What To Pay Attention To In Real Estate Listings

If you're planning on buying a home or land, you will spend lots of time looking at real estate listings. When you do, it's vital to pay attention to particular details so you can identify listings with potential and ones with major red flags.

Here are some essential details to notice when you're searching through real estate property listings.

Specific Details about the Listing

A good real estate listing will contain many written details about the property. You should see information on the amount of land you'll get, along with the property's layout—hills, flat land, cliffs, farmland, etc. If it's a home for sale, it should state the number of bedrooms, the square footage, etc. 

Any Problems with the Property

Honesty is vital in real estate listings, so you must hope that the seller is giving you all the details you need to know, including the bad ones. Are there regulations preventing you from developing a particular piece of land, or is the roof on a home in bad condition? Try to find out as much as possible about a property because you might be willing to buy one with some flaws if the price is right for you. 

Images and Video

The more images and videos there are on a property listing, the better. You can read pages and pages of information about a property, but seeing it is much more important. When a property doesn't have many detailed photos, it may be because a third-party company is selling it, and they might not have much information about the property. 

How Long Has It Been on the Market

Many real estate listings show how long the property has been on the market. If a listing has been for sale for a long time without selling, it sometimes means there are issues with the property. Knowing if a listing is new is also helpful in case you want to pounce on it before too many others get the chance to see it.

The Price

It might seem obvious that the price of a listing is essential, but it might be in ways you haven't considered. For example, if there have been price increases or decreases, there might be a reason. 

The Location

You should always consider a listing's location because each town and region is different. You wouldn't want to buy a property in a dangerous area or one with other problems. It's also essential to know what's nearby, in case you want to get a property close to shops, schools, or your job.

About Me

Real Estate Crash Course: The Fundamentals

After inheriting my house from a deceased loved one, I had no idea what it was like to go through the home sales and purchase process. When a medical emergency necessitated selling and moving somewhere else, I was in over my head. Luckily, I worked with a great real estate agent who helped me understand the entire process, from listing to inspection and closing. I created this site to share my experiences and knowledge. Whether you're buying or selling a family home like I did, I hope that it helps you as you venture into your first real estate transaction.

Search

Latest Posts

28 September 2022
So, you're in the market for a lake house. Whether you're looking for a summer getaway or a permanent residence, there are a few things you'll want to

11 August 2022
If you're planning on buying a home or land, you will spend lots of time looking at real estate listings. When you do, it's vital to pay attention to

5 July 2022
If you have residential real estate that you're planning to put up for sale, you need to advertise it appropriately so that you get the interest of bu