When realtors buy homes for themselves, they leverage their expertise to make smart, strategic choices. Here are four key things they focus on:
1. Location & Neighborhood Trends
Realtors understand that location is everything. They analyze neighborhood trends, school districts, future development plans, and market appreciation potential. They often buy in areas with strong resale value or rental potential.
2. Property Condition & Hidden Issues
Since they’ve seen countless inspections go wrong, realtors look beyond surface-level beauty. They pay close attention to structural integrity, roof condition, foundation issues, plumbing, and electrical systems to avoid costly surprises.
3. Market Value & Negotiation Potential
Realtors know how to spot a deal. They compare recent sales (comps), assess whether a property is overpriced, and use their negotiation skills to get the best possible price, factoring in future appreciation and renovation costs.
4. Resale & Investment Potential
Even if they plan to live in the home, realtors think like investors. They consider features that boost resale value, such as layout, lot size, unique amenities, and whether the property could later be rented out for income.