Once you’ve hired a REALTOR, ask them about the excellent tools and resources they provide. Not only can your REALTOR explain how the buying process works, they will also be able to offer you tips and tricks to make the process as efficient as possible.
Tools can save you time and money!
Web-based tools, like Private Client Services (PCS), will significantly limit the amount of time you spend in the early stages of your research. PCS, for instance, allows you to set and manage a specific search criterion and receive email updates when suitable listings hit the market! It’s also updated 32-76 hours before other real estate search engines, like Realtor.ca or MLS.ca, so you will usually have a head start on other buyers!
Once your account is created, PCS will notify you with new listings, show active listings on the market, and let you know in real-time when a property sells and for how much.
Why do you need sold prices? Well, anyone can list any property at any price – it’s what the property sells for that matters! Access to sold prices will enable you to monitor the market in your area of interest, compare list prices versus sold prices, and help you identify good value.
Want to know how much your property is worth? Set up a building specific or street specific search and monitor what your floor plan or style of house is selling for!
Don’t limit your options!
In the early stages of your research, try to keep an open mind and consider properties outside of your initial scope. Keeping an open mind will allow you to see what’s out there and give you new ideas.
See as many places as possible! After you have accessed tools like PCS and reviewed listings, it’s time to get out and see some properties! Note the V numbers and addresses associated with the listings you like and email a list to your REALTOR with the day and times when you are available.
Now let your REALTOR go to work, setting up the appointments and getting you information about each listing. Remember to ask your REALTOR a lot of questions about the different products on the market. After all, it’s their area of expertise! Your REALTOR is dealing with different product all the time. Chances are he/she might already have a few places for you in mind.
Communicate with your REALTOR
Make sure that you are very clear about your specific needs!
Need a water view? Require a balcony for BBQing? Can’t stand traffic noise?
The sooner your REALTOR understands your needs, the sooner he/she can help you find your ideal property. The success of your REALTOR’s ability to help you is completely dependent on the knowledge they possess.
Want to sign up for Private Client Services? Create your own account at www.vancouverhomesteam.com