Why do you absolutely need a good buyer agent in the 2018 Madison real estate market? The answer comes down to three words: Historically Low Inventory. As our latest home report shows, Madison single family home supply is now below 1 month of inventory.
In the Madison condo market, inventory is down to a historically low 1.2 months of supply.
How does historically low inventory impact buyers?
In a low inventory market, the best properties sell very quickly. That means in today's market the buyers who rely on their own internet searches to find properties and schedule showings usually miss out on the opportunity to buy. Very often they're distracted by properties that already have an accepted offer (hint: this is a very common theme for buyers who use Zillow for their search). Usually, they're late to the game because their competition is taking a much more proactive and exhaustive approach toward finding and buying the right property.
How we help you beat the odds in a low inventory market
When you hire a Mad City Dream Homes REALTOR to be your buyer agent, you receive the support of our entire team. For example, when you need to see a hot new listing ASAP, we're able to get you into the property immediately because all 5 of our agents are here to serve you. Similarly, when you need to write and submit an immediate offer, we make our entire agent team available to you. With our team model we offer the responsiveness and flexibility you need to effectively compete in today's fast-moving market.
Learn more about our buyer agency services
Check out this article to learn more about our customer service model. Then visit our buyer's blog for all of our latest home and condo buying tips.
This article is published courtesy of: Dan Miller, REALTOR Mad City Dream Homes & RE/MAX Preferred