted courtesy of Total
Real Estate Solutions.