When you are not too concerned about buying a new home or selling your current home, working with a Myrtle Beach real estate agent doesn’t look like a good idea. In fact, it would seem as an added expense to the process for some. On the other hand, if you’re selling your current home and buying a new home at the same time, you might want to rethink hiring a real estate agent.
Below are the five important steps of the simultaneous buying and selling process where you’ll need the help of a Myrtle Beach real estate agent.
- Prepare yourself emotionally, mentally, and financially.
Home buying and home selling can be stressful when done individually. If you’re going through them at the same time, you will need help. Each process has its own share of stress, pressure, and difficulties. Facing these on your own will take a toll on your health and mental state, which makes you unfit to make sound decisions with regards to buying and selling a home.
Working with a real estate agent is like having a room to breathe in and recollect your thoughts and energy. The agent can take care of the inquiries and contacting sellers while you take some time out to re-energize yourself. Plus, if you’re working with an agent who you know and trust, you can allow him or her to make the minor decisions relieving you of further thinking and decision making.
- Talk about the selling process first with your Myrtle Beach real estate agent.
Before taking time to look for houses that you want to buy, you will need to discuss the selling process first with your realty agent. It is highly suggested that you do this very early to ensure you have a reliable outlook of the selling market.
You can opt to browse the internet for information on marketability and value of your current home and discuss the information with your agent. He or she will help you understand better the true value of your home, enabling you to sell it in a fair and reasonable price.
- Work with the agent in learning the buying market.
As soon as you have organized the details of selling your current home, it’s time to work on the details of the buying process. You will have to determine your needs and share this with your agent so he or she knows what types of homes you need or want. Aside from the type of home, it is also important for you to understand the market where you are looking to buy, in order to make sound and irresistible offers.
- Organize your finances and mortgage options.
Use the market value and information you have for selling your current home and buying a new home in organizing your finances and mortgage options with your realty agent. It’s important that you prove yourself financially stable to gain the trust of your buyer, seller, and mortgage lender – if you are considering getting a new mortgage for the house that you want to buy.
A real estate agent can represent you to discuss available mortgage options with a lender while you work out the details of the mortgage on the house that you are selling.
- Make a marketing plan
Now that you’ve made all the necessary preparations, you can move on to making a marketing plan for the selling of your current home and buying a new home. There are many factors to consider when making your plan. These primarily include the changes in the real estate market which can be competitive or slow.
Working with a real estate agent will help you gain better understanding of the current state of the market and which direction it will take; thus, allowing you to make better decisions. Planning ahead and making contingency plans with your realty agent will make the simultaneous process of buying and selling a home easier, faster, and more efficient.
Call Jerry Pinkas Real Estate Experts for more information in hiring a Myrtle Beach real estate agent.
Jerry Pinkas Real Estate Experts
604 N. 27th Ave
Myrtle Beach, SC 29577
Your source of quality information on hiring Myrtle Beach real estate agent.