LA real estate superstar Aaron Kirman on the one thing homebuyers overlook when making an offer investinyou (In partnership with acorns.)
Buying a home is the largest investment most people will make in their lifetime, yet many people overlook some of the basics that lead to negotiating the best deal. This can induce a realm of emotions, including fear, worry, anxiety and even remorse. The reasons are many: bidding wars ensue, processes take longer than expected, inspections don't go as planned, securing funds can be trickier than promised, appraisals come in low and on and on.that surveyed 2,000 U.S.
As one of the most prominent real estate agents in the country — with clients such as Rihannah, Niki Manaj and Orlando Bloom and nearly worth of home sales over the course of his 25-year career — Kirman has seen it all. But he says timing, research and patience are key.At the end of the day, getting the best deal is most important, says Kirman, explaining that getting impatient and too emotionally invested in a property can lead to overpaying.
He also advises prospective buyers do their due diligence and research every aspect of the property they are interested in, from proximity to a hospital to average price point of surrounding properties. No detail is too small, especially because there is no turning back after the closing.
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