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<h1>An Open Letter from Real Estate Agents in these Uncertain Times</h1>&nbsp;&nbsp;<img src="https://www.bestrealestateblog.com/wp-content/uploads/2020/03/open-letter-uncertain-times-cover.jpg">It’s a difficult time for everybody, especially those whose health has been affected by the pandemic. It’s difficult for the brave healthcare workers putting their lives at risk trying to heal the sick, and it’s difficult for the men and women spending their days and nights keeping people fed, keeping shelves stocked, making sure supplies are delivered, floors are cleaned, and everything in between.And, it’s probably a difficult time for you too.Modern life is stressful, even without a pandemic. The boss wants you to do more, the kids need to be fed, the bills have to get paid, and the house needs to be maintained. But now, those stresses have all been magnified and laid bare.So what do real estate agents want you to know during this complicated, stressful, and difficult time? And why should you even care? We are, after all, here to serve&nbsp;you.Well, the answer is… that’s&nbsp;exactly&nbsp;what we want you to know: we’re here to help you!And not just that, but we’re in this&nbsp;with&nbsp;you. Uncertainty, doubt, stress, and everything in between affects us just as it does you, and we have the same fears as you do about where the future is headed.That said, it’s not all gloom and doom. There are solid reasons to be optimistic, especially when it comes to housing.First, this is not a housing recession like the crash of 2008, where the collapse of the economy was tied directly to mortgage backed securities and skyrocketing default rates.In fact, of the last five recessions, only 2008 saw home values drop precipitously, while they&nbsp;<a href="https://www.corelogic.com/blog/2019/03/housing-recessions-and-recoveries.aspx" rel="noopener noreferrer" target="_blank">continued increasing in three other instances</a>, and only decreased by -1.9% in (1991).That’s not to say we’re even going into a recession, especially since forecasts from some of the brightest minds in finance predict&nbsp;<a href="https://www.goldmansachs.com/insights/pages/us-daily-20-march-2020.html" rel="noopener noreferrer" target="_blank">positive GDP growth of 12% starting in June (Q3)</a>.Second, this crisis has the attention of the world, and there’s an aggressive push to put an end to it sooner than later. Of course, when we’re in the thick of it, it can be difficult to see the light at the end of the tunnel. But social distancing seems to be working, and nearly every country in the world is dumping massive resources in search of a treatment, and a cure. Almost everyone is doing what they can (or at least have to) in order to give this crisis an end date so everyone can get back to business as usual.So, while we all struggle to adjust to this strange moment of time we’re living in, it’s also good to keep things in perspective.Even though the process has been interrupted or paused in some ways and areas, homes are still selling, people are still buying, and the value that you’ve accumulated, by all accounts, is likely to remain.In short, people still&nbsp;want&nbsp;to buy and sell houses. And while there are certainly many people who will be affected financially due to the pandemic, many others will not. They may not be going into the office, but they’re still employed and doing their jobs—just from home.So, if you want or need to buy or sell right now, reach out, and we’ll work together to get it done in a safe and socially-distanced manner.And if you’ve been considering buying or selling your home, and this current environment has made you rethink things, that’s perfectly okay too! We’re here to guide you and answer your questions at any time, not just when you’re ready to list or buy.We, like you, can’t wait until things get back to normal, and for many of us, simply talking to you about real estate helps things feel normal, so please don’t hesitate to call!And remember, you’re not alone in this.&nbsp;Please reach out if we can help with any of your real estate or non- real estate needs!&nbsp;Wishing you and your family all the best in these uncertain times!&nbsp;Vonda BaileyMy Home Real Estate TeamTX Real Estate Broker / AgentWYLIE, TX469-358-6430&nbsp;&nbsp;

An Open Letter from My Home Real Estate in these uncertain times

Do you want to increase the chances that you get a good deal on a house when you buy one!?
Of course you do. Who doesn&rsquo;t?
But most people go about it all wrong. They think that you have to find a desperate seller, or some overlooked, underpriced home that&rsquo;s a steal.
Sure, those are ways to get a good deal, but there are always people waiting in the wings&nbsp;wanting&nbsp;to scoop those up if and when they appear. But most aren&rsquo;t ready and able to do anything about it.
Here are 6 tips to help you be able and ready to get those deals when you find one.
<h3>1. Be flexible with your closing date.</h3>
This sounds so easy and simple. And it is. Many buyers simply cannot be flexible with their closing date. They need to time the closing on the sale of their home, or the end of their lease, for instance.
People selling their home are no different. This is a super common issue. And finding a buyer who can be entirely flexible is a huge benefit to a homeowner. Such a huge benefit that it can help you negotiate a better price and terms than someone who can&rsquo;t be flexible.
<h3>2. Have cash.</h3>
You&rsquo;ve probably heard the term &ldquo;cash is king&rdquo;. And it&rsquo;s true, to a degree. A homeowner isn&rsquo;t necessarily going to give you a steal just because you have cash&hellip;but they might if they&rsquo;re in a rush, or they&rsquo;ve been burned by a previous buyer who was turned down for a mortgage.
The weight of cash will vary from seller to seller. And, obviously, having enough cash to buy a home outright isn&rsquo;t something a lot of people have. But, if you have the cash, it can certainly help.
<h3>3. Be pre-approved for a mortgage.</h3>
This is also pretty much a basic in the world of real estate. Talk to any real estate agent and they&rsquo;ll tell you this is a must-have.
However, you&rsquo;d be surprised at how many buyers don&rsquo;t have a solid pre-approval in hand when they find a great deal. So, have that figured out and ready, so that when a good deal shows up, you&rsquo;re ready to roll.
<h3>4. Be ready to jump.</h3>
Oddly, a lot of buyers looking for a good deal feel like it makes sense to wait a bit once they find a good deal. Let the owner stew a little bit, and come begging for an offer.
That can work&hellip;
It can also cost you a great deal. All it takes is someone else coming across the deal and scooping it up before you even make an offer. In the least, it can create a bidding war between you and someone else&hellip;and then it might not be such a deal anymore.
Another thing many deal-seekers do is wait to see if a better deal comes around. Deals don&rsquo;t necessarily come around every day&hellip;or week&hellip;or month. Maybe not even that many in a year.
So, don&rsquo;t wait. Go after a deal when you see it.
<h3>5. Go after houses that have been on the market for a long time.</h3>
So many buyers ignore houses that have been sitting on the market for a long time. They often think something must be wrong with the house, or feel like the owner isn&rsquo;t going to listen to lower offers&hellip;so why waste their time.
But, those are great opportunities.
Those sellers are most likely desperate for anyone to simply come see the house, let alone make an offer. Sure, they aren&rsquo;t necessarily going to love you coming in with a low offer. But, since most buyers are ignoring the house, and it&rsquo;s been on for quite some time, the chances of you having any competition are slim. So, you can take more time negotiating the best deal possible.
<h3>6.&nbsp;Don&rsquo;t&nbsp;have multiple real estate agents looking for you.</h3>
So many buyers who are specifically looking for a great deal feel like it makes sense to have as many agents looking out for deals for them as possible.
This backfires. All it leads to is a bunch of agents who&rsquo;re halfheartedly looking for you. Agents will figure out if you have other agents looking for you as well, and will likely not pay you the attention you need if you&rsquo;re going to get the best deal.
Be loyal to one, rather than having a bunch of half-looking, half-caring agents. Be all in.
Your loyalty and commitment to the agent and the process of finding and buying a great deal will pay off.
<h3>In summary</h3>
The best way to find and get yourself a great real estate deal is to be ready. So many people just go around saying, &ldquo;Got any hot deals?&rdquo; to every real estate agent they come across.
However, they aren&rsquo;t actually able and ready when and if the time comes. Or they think that it&rsquo;s about driving a hard bargain when negotiating, or playing some sort of game with the seller.
Nope. The best way to get a deal is to be a solid, ready, and able buyer, who can give sellers something beyond a higher price.

6 Tips To Get A Better Deal When You Buy A Home

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<h2>Recent Articles</h2>Stay up to date with the latest news from My Home Real Estate by checking out the articles below.

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