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If you’re a buyer in our Madison market, you need a buyer’s consultation.
With inventory levels as low as they are in our current market, a buyer consultation is all the more important if you’re thinking of purchasing a home.
We have less than a one-month supply of homes in Madison, which puts us in a seller’s market. You need to move quickly and decisively to find the right home and make a winning offer.
This is where the buyer consultation comes in. It gives your buyer’s agent an opportunity to learn what’s truly important to you and separate your must-haves from what you’re willing to compromise on. For example, is having a fenced-in yard important or would you be willing to build one later? Do you really need a 4-car garage or can you settle for a 3-car garage?
In a market like this, there are three things buyers are most willing to compromise on:
- Price: Are you willing to pay a higher price if you need to?
- Location: What school district is the home in?
- The home’s condition: Is it move-in ready or will you have to do some repairs?
During your consultation, you’ll also learn what you need to do to be successful in a seller’s market and the importance of a pre-approval and working with the right lender. After the consultation is done, your agent will be ready to find a home you’ll be happy with now and for a long time afterward.
If you’re ready to schedule a consultation with my team, give us a call. In the meantime, compile a list of your must-haves so we’ll know what’s important to you. We’ll ask plenty of questions to help you figure it out. After all, our job is to help you find the right house and negotiate the best terms in the right time frame.
As always, if you have questions about this or any real estate topic, don’t hesitate to reach out to me. I’m happy to help.