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Update Dallas | A central hub for market and real estate news affecting the Dallas region.

A central hub for market and real estate news affecting the Dallas region.



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Expert Agents: Buying a Home Is Not Just Emotion, It’s Investment

July 16th, 2013 | by The Update
Expert Agents- Buying a Home Is More Than Emotion, It's Investment

While it may be thrilling to read the weekly headlines touting Dallas’ strong real estate market, the pressure of facing multiple contracts, all-cash offers, stringent lending regulations and appraisal issues can make the buying and selling process emotional.

Expert agents from Briggs Freeman Sotheby’s International Realty help clients understand the emotional and investment aspects of buying and selling a home.

Terry Cook

“We are in an ascending market, which means that some homes are receiving multiple offers, often over the list price. Buyers are moving faster and making stronger offers, because there’s confidence in the market.”  Terry Cook

Libby Norwood

“Clients are always concerned with return on investment. But houses are going so quickly that buyers are having to become a bit more emotional to get the home they want. At times, buyers are choosing to pay above comparable values in order get the property that is right for them.”  Libby Norwood

Nancy Dunning

“Even though we are getting multiple offers on properties, many times above asking price, I think buyers are still purchasing from a realistic point of view and making sure they are making a good investment. I tell buyers to not put in an offer unless they are very sure the property is right for them.” Nancy Dunning

Katye Sloan

“Buyers are not just going to jump on something if they don’t love it. They are smart about investment values, so we spend a lot of time going over market data to help in the decision-making process.” Katye Sloan

Click here to read more news about real estate and the economy in Dallas-Fort Worth.

Briggs Freeman Sotheby’s International Realty is Dallas’ luxury real estate leader, with more than 190 agents in five offices located throughout Dallas-Fort Worth and access to the global Sotheby’s network, including more than 11,000 agents in 600 offices worldwide. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty. For more information on escapes and second homesranch and land, and luxury homes in the Dallas-Fort Worth region and beyond, go to briggsfreeman.com.

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