Here’s Everything You Should Know About Old Houses (and Why You Should Buy One)

Market Source 928 N Terrace Hills

Buying old houses for restoration may seem like a beautiful idea. You’ll get to make the best of the property’s original features and bring a new lease on life to an old building. But there are some things that you’ll need to consider before taking the plunge. 

Older properties tend to be filled with character and charm. But what are the benefits of an old house? And what do you need to know about buying an antique home?

In this article, we’ll discuss why you should remodel an old home. 

Old Homes Are Cheaper Than New Homes

What differentiates an older property from a newer home? Largely, the materials that it’s built out of and the type of construction that’s gone into the home. 

Typically, a house can be considered old if it was built more than fifty years ago. 

Because an older home may be in need of some modernization, they are often cheaper to buy than new homes. This makes them ideal for first-time buyers, real estate investors looking for rental properties, and those looking to flip a property. 

Old Houses Are Often in Established Locations

When it comes to buying a property, location is often a key factor. That means how far it is from amenities such as schools and convenience stores. Because of the way that towns and cities are planned, older properties tend to be in very established locations. 

In the Salt Lake area, vintage homes tend to be in areas such as 9th and 9th, close to the University of Utah, the Avenues, and Sugar House. All of these are very desirable areas to live in and have very established communities. 

Old Homes Have More Character

Older properties tend to have a lot more charm and character than new builds. Often, old houses have period features that are quite unique and add real value to the surroundings. 

If character is what you’re looking for from your home, then you’ll not go wrong with a vintage property. 

Why You Should Work With Vintage Home Experts

When it comes to buying old homes, you’ll want to work with experts. Monique Higginson is an expert in restoring and selling vintage homes. She personally lives in an antique home and has had to carry out major repairs to 25 vintage homes in Salt Lake Valley in the past. 

A vintage home expert such as Monique will be able to advise you based on their in-depth knowledge of the various construction phases and problems that you might be met with when it comes to restoring an antique property. 

Restoring Old Houses 

Restoring old houses can be hard work, but it’s certainly rewarding. The benefits of owning a vintage property make the hard work you’ll need to put into restoring them all worthwhile. 

If you’re looking to buy an old house in the Salt Lake area, get in touch with Market Source Real Estate today or browse the range of properties for sale

Benefits of Working with a Certified Negotiation Expert

Certified Negotiation Expert

​Buying a home is an intimidating process. You’re looking for a great neighborhood to settle down in and a house that fits within your budget. 

After you find a house that fits your criteria, it’s time to talk about finances. The housing market is constantly fluctuating, so you’ll want to make a reasonable offer before prices go back up again.

Your offer isn’t accepted, and now you’re in a back and forth with the listing agent. Home negotiations can be challenging, so that’s why many people hire a certified negotiation expert to get the job done. Let’s look at why you should use negotiation experts when buying your new home.

What Is a Certified Negotiation Expert?

A certified negotiation expert, or CNE, is a real estate agent who has taken extra steps to increase their negotiation skills. The courses help them to stand out in a room of their competitors.

Most real estate agents don’t have a CNE certification. Less than 5% of agents in the US do. The training is rigorous, but it shows how dedicated they are to their job and how they can help you acquire your new home.

How Agents Become CNE

Most real estate agents take a two-day intensive CNE training course. Classes they take can cover a variety of topics such as:

  • Different negotiation styles
  • The psychology of buying
  • Persuasion principles
  • Planning methods

After they finish the course, they become a recognized CNE. Some real estate negotiators try to become master certified negotiation experts. It further enhances their real estate industry knowledge and credentials.

Benefits of Hiring a CNE

Hiring a CNE can help ease the tremendous burden that comes along with looking for a new home. Our CNE agents have the additional training needed to help you get the best deal for your home, such as:

  • Expert negotiation skills
  • Knowledge of the market and tactics used by sellers
  • Understanding the psychology of body language giving us the edge during negotiations

Knowing that your real estate agent has these skills helps remove any worries that you may have. Placing your trust in a CNE can save you a lot of money in the long run.

Our CNE Designated Agents

At Market Source Real Estate, we have two of the top CNE agents in Salt Lake City. Monique Higginson, our owner, has over 18 years of experience in the real estate industry. She understands the Salt Lake City market and has helped hundreds of clients land their dream homes with her CNE designation.

Our other CNE, Jennifer Holmstead, has over ten years of real estate experience. She understands that your home can become your most significant financial asset over time and can provide autonomy in the future. Jennifer also managed a local business for over 15 years, which magnifies her experience in negotiating.

Hire a Certified Negotiation Expert for Your Dream Home

Working with Market Source Real Estate means working with a certified negotiation expert. With our negotiating skills, you can relax knowing that we’ll get the best deal for your dream home. 

If you’re ready to start looking for a home, contact our real estate agents to help you get started.