Wednesday, September 9, 2009

Long Island Real Estate Market: Buyer Updates Galore

Part of being a good buyer agent in the Long Island real estate market is keeping the buyer's up to date on everything that's happening in a given area. Despite the vast number of listings on Long Island, for the few buyers that are out there (in comparison to the number of homes for sale), finding a home is fierce competition.

The "good houses" go quick! What do I mean by "good houses"? A "good house" is one that's hot because it's priced right, has certain features like a very clean and move-in condition or nice new hardwood floors or an updated kitchen or baths.

I find myself updating buyers on a more frequent basis now, than ever before. The appetite for that next "great listing" is very high and every buyer out there is licking their chops waiting for the next home to hit the market.

Multiple offers on a "good house" is still very common. Buyers still want a good home to buy. Just because the price on a home has come down 20% doesn't mean it's a good deal.

I use listingbook to keep my buyers updated throughout the day because listingbook is updated every 30 minutes directly from MLS, so if something new happens on the market, my buyers are the first to know about it.

If you're out there, looking for a home to buy, you've got to have an agent who can provide you with updates that matter and could mean the difference between you getting the house you want...or missing out on that next great home!

No comments:

Post a Comment