Coldwell Banker Realty
Coldwell Banker Realty
Vilma Graller, Coldwell Banker RealtyPhone: (928) 899-5030
Email: [email protected]

Assess the Seller's Perspective

by Vilma Graller 02/10/2021

A homebuyer who considers the seller's perspective may be better equipped than others to enjoy a successful property buying experience. In fact, this buyer should have no trouble submitting a competitive offer to purchase – something that may lead to a fast home purchase.

Now, let's take a look at three tips to help you analyze the seller's perspective.

1. Review a Home Listing

A home listing provides a great opportunity to learn about a house. It also enables you to analyze how long a house has been available, a residence's features and other factors that may dictate your decision to pursue a residence.

Assess a home listing closely. If you believe your expectations fall in line with a seller's after reviewing a listing, you may want to consider setting up an in-person showing. Or, if you believe a home does not match expectations, you may want to continue to look for your dream house.

2. Check Out a House In-Person

If you find a home you may want to buy, it generally is a good idea to set up an in-person showing. At this point, you can see how a seller has maintained a house and determine if a home is right for you.

Typically, a real estate agent is ready to respond to a buyer's concerns and questions during a showing. This housing market professional may be able to provide insights into why a seller has listed his or her residence. And as a result, you can use these insights to make an informed decision about how to proceed with a house.

3. Understand the Local Housing Market

The local housing market fluctuates, and it may favor buyers or sellers. If you study the local real estate sector, you can differentiate a buyer's market from a seller's market – or vice-versa.

In a buyer's market, there may be an abundance of quality houses available at budget-friendly prices. On the other hand, in a seller's market, there may be a shortage of first-rate houses, and those that are available may be in high demand among buyers.

Keep in mind how a seller's perspective may vary based on the current housing market's conditions as well. If a buyer's market is in place, a seller may be ready to accept a competitive offer to purchase his or her residence. Conversely, in a seller's market, a seller may be reluctant to accept an offer to purchase that falls below his or her initial home asking price.

Lastly, as you get set to embark on the homebuying journey, you may want to hire a real estate agent. This housing market professional can teach you everything you need to know about buying a house. He or she can help you analyze the seller's perspective and make an informed home purchase too.

Ready to navigate the homebuying journey? Use the aforementioned tips, and you can assess the seller's perspective and boost the likelihood of enjoying a successful homebuying experience.

About the Author
Author

Vilma Graller

Vilma is an Associate Broker; Accredited Buyer’s Representative, and Graduate of the REALTOR Institute. She also holds a BBA a Bachelor of Business Administration Degree with a minor in Marketing from "The Bernard M. Baruch College, The City University of New York".  Vilma is always at the forefront of real estate's professional and industry standards.  Vilma understands the value of having long term relationships with her clients. Therefore, she continually takes steps to remain highly trained and educated in order to keep you well informed throughout your buying or selling process.

Philosophy:

“To build long-term relationships by serving people with client-centered professionalism, focus and the tenacity to get the job done.  Vilma Graller guarantee’s that the expertise she has gained over the last 20+ years of working in the Prescott area market benefits both sellers and buyers.  A transaction is never more important to Vilma than a client, because I care.”

“Service with experience, knowledge and integrity”