When buying a home, you consider size, location, resale value, and a variety of other factors. Among all of these details, price may be the category that stands out the most. Fortunately, there are proven ways to get a deal on real estate and make a budget-friendly offer on a new home. The following guide will provide some basic tips to help you secure this deal. 

Buying a New House?  Here are 5 Tips to Get The Best Deal

1. Find the Right Realtor

With a professional, knowledgable realtor on your side, you can narrow your home search and navigate your best options. With local knowledge, they will be there to help you determine which areas will have the best prices on quality homes. The right realtor will also have the negotiating skills to get you a deal on your dream home. 

2. Get Pre-Approved

Many home buyers wait until they find a home they love to get approved for a loan, only to find out that they can’t afford it. By getting pre-approval, you can know which homes are within your reach from the start and avoid disappointment down the line. A budget-conscious search will get you closer to a deal on real estate. 

3. Research the Market

By understanding the local real estate market, you can determine how quickly you need to move through the home search process and whether you can make offers below listing price. If you are in a seller’s market, you might not have as much flexibility as those in buyer’s market. Your realtor will help you understand the market and how you compare to other home buyers. 

4. Be Flexible

While you certainly have priorities, it’s important to know what compromises you’re willing to make to save on a home. For example, you might need to sacrifice on neighborhood and size in order to secure a better deal. Work with a realtor to consider these needs and determine where you can be flexible. 

5. Start Early

If you rush into the home buying process, you may be more likely to settle for a high price or a home below your standards. By starting the home hunting process as early as possible, you allow yourself the flexibility to look around and get a feel for the market. This can help you find the sweet spot between your ideal home and price. 

Ready to get a deal on local real estate? The professional realtors at Amber Lube, Keller Williams Realty Concord/Kannapolis are here to help you find your dream home for the right price. With local knowledge and attention to detail, Amber and Leaurel can guide you through the market and use their negotiation skills to get you a deal. You can contact Amber Lube at (704) 577-5966 and Leaurel Lube at (704) 467-0685. To browse current real estate listings, visit their website.