McGuire Real Estate

Everything You Need to Know About the Buyer's Perspective

by Eun Young Lee 01/12/2020

Evaluating the buyer's perspective is a must for anyone who want to achieve the optimal results during the house selling journey. Because if you understand the buyer's perspective, you can promote your residence to the right groups of individuals at all times. And as a result, you should have no trouble generating lots of interest in your house.

Now, let's take a look at three tips to help you analyze the buyer's perspective before you list your residence.

1. Review Your House's Strengths and Weaknesses

Your home may be an attractive option to dozens of potential buyers. Meanwhile, if you identify your house's strengths and weaknesses, you can determine what separates your home from other available residences in your city or town. You also can explore ways to transform assorted home weaknesses into strengths.

Oftentimes, it helps to conduct a home inspection. This evaluation enables a property expert to analyze your home's interior and exterior. After the inspection is complete, you will receive a report that details your house's strengths and weaknesses.

Thanks to a home inspection, you can obtain comprehensive insights into any underlying home problems. You then can take steps to address these issues, and ultimately, boost the likelihood that buyers will fall in love with your residence as soon as they see it.

2. Assess the Local Housing Market

Take a close look at the local housing market – you'll be glad you did. With real estate market insights in hand, you can map out your house selling journey accordingly.

Generally, it helps to differentiate a buyer's market from a seller's market. If you evaluate the local housing market, you can determine if a buyer's or seller's market is in effect.

In a buyer's market, many homes may be available, and they may require several weeks or months to sell. Or, in a seller's market, houses may sell shortly after they become available.

By differentiating a buyer's market from a seller's market, you can create a plan to showcase your residence to buyers. Once you have this plan in place, you'll be better equipped than ever before to streamline the house selling journey.

3. Consult with a Real Estate Agent

When it comes to evaluating the buyer's perspective, you may want to work with a real estate agent. This housing market professional can offer homebuyer insights that you may struggle to obtain elsewhere. Best of all, a real estate agent will help you quickly sell your house and ensure you can maximize your home sale earnings.

Furthermore, a real estate agent is an expert resource that you can rely on throughout the home selling journey. And if you ever have home selling concerns or questions, a real estate agent is ready to respond to them at your convenience.

Perform an in-depth analysis of the buyer's perspective – use the aforementioned tips, and you can gain the insights you need to stir up buyers' interest in your residence.

About the Author
Author

Eun Young Lee

Eun Young “EY” Lee has been living in San Francisco for the last 17 years. Over those years she has fallen in love with this beautiful city, the great food, incredible parks and mild weather. She enjoys exploring San Francisco’s different neighborhoods and seeing the unique character of them all. This exploration of the City and its neighborhoods sparked her interest in real estate.

EY grew up in New Jersey and New York, and is a graduate of the University of Pennsylvania. She has over 15 years of experience in market research and client services. Her success in the corporate world was derived from understanding her clients’ needs. This translates to a real estate agent who excels at assessing what each client wants and needs. This, combined with her knowledge of San Francisco, positions EY well to help clients find and sell their home by the Bay.

When not working, EY is an avid tennis player and can be found playing tennis throughout the city from Golden Gate Park to the Golden Gateway along the Embarcadero. She also enjoys making pottery at the Sharon Art Studio, skiing, and enjoying all the great food in the City and the Bay Area.