Austin KlarVanguard Properties · Lawyer Turned Real Estate Agent

How to Find Deals on San Francisco Homes 2024

Name: How to Find Deals on San Francisco Homes 2024
Uploaded: 2024-04-11T01:00:13+00:00
Duration: 51 s
Channel: Austin Klar
Description: In this concise video, Austin Klar shares three practical strategies for finding discounted homes or condos in the Bay Area. First, he advises focusing…

11 Apr 2024 · 1 min

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In this concise video, Austin Klar shares three practical strategies for finding discounted homes or condos in the Bay Area. First, he advises focusing on on‑market listings that have been listed for at least 45 days, as newer listings are less likely to accept low offers. Second, he suggests targeting properties that have recently expired or been cancelled and have not been relisted, since sellers may be motivated to re‑enter the market or resolve a failed contract. Third, he recommends researching owners who have recently bought other properties, as they may be eager to offload an existing mortgage and accept a quick, lower offer. The video ends with a call to follow him for more Bay Area real‑estate tips.

Chapters

Looking for a deal on a house or a condo in the Bay Area? Here are 3 things that you can do. First thing to do, if you're looking at on-market listings, focus on ones that are at least 45 days old. If you're trying to get a really good deal, really far under ask on a property that's only been on the market for a few days, chances are your offer's not gonna get accepted. The seller's probably gonna take their time testing the market to see if they can do better. Second thing to do is look for listings that were expired or canceled in the last couple of months and not relisted. The seller might be looking to enlist another agent to sell the property or maybe waffling about whether they really want to sell the property and an offer will get them over the hump. Or sometimes things fell out of contract and they really want to get rid of it. So approaching sellers in those situations can really improve your chances of getting a good deal. Third thing to do is diligence the owners. Find ones that have recently purchased other properties who are probably trying to offload their old mortgage. Chances are they're gonna want to get rid of that really quickly to avoid double payments. Follow me for more Bay Area real estate. Bye.