Why Work With a Professional Realtor?

Boise Idaho Realtor – Ava Tong, Gold Key Real Estate
FindYourHomeInBoise.com

Realtors are professional members of the National Association of REALTORS®, they are not just agents. Realtors subscribe to a strict code of ethics. Home buyers appreciate the expertise provided by a knowledgeable Realtor, and clearly see the following benefits when working with a qualified Realtor:

1. An expert guide.
   Selling a home usually requires dozens of forms, reports, disclosures, and other technical documents. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes. Also, there’s a lot of jargon involved, so you want to work with a professional who can speak the language.
2. Objective information and opinions.
   REALTORS® can provide local information on utilities, zoning, schools, and more. They also have objective information about each property. REALTORs® can use that data to help you determine if the property has what you need.
3. Property marketing power.
   Property doesn’t sell due to advertising alone. A large share of real estate sales comes as the result of a practitioner’s contacts with previous clients, friends, and family. When a property is marketed by a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.
4. Negotiation knowledge.
   There are many factors up for discussion in a deal. A REALTOR® will look at every angle from your perspective, including crafting a purchase agreement that allows you the flexibility you need to take that next step.
5. Up-to-date experience.
   Most people sell only a few homes in a lifetime, usually with quite a few years in between each sale. Even if you’ve done it before, laws and regulations change. REALTORS® handle hundreds of transactions over the course of their career.
6. Your rock during emotional moments.
   A home is so much more than four walls and a roof. And for most people, property represents the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you stay focused on the issues most important to you.
7. Ethical treatment.
   Every REALTOR® must adhere to a strict code of ethics, which is based on professionalism and protection of the public. As a REALTOR®’s client, you can expect honest and ethical treatment in all transaction-related matters.

Large Network of Tried, Tested and True Real Estate Service in Boise Idaho Real Estate Market

Boise, Idaho Professional Realtor Ava Tong is ready to put her expertise and knowledge to work for you. When you are ready to buy a home in the Treasure Valley, get in touch with Ava.

Why are we the best agents in the Boise area? Get the answer.

Contact Boise Realtor, Ava Tong, to find your Boise, Idaho home.

Website:   FindYourHomeinBoise.com
Facebook: facebook.com/FindYourHomeinBoise
Twitter:    twitter.com/FindHomeinBoise

By Cristina Pescaru, CSP
Real Estate Consultant
Boise, Idaho

I am referring to the fact that for the last couple of years I have been trying to convince people to purchase when they found something they liked, and not wait for the better deal. Now, nationwide, people are starting to realize that the much vaunted “buyer’s market” is not quite as friendly to buyers as they thought. Don’t take my word for it: Realtor.com reports that inventory is at its lowest point in four years. 

And the reasons are:

• Sellers who can afford to ride out this slow, unfavorable market are doing so.
• Foreclosed properties are not hitting the market in the great numbers people anticipated, not only because the process is a slow one, but also because banks may be a little reluctant to unleash a great number of foreclosures on the market at the same time, afraid of what that would do to property values.

Boise Housing Market

From my recent work experience with buyers here in the valley I can tell you that nice, affordable homes are few and far between, and competition is great for them. They last only a few days on the market, especially if they are regular sales, and sometimes they command more than the asking price. The housing market is behaving a little contradictory: on the one hand, you see properties selling as in 2004-2006, and on the other the values are down, foreclosed properties linger on the market, and short sales are not moving much faster than they used to.

Boise Home Buyers

Buyers, if you find a house you like, and the financing is in place, move quickly. Waiting for that fantastic bargain is just going to prove the truth of the saying about the bird in the hand vs. the one on the fence. Of course, that doesn’t mean you and your agent should not research the property, the price and comparative values, so that you make the best and fairest offer.

Good hunting all! And, don’t forget: we are here to help.

An interesting article from House Logic – Buying and Selling

This article discusses your choices in real estate representation:

1. Buyer’s Agency
2. Subagency
3. Disclosed Dual Agency
4. Designated Agency
5. Nonagency Relationship
6. And more resources

By Cristina Pescaru, CSP
Real Estate Consultant
Boise, Idaho

We are seeing a slow down in foreclosures in the Treasure Valley, and, as a result, multiple offers on bank owned properties in lower price ranges. For the frustrated buyers, and their agents, it feels strangely like the “boom” years of 2004-2006.

“Combined default filings for Ada and Canyon counties during the first quarter of 2011 were 1,565, compared to 2,405 during the same period in 2010” (Idaho Business Review).

Buyers are still waiting for the bottom to drop, but they may have to wait a little longer, and end up not having their choice. Sellers are waiting for the market to improve, when they should take advantage of the relative quiet in the foreclosure market, and of the weariness of buyers fed up with waiting to purchase “short sales”…Sellers that are not in a “distressed” position are very attractive to buyers, provided that they are willing and able to sell at market value.

In short, “there is no time like the present” applies very well to the situation in real estate today. While it is at times difficult to figure out if we are going up or down, if the multiple offers, and the slowing down of foreclosures will drive the prices up, or not so much, one thing is certain: if you are thinking of selling, now is the time. Sell. If you are thinking of buying, no use in waiting. Buy.