Trade-Up Buyer

Statistics show that people live in their first home for an average of 18 months before they consider purchasing a larger, more expensive home. A home has the potential of being an incredible financial investment, and many people are able to invest their current equity into a new home and have a similar payment, larger home and, as is often the case, a better long-term investment opportunity.

If you are considering what Skye calls a “Trade-Up” buy, you are encountering many different issues than a first time homebuyer or someone going through a corporate relocation. You must deal with the “Buy-Sell Dilemma” of deciding whether to buy or sell first – being afraid of having to close on your current home prior to finding your new home and therefore being “homeless” – or being afraid of committing to the purchase of a new home without your current home selling and therefore being “home-home owners!”

Additionally, as a “Trade-Up Buyer” you have a specific list of “Things My Next Home Must Have”, usually based on what you like and don’t like about your current home.

Having a Real Estate agent work for you is essential as you embark on the purchase of another home. Remember, you DO NOT PAY US for this important representation. As your real estate agent, we are paid by the agent representing the seller of the home you eventually purchase. Skye and her team will help you navigate the “Buy-Sell Dilemma” and find the home that has all the “Things My Next Home Must Have.”

Many people don’t realize that when they drive by a home and call the agent on the sign, the agent will be more than willing to show them the home and write up a contract - BUT that agent is obligated to represent the needs of the home seller. If the home buyer discloses important and confidential information (such as finances) to the selling agent, their negotiating ability may be severely hampered.

With this in mind, call or email Skye and her RE/MAX team so they can help you find your next home.