Wednesday, April 13, 2016

Many Research Tools Available to Utah Ski Property Buyers

Click here for the latest Utah Ski Country Real Estate Comparative Statistics for the past six months, including Number of Units Sold, Median Sales Price, % of Original Listing Price, Median Price Per Square Foot, and Median Days on the Market. This data is organized by ski resort area.

Search for Utah Mountain and Ski Resort Real Estate. 

THE NEWS For those interested in the purchase of property in Utah's ski country, there is a wealth of research tools and material that are available with a click on your computer or smart phone.

A knowledgeable real estate agent dedicated to assisting you in finding the property that best suits you is indispensable - both in locating the property and then in navigating the daunting, arduous process of making offers, counter-offers, writing addendums, and actually closing on the property. But there are numerous, highly informative and helpful tools a prospective buyer can utilize to initiate and refine their search while looking for that "perfect fit" of an agent.

The MLS, or multiple-listing-service, used to be accessible only to real estate professionals.  There is now a public MLS for Utah (www.utahrealestate.com/index/public.index), which allows anyone to search through the vast majority of listings (everything other than "For Sale by Owner"/FISBOs) that are available.  Searches can be refined by zip code, type and size of property, price, etc.

There are three privately or publicly owned national online listing services which are also very helpful, and do feature FISBOs and adds/promotions for certain agents who pay for the exposure.
These listing services are http://www.zillow.com/; www.trulia.com/, and www.realtor.com/

And of course there are numerous hard-copy real estate magazines available in most local areas which feature many properties.

The Utah Ski Country Real Estate Comparative Statistics, a feature of this blog, allows prospective buyers an opportunity to compare vital sales statistics such as median price, price per sq. ft., days-on-the-market, etc., for the different ski resort real estate markets.  This data is updated monthly and shows comparisons with the previous six months data.

Armed with the statistical sales comparisons of the geographical areas you are interested in, and after researching and perusing the properties listed on the MLS and other listing services that fit your criteria, it's time to locate the real estate agent/agency that will best suit your needs.  As with many professions, there are excellent, highly knowledgeable, dedicated  hard-working real estate agents in the area(s) you have an interest in.  And there are likely quite a few who do not fit that description.  Ask questions.  Carefully examine agent and agency websites.  Look at sales histories.  Talk to references of at all possible.

Again, the real estate sales process is highly regulated, detailed and labor-intensive, and a real estate professional, if not absolutely necessary, is a terrific asset.  It won't cost you a penny, as the seller pays the agent's commission. There is no good reason not to hire an agent.

No comments:

Post a Comment