Well here’s what’s happening, as it always happens, real estate is acting in cycles. Right now we are in a strong buyers market. This is going to mean strong competion between sellers, and more on market for buyers to choose from. People might say that this is a crash, it’s a dip, that is proportional to the massive boost in real estate that we’ve been seeing for th better part of the last decade. The real estate market became bloated by the over appreciation of homes.

What people don’t seem to understand is that this is exactly what needs to happen for our market to maintain, it cannot always be a buyers market, or a sellers market. Things have to transition and stay in balance.

If you’re buying and selling in the same market, in the same price range, it’s really a wash. If you’re moving up, it works in your favor, if you lose 5% on the home your selling you have to take into account the money that you will save on your next home purchase.

Jason H. Gomes

www.GomesHomes.net

Why look through foreclosures, short sales, distressed properties when there is an easier answer?

So why do you need to use a realtor to get a great deal? The short answer is, much of the information is released but not all of it.For instance a great resource for people that are looking to buy, expired listings. Just getting a list of expired listings isn’t necessarily without unrestricted access to MLS, it not widely posted on any major website that I’m aware of. These are people that want to sell, have tried to sell, and have been listed already with a real estate agent. Catching people in the transition between when their listings go expired, and they relist with another agent you can save anywhere from 3-5% off the listing price.

Explanation:For everyone that does not know what I am talking about. When homes are put into the RMLS you need to sign an agreement for the advertisement & sale of the property. These contracts by law need to have a date where they are automatically void. These listings once are voided must be kept on file for a certain period of time (several years). You can actually look at expired listings just like you can look for active listings.

Being creative you can save money, work with people who are eager to sell, and willing to negotiate. The end result getting you a great deal with a good experience for all parties involved.

Thanks for reading!

Jason H. Gomes
www.gomeshomes.net

REALonomics.net advocates that the industry open up the property information portals to consumers and upgrade its approach to how it is interacting with the consumer by implementing more social networking such as www.CityBlogUSA.com, a community blogging network for every city in the USA.

Visit www.REALonomics.net.