Advice for Buying a Single-Family Home in Palm Beach County
The market is moving quickly. This is especially true for homes in specific price ranges. For example, on average, homes in the $200,000 – $300,000 range sell three times as quickly as homes priced $300,000 and above (Source: RAPB local market updates). If you are shopping for homes, and you find something you like, move on it quickly!
Get pre-approved before you start looking for homes. That will save you time and trouble, and, being pre-approved by a lender makes you a more attractive buyer when you do put in an offer.
Make sure you “gel” with your Realtor. First of all, definitely work with a Realtor, even if it’s not us. It doesn’t cost you anything (the seller pays the Realtor’s commissions), but more importantly, buying a home is an incredibly complex process. Take no chances. But, and this is important, make sure you “gel” with the Realtor you choose. How well you get along with your Realtor is extremely important if and when difficulties and problems pop up, as they often do.
It’s for this reason that we always strongly suggest you do not hire your friend, uncle, or neighbor who happens to be a Realtor. Just because you know them doesn’t mean they are experienced or talented. It also doesn’t mean that your personalities match and gel. So don’t do it! Here’s some good advice: when that person asks you why you didn’t hire them, say, “I know a lot of Realtors, so to be fair, I just chose someone who isn’t a friend”.
Want some more free advice for buying a single-family home? Talk to one of our talented Realtors!