Ability to React Quickly – The second important factor in getting a tremendous deal on real estate is the ability to react quickly to the market and opportunities. The following tips will ensure you have the best chance to secure the next hot real estate deal.
Get Pre-Approved – Consulting a Licensed Mortgage Broker about your plans to purchase property will a) help to ensure that you are not wasting time looking for properties outside of your abilities and b) reduce the length of condition dates when making an offer.
Create Custom Searches/Email Notifications - Some sellers have to sell quickly, possibly because of a relocation, divorce or unfortunate circumstances. Therefore they will price their property aggressively at the start. Often these properties will sell quickly, before even being posted on public listing sites, such as MLS or Realtor.ca. Creating custom searches with your real estate agent will ensure that you receive immediate email notification of the latest listings which fit your criteria so that you can react quickly and not miss out.
Choose a Reliable, Accessible Real Estate Agent – Some licensed agents only work in the industry part-time, while others may travel frequently, be too busy or simply have a number of other commitments that would prevent you from quickly viewing a new listing. This might cause you to miss out on the opportunity to buy a property at a bargain. Ensure the agent you choose can react quickly and within your schedule.
FIND OUT OTHER SECRETS TO FINDING A GREAT REAL ESTATE DEAL
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.