About Salt Lake City's St. Marys Hills

Our Exclusive Buyers Agent (EBA) was a pleasure to work with because of his laid back, no-pressure approach. His only motivation was to help us find the right house for us, not to sell a home. He never pressured us to consider a home we were not interested in. Rather, he suggested we see many homes so we could figure out what we actually wanted, and what we did not want. When we had a disagreement on which house we liked better, he made sure to let us come to our own conclusion. We are very happy with how it turned out, and neither of us have any regrets.

Our EBA was very knowledgeable about what aspects of a home to look out for. Things we would have not thought to check for (like double paned windows, roof issues, and where ice might build up -- since we were looking in summer). When he did not feel comfortable in assuring us of specific properties like structural soundness and mold he was diligent in arranging for certified experts who we felt confident in. His only agenda was making sure were had no regrets about the home we bought.

Because he only had our interest at stake, we could confide in him as we developed a bargaining strategy without worrying about him leaking that information to the seller. We trusted him to carry out the details of the negotiations and information hunting.

This was our first home buying experience, and hiring an Exclusive Buyers Agent made it much easier than we expected.

We had to buy a house on a tight schedule because of prearranged travel out of the country. We went under contract the day before we left, and would be gone for the next two weeks. Our closing was scheduled just four weeks away.

Our EBA:

• assisted us in mortgage shopping
• arranged professional inspections the day we left,
• performed additional due diligence on our behalf
• hired an additional contractor to confirm mold had been abated, and
• arranged for an appraisal

...all while we were traveling.

Homebuyer Representation is tech-savvy. Our agent communicated and processed documents via the internet. He was flexible enough to communicate with us when we were many time zones apart. We were able to close on our dream house because we trusted him to handle the details while we were gone, and he came through!

We knew he had no conflict of interest, and that gave us great peace of mind dealing with such an important issue while we were half way across the globe.

Jeff & Bei
Research Scientists
Salt Lake City, UT

SALT LAKE CITY, UTAH REAL ESTATE

When the real estate marketing was booming a few years ago many people were buying real estate without evening thinking if the value was there, what the market would do, if the location of the real estate was good, etc etc. The irony now is that the factors then were all against people and now that it is the best time to buy in our lifetime most people won't do it despite all the factors being in their favor.

Fear is driving people to hunker down and wait until we "hit the bottom." The problem with that thinking is that the only way to know that we have hit the bottom is to see an upward trend and by the time anybody sees that you have already missed the bottom. Most people following the herd instinct and the instinct right now is to wait, fear, falter, pause and hunker down.

I am not advocating reckless buying by people who are not in a position to buy. But, I believe that there is significant pent up demand in the market and despite bargain real estate prices, the lowest interest rates in 50 years and a glut of fabulous inventory in the Utah real estate market buyers continue to wait for something that is already here.

The fact is that the economy is the longest recession we have seen since the 1970's and will probably end up being the worst since The Great Depression in the 1930's. Why are few people not buying in the best buyers' market we have seen in our lifetime but buyers were lining up to buy in the greatest sellers' market of our lifetime? People were overpaying, overbuilding and generally reckless with real estate decisions that are now costing them dearly.

I suppose I may have already answered my question but some of my clients are continuing to buy and will do amazingly well when the real estate market, for no good or predictable reason, bounces back and leaves many people on the sideline asking, "Why did I NOT pick up some bargain real estate when prices and rates were incredibly low and sellers were extremely desperate to sell!"