My Blog May 23, 2023

Choosing the Right Real Estate Agent for You

 

Choosing the Right Agent. Knowledge is Power.

As I reflect on my 22 years as a full-time Realtor, I have experienced some significant real estate market ebbs and flows. There have been the hypermarkets, the correcting markets, the slow markets, and the ultra-competitive markets.

Shortly after I became a licensed agent in 2001, homeownership peaked at an all-time high and the market and home value growth was at the highest level in decades.

Then came the onset of the 2005 Housing Bubble. 2007 and 2008 brought global stock market corrections and falling home sales. 2009 began the wave of foreclosures.

Now fast forward to the 2020 pandemic market that saw housing gain more value in any year since 2005. Super-charged demand drove intense competition among buyers adding to the large Millennial generation aging into prime first-time buying age and near lows for mortgage interest rates. The high demand did not stop in 2021, which was a banner year for the metropolitan Chicago area and buyers were still working remotely. Multiple offers, bidding wars, over-list price sales prices, escalation clauses, and appraisal gap addendums became commonplace elements of offers.

2022 saw a bit of a cool down but intense demand continued for homes that were located in highly desirable locations and in updated condition.

Now enter 2023 where we are just beginning to see a just a bit of a price cool down in the hyper-competitive markets. Tight inventory continues as do multiple offer scenarios. There is great value in working with an agent that is comfortable with navigating these conditions and situations.

Read below some of the benefits of working with a tenured and trusted real estate agent that has navigated both strong and market corrections.

  • Knowledge of the market: I have a deep understanding of the local market, including current trends, prices, and inventory. This knowledge can help you make informed decisions about buying or selling a home.
  • Negotiation skills: Having experience in a variety of market climates, I am a skilled negotiator who can help you get the best possible price for your home. I know how to work with sellers and their agents in order to create win-win outcomes.
  • Access to resources: I have access to a wide range of resources, including listings, market data, and lenders. This can streamline the home buying or selling process.
  • Peace of mind: My goal is to give my clients peace of mind knowing that you have someone who is knowledgeable, experienced, and on your side. They can handle all the details of the home buying or selling process so you can focus on what’s important to you.
  • Expert advice: An experienced agent can provide you with expert advice on everything from financing to home inspection. This can help you make informed decisions that will benefit you in the long run.
  • My goal is to help you navigate the complex processes of a real estate transaction and make sure you get the best possible outcome.  Contact me today for your personalized real estate game plan. 

If you’re thinking about buying or selling a home, it’s important to interview tenured agents before making a decision. Ask about experience, qualifications, and what they can offer you. Choose an agent who you trust and feel comfortable with and who you believe can help you achieve your goals.