"Dawna and Rachel were a complete delight to work with. Through their guidance, expertise, and negotiating abilities, I was able to accept an as-is offer, that was over asking price, within one week of going on the market. While the circumstances around the sale were incredibly complex, they managed to overcome every obstacle. It should also be noted that Dawna didn't just quickly list my house for sale to churn out a quick transaction. First, she helped to set up an estate sale and landscaping services. She then set up a home inspection and went on to use that report to receive sub contractor bids for the repairs needing to be made. This helped to create transparency and negotiating power during the transaction, which ultimately led to a quick, as-is sale. Dawna was incredibly communicative, informative, diligent, and thoughtful throughout my first real estate transaction. Her service most certainly exceeded my expectations and I can comfortably say that she will be my local realtor for life. I would highly recommend procuring her services."
- Make an initial decision. Decide if it is more important to get the right property at a fair price or a good deal on a property that may not be as suitable for your situation.
- Learn about today’s market conditions and what sellers may be expecting. Ask your agent to pull comparable sales from the last three months in a radius of property address, with appropriate limits on sq. ft., size, and property features (ie. bedrooms/baths, views, etc.)
- Evaluate the resale potential. The best deals are those that work best for your personal situation, and can meet others’ needs if you ever want or need to sell or rent it out. (For example, a conventionally-sized 3-bedroom 2-bath home will have a larger pool of buyers than a 1-bedroom home)
- Determine long-term and short-term property costs. These may include expected necessary capital improvements like a new roof or driveway, property taxes, loan payments, insurance (include special coverage if applicable), reasonable maintenance and management expenses. Also determine tax benefits that can offset expenses.
- Is it reasonable? Some properties and deals are not buy-able for every buyer. If you think it’s a great price but you’re over extending yourself beyond your budget, or timing is not appropriate for your circumstances, or there are existing leases/easements on the property, then it may not be the right property for you. The right opportunity will be there when you are ready.