If you’re moving to a city like Seattle, where there’s a lot to see and do, the excitement of house hunting can quickly become overwhelming. While you can start your search with homes for sale in Queen Anne, WA, here is a guide to help you navigate the housing market.
1. Know What You Want
Many home buyers enter the market blindly, expecting to find the perfect home. However, if you don’t have a list of must-haves, you can end up searching for longer or missing out on great opportunities.
Make a checklist of your living requirements, such as if you want a condo, apartment, or house. What is the minimum square footage you’re willing to live in? Does your new home have to be pet-friendly? Which is more important—a shorter commute time or a lower house price? What amenities are you looking for exactly?
Once you have a list of preferences, you can narrow your search to houses that tick all the right boxes.
2. Manage Expectations vs. What Reality Might Be
The Seattle housing market is highly competitive, and homebuyers should know this.
Home prices have been steadily increasing over the years, and it appears that this trend will continue into the foreseeable future. Furthermore, in today’s real estate market, sellers can choose from various buyer offers. If you make a low offer on your dream home in the hopes of initiating negotiations, you may not hear from the seller again if they believe you’re not worth the effort.
It’s vital to remember that Seattle’s housing supply is low enough to keep the market unbalanced. Because you’re unlikely to get everything on your wish list, you’ll need to manage your expectations.
3. Hire the Right Real Estate Agent
Simplify the buying process by leaving the heavy lifting to the professionals. A licensed agent will help with your search and even fast-track it since they can spot choice properties before they are listed online.
They can also assist with the negotiations, bringing you closer to a good deal. Look for an expert who can do a deep dive into a seller’s circumstances to develop terms favorable to you, the buyer.
4. Research Neighborhoods
Broaden your search by including surrounding areas of your ideal location. If you want to live near Seattle without paying a hefty price tag, look for homes for sale in Queen Anne, WA. It is close enough to downtown that you can take advantage of what it has to offer–without paying the high price tag.
Aside from working with your agent, consider driving around your preferred neighborhoods and seeking out “For Sale” signs on yards. Not all sellers have the time to list their properties or hire someone to do it for them.
5. Be Patient, but Don’t Hesitate
Attend as many open houses as possible to get a sense of different homes and the market. However, after you’ve found your dream property that’s within your price range, make an aggressive bid. Other customers are likely to desire it as well.
Make sure you’re prepared for a quick relocation by having the money for a down payment as well as the documentation for mortgage financing. That way, you can avoid the disappointment of having to let go of the home you want.
Begin Your Buying Process Here
Finding the right house in a competitive real estate market like Seattle can be challenging, but the tips above will make the process easier. Get started with your search of homes for sale in Queen Anne, WA, now.