What is the impact of this for a house buyer?
The first impact is, of course, to restrict the choice of houses that needed some work or renewal, or have a disability or that were considered too expensive. Everything is not lost to the buyer, since a small amount of attractive houses still come to the market correctly, but as soon as they are announced, they sell in a matter or week in the first visit of a buyer.
This means that searches months before a purchase are no longer useful, since you will find that the best houses are sold even sometimes days before reaching the region.
So what is the best approach to buyers who are not based locally?
The 2 solutions we compromise are:
- If you do not know the areas in southern France well enough and you need to visit the region, as well as the properties, it is best to do an intensive search 20 days before coming with the help of a property search engine such as Smartfinder Home. It is useful to make an early search on property websites, but more as an educational exercise to help identify the type of property you want.
- A second more innovative approach, adopted by some of our clients who know the French Riviera, is to execute a margin and jump into a property that meets their needs as it appears in the market. And if you do not live locally, ask us to make a virtual visit of the house to obtain objective comments instead of a sales argument, along with videos and photo boxes. You can then negotiate and agree on a price and make the confirmation visit immediately after.
Due to the current scarcity of the houses, we also sacrifice the “letter” assistance to the search for its property, special adapted to budgets below 400K:
- A formal training/training session on how to find and buy a property in southern France
- A in advance of the 10 most adjusted properties + share their criteria with the main real estate agents
So, to help you in this competitive market, you have at your disposal new ways to carry out the project to buy your home!
