It seems like every month there is a new website offering deals on everything from electronics to travel. In fact, the “coupon industry” is booming.
This trend has conditioned people, more than ever before, to look for bargains and become determined to pay well below the market price for merchandise. There’s nothing wrong with that. We all want a deal!
But when it comes to shopping for a home, bargain hunting can be a bad idea. Even though our market here in Hot Springs is NOT the crazy seller markets like some areas of the country, bargains that seem to be too good to be true are often NOT what you expect them to be once you get inside.
First of all, the real estate market is competitive. The overwhelming majority of homes sell for a price that is at, or close, to their respective market values. Your chances of finding a property that is listed significantly below its market value is slim to none.
Secondly, if you become fixated on finding a bargain, you may not notice all the great properties on the market that are within your price range and meet your criteria. (PLUS, they will be move in ready)
In other words, you may inadvertently pass on what may, in fact, be your next dream home.
So, when shopping for a new home, focus on finding the right property at the right price, and not on finding a bargain.
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Licensed to sell real estate in the State of Arkansas
The HSMLS Data on this site was last updated: 2018-06-17.
Information deemed reliable but is not guaranteed.
The data relating to real estate for sale on this web site comes in part from the Hot Springs Data Share Program of the Hot Springs Multiple Listing Service. Real estate listings held by Brokerage firms other than Meyers Realty are marked with the HSDS logo and detailed information about them includes the name of the listing brokers.
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