Well if you have been watching the Knoxville real estate market you heard that homes sales dropped a whopping 27% last month So what do you do if you live in Knoxville, TN. You want to sell your current Knoxville home and buy another home?? Wait until things get better…when will that happen? From Part 1 we talked about the market from a seller’s prospective. Today I would like to cover today’s market from a buyer perspective and how i think you should proceed in making a smart buy in Knoxville real estate market.
Educate…Take your time to know the market trends and pricing in the area of Knoxville you want to buy a home. Check out on line sites like Zillow.com for values. These sites may not be 100% accurate but they will give you and idea on pricing in different areas around Knoxville. Look at the transfer’s in the Knoxville News Sentinel on Sunday or on line. Your BEST source for values will be a good Realtor who represents you as a buyers agent and is willing to spend the time with you and help you.
Take Your Time…Unless you are under a time crunch to buy take your time and shop around for the best value for you. Have what I call “walk away power” if the seller is unreasonable to your price and terms walk away. There are plenty of opportunities out there for you. Don’t be completely unreasonable but by knowing the market you will know the values and if you are getting a good deal or not. Once again that is where having a Realtor who is on you side will help you in your decision process.
Hire A Good Realtor…A good buyers agent cost you NOTHING… FREE to you so why would you want to go it alone.. Get an experienced agent who is going to work with you and understands your wants needs and desires. Where do you find one…ask your friend, relatives, loan officer the internet. Ask around there are plenty of good FULL time agents out there to help you. Don’t trust your biggest investment to a “part timer” hire someone who is full time in the business. Get someone who want to work for you.
If you are looking for some help let me know. I love to work with buyers. It doesn’t matter to me if how big or small I will take the time to work with you to fine your home. I have developed TheBuyer411.com to make your buying experience painless and stress free as possible. Call me at 865-696-9002 or email [email protected] if I can help you.
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