These days, there is much talk about this being a buyers’ market. This is good news for those who want to find a Brooklyn house. But do you remember the story of the fisherman and his wife? A fisherman spared a magic fish’s life, and to show his gratitude, the fish turned the old hovel where the fisherman lived with his wife into a brand new house. But the wife got greedy and demanded that they trade up and up, until they were the proud owners of a palace. Yet that still wasn’t good enough, and she demanded more. Not surprisingly, the fish quickly got fed up and returned them to their little old hovel. As you get ready to find a Brooklyn house, try to keep this story in mind.
Try to see prospective home sellers as the fish. When you find that Brooklyn house you have always wanted, the seller may be willing to negotiate with you, and even bend to some of your demands. But if you go over the top, you’re likely to lose out in the end. If you want to find your perfect Brooklyn house, aim to take advantage of the market – not the seller. Here are a few things to consider:
First, unless a seller is desperate, he or she won’t be willing to unload a house at a huge financial loss. When presenting an offer, strive to be reasonable. Remember, there are other people out there looking to find a Brooklyn house. After all, Brooklyn has been gaining a reputation for being the coolest borough in New York City. Housing prices may have fallen, but you will still need to research the market and see what the going rates are for different areas. Then present an offer that’s competitive enough to get an owner’s attention. Secondly, consider what you have to bring to the table. Your offer may be higher than another buyer’s, but if it comes with various strings attached, a seller may be willing to choose the lower offer and avoid the headaches. Think about ways to make the process faster and less painful for a prospective seller. A third way to take advantage of the market and not the seller is to get the help of an agent. The right salesperson will know how to negotiate fairly with a seller, and also where to find the type of Brooklyn house that will fit your needs.
At Massada Home Sale, our salespersons are fully licensed professionals who specialize in the Brooklyn housing market. With more than 3 decades of experience in selling houses in Brooklyn, Massada Home Sale has gained a reputation for helping buyers to choose the right locations for them. When you’re ready to find a Brooklyn house, our agents will guide you through every step of the purchasing process. You can call us at 718-658-7200 or visit our site to see our current listings. We will be happy to help you find that perfect Brooklyn house, while presenting the kind of offer that will make sellers take you seriously.