Believe it or not that is becoming a more common issue in today’s market Outer Banks real estate market. Well priced properties get almost instant interest and often may have more than one buyer making an offer. Recently a local agent listed a house in Nags Head on a Sunday. By the following Wednesday there were two offers on the property. One potential buyer even took a day off from work and drove down from Richmond to see this particular house. It went under contract in just three days. How do buyers find these deals so quick? Is it just good timing or do they have some sort of special advantage?
Today’s Outer Banks MLS system is configured to allow an agent to have an email sent directly to an email address (or multiple email addresses), when a property that meets a specific criteria is either listed or has a price reduction. There are very few limitations on what is used for criteria. For example, an agent can set up the MLS system to email you all residences listed in Kitty Hawk. You can also have the criteria narrowed down to be just single family residences with three bedrooms, two baths, less than ten years old, an ocean view and over 2000 square feet. You are only limited by your imagination and how frequently you want to be notified of real estate activity! Buyers can also use similar tools from Realtor’s web sites or web sites from other third parties. Unfortunately not even the Realtors’ web sites are real time like the MLS system. Most Realtors’ web sites are updated at least once a day. Some third party web sites are updated just once every two or three days and are limited by these infrequent updates.
Of course this type of notification requires you have an email address and you check that email. Scott Team Realty offers a service for folks without email where they receive the notification and then call you. If you are not quite ready to buy yet, then receiving the notifications is also a good way to become more educated about the market. To begin receiving these automatic notifications take some time to talk with a local Realtor about your wants, needs and how frequently you want to receive emails. If you are not ready yet to talk, you can also complete our wants and needs page. We will then configure the MLS system to send you new listings and price changes at a level that matches your level of interest.