Welcome Today’s Savvy First Time Buyers

Compared to a generation ago when first time home-buyers trudged with their agent from place to place with a clipboard and pen, not even sure of where they wanted to live, today’s savvy first time buyer usually begins the conversation with, “This is the kind of home I’m looking for, at this price, and in this neighbourhood”. Then the individual or couple checks their Blackberry or iPod for the latest listings!

According a survey conducted by the National Association of Realtors, 90% of home buyers today use the Internet before and during their home search. It means that once you’ve walked through my door, you’ve already taken advantage of the vast amount of information now available online.

As an experienced agent, I love it.

Working with buyers that are more informed means we spend our time together more effectively. The buyer is also better prepared for their ultimate decision, which is very important in today’s fast-paced market, where clients have to make decisions quickly and may feel pressure because of deals they haven’t been able to make. When clients have a better understanding of the range of prices and inventory of homes available, we both can face a decision with a clear idea of what they want, where and at what price.

Once buyers begin to work with an agent, even more information is available.

For example, Stratus MLS, an internet-based multiple listing service, can only be accessed through your agent. Stratus is the best tool keeping you updated on the most current opportunities. You enter your profile, i.e. what you’re looking for, where, for what price, etc. then each morning, listings are directed into your mailbox that match your preferences.  You never miss a listing, and you get the most recent updates, with no lag between a home’s appearance on the market and its availability.

So if you’re a typical new home-buyer, congratulations! You’re smart, educated and prepared. In fact, you’ve probably already started doing your homework before reading this blog!

I can’t wait to talk with you!

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  • One response to "Welcome Today’s Savvy First Time Buyers"

  • Comment posted on 19th July 2012 at 5:59 Prinzezita

    Thanks for linking to the Realtor.com Top 10 Turnaround Town Report. In adtidion to the activity from foreign buyers, each of the markets mentioned has experienced positive year-over-year median price appreciation, reductions in year-over-year median age of inventory and inventory counts, while also experiencing lower unemployment rates on a year-over-year basis.

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