A condominium isn’t at the top of every buyer’s wish list, but they are ideal for many clients. With everything from small, four-unit buildings to towering complexes with hundreds of units and extensive amenities, condo buyers have vast choices. Buyers of condos also vary widely, including people seeking starter homes, buyers desiring a second home, retirees, and investors. As a result, condos are a diverse market that presents unique challenges for buyer’s reps.
12 Key Considerations for Condo Buyers
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Why I earned my ABR®
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I absolutely love helping buyers find the right property and helping them turn their home buying dreams into realities.
Rachel Sheller, ABR®, CRS, GRI, SRES®Portland, OR
Member News
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Low Inventory and Overcoming Implicit Bias
Read moreIt’s clear that 2023 was challenging for homebuyers and agents alike, but 2024 market forecasts signal increased buyer activity.
In the recent “NAR Real Estate Forecast Summit,” NAR Chief Economist Lawrence Yun reported that the number of existing-home sales declined an estimated 18% in 2023 after another near 18% drop in home sales in 2022. That puts 2023 on track as the worst year for home sales since 2008 and 1995. Read Full Issue.
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Scripts on Discussing Your Value
Read moreIn last month’s issue of Today’s Buyer’s Rep, we discussed the importance of clearly and frequently articulating your value as a buyer’s representative. Since recent court cases have brought agent compensation and representation into the limelight, it’s critical that you’re prepared to clearly answer consumers’ questions related to the benefits you provide and how you charge for your services.