TOP PRODUCING AGENTS

May 2023 by company

ARE YOU A REALTOR?

Do you already have a Brokers license, but are not a member of the Coldwell Banker Brown Realtors Team?

If you are reading our online magazine, you can already see how our creative approach attracts clients! We would love to discuss the other benefits Coldwell Banker Brown Realtors can offer if you join our team!

► No annual desk fees.

► Four commission plans so we can accommodate your desired income goals at various levels of production.

► Company provides extensive advertising campaign at no cost to you; no required ad fees.

► No technology fees.

► Signs, sign installer, and lockboxes at no cost to you.

► Company provides color copies, office supplies, postage, business cards and badge. Reduce your personal office and

► Non-competing managers whose full time job is to support you.

► Company supplies full time secretarial support staff; less time you will spend inputting and managing the clerical side of your business so you can spend more time finding new clients.

► Company pays for lead generation through top partners like zillow, realtor. com and trulia.com to attract client leads for our REALTORS. Less cost you have to pay for lead advertising out of your pocket.

How to Make an Offer on a House

Buying a home in today’s market will likely require you to make an offer on more than one home.

In fact, 42% of buyers who make an offer on a home do so multiple times before succeeding in buying one, according to the Zillow Group Consumer Housing Trends Report 2021. Multiple offers was most common among Gen Z and Millennial buyers, ages 18 to 40.

Competing against other buyers can be an emotional experience, especially if you’re doing it for the first time. That’s especially true in a sellers’ market, where there are more buyers than homes listed for sale.

The good news is you don’t have to go it alone. A good local agent can help you craft strategies that help you stand out, regardless of the conditions in your market.

If this is your first time buying — or if it’s been a while since you bought a house — here’s an overview of how the process will typically unfold.

Steps to putting an offer on a house

1. Find the right home

Attend showings and open houses, search on Zillow and review listings picked for you by your real estate agent. If you’re serious about shopping, you can level up your search by using technology to alert you to new listings that fit the home characteristics you’re looking for in the neighborhood(s) of your choice.

2. Determine if the home fits your budget

It’s time to run the numbers. Do you have enough for the down payment? Can you afford the estimated monthly payment on the home? Most mortgage lenders will include property taxes and homeowners insurance in your monthly payment so be sure to take them into account. If you’re in a planned community or condominium, add in any homeowner association dues.

3. Compare the home price to other recent sales of similar homes nearby

Have your real estate agent run “comps” or comparisons, which will show you what similar homes in the area are selling for and/or have sold for in the recent past. The comps will give you a feel for whether the seller is asking a reasonable price for the home. If you’re searching on Zillow, each home listing includes a section showing comparable homes for sale. The information could help you shape your offer if the price of the home you’re making an offer on is considerably higher than the comps.

4. Determine your offer price, contingencies and timeline

In a competitive market where multiple offers are submitted, contingencies and timeline can be the deciding factors in whether your offer is accepted. If you’re buying in a seller’s market, be sure to ask your agent for insights on what could make your offer more attractive to the sellers whose home you want to buy.

Every seller has their own needs, possibly including time to