Why You Need A Neighborhood Real Estate Specialist

Looking to sell your home or buy a new one? One of the most important first steps to take is to find a neighborhood real estate specialist. This is especially important if you are considering short selling your home or buying a short sale. A neighborhood realtor will know about the neighborhood home sales of the area whereas an out-of-area realtor will not.

Why you should work with a neighborhood realtor

  • Local realtors will know why some homes on the same street are worth more than others. They can determine fair prices on specific homes in the neighborhood.
  • They know who previously owned homes in the neighborhood, and why they sold them.
  • They know which streets in a neighborhood are more desirable than others, and they know which streets may have undesirable neighbors who may influence value.
  • They know the listing agents in the area and can negotiate with them and also get inside information. They know which agents take overpriced listings and which take listings at market value.
  • They can refer you to local home inspectors, and they know if there are any inspections that should be performed that are specific to the area.
  • They know about home owner’s associations that may be in the neighborhood, and what their rules and regulations are.

Finding a neighborhood real estate specialist can mean finding a great short sale deal and going into the contract with all the local information you need.