What to Expect
My process consists of educating you the buyer, providing necessary information, and guiding you in your decision-making role. Remember that you are the true buyer and my responsibility is to advise you to a positive and satisfactory outcome = YOUR NEW HOME!
In addition, I will help you through every step in the home buying process, including finding a reputable lender, getting pre-approved, writing the contract in your best interest, recommending inspectors, making sure inspections are completed and negotiating post-inspection addendums. I will ensure that we complete these items in a timely fashion, staying within the terms of the contract. I will be available to answer any questions you may have along the way. If I don’t know the answer, I have many resources available to me for finding it.
Our First Meeting
At our first meeting we will accomplish a number of objectives to better prepare both you and I for the process of finding your new home:
- First and foremost, we will establish our relationship as we get to know each other. This will be a team effort and we must establish an element of trust as soon as possible.
- I will explain “Buyer Agency” to you and present state required forms for your signatures.
- We will discuss your current housing situation and how that might affect the home search, especially in terms of timing.
- You will share with me your needs and wants for the new home. I will help you sort through what is realistic and what might be unrealistic when balancing features with desired price.
- I will work with you to help you get pre-approved for a mortgage. Sellers and their agents know that a pre-approved buyer is serious and prepared to close on a property quickly.
- We will formulate a plan of action to view homes with special attention to schedules and means of communication.
- We will set up a “Client Portal” search on the MLS to ensure that any homes which meet your criteria
As a buyer, try to keep everything in perspective. Be picky, but don’t be unrealistic - there is no perfect home. Know this and set your expectations accordingly.
- Do your homework before you start looking - decide specifically what features you want in a home and which are most important to you. Be sure to communicate this to your agent.
- Do drive-bys - you will save time by doing drive-bys of potential homes. Many homes can be eliminated because you don’t like the neighborhood, you don’t want a corner lot, you don’t like the cell phone tower in the backyard, the house is too close to the neighbors, or the yard backs up to the highway.
- Urgency - be prepared to look at new listings on short notice. Great homes, priced well, sell quickly
- Don’t ask too many people for advice - it will drive you crazy! Select one or two friends to turn to if you need to bounce off ideas.
- Decide when you can move - when is your lease up? Do your have to sell your current home first? Are you allowed to sub-let?
- Think long-term - are you looking for a starter home with the idea of moving up in a few years, or you planning on staying in the home longer? This decision will dictate what type of home you’ll buy as well as what type of mortgage terms best suit you.
- “Fixer Uppers” - they may not be the deal you think they will be. There are hundreds of investors out there looking for “wholesale homes.” Typically they are strong, cash buyers willing to purchase with NO contingencies. It’s difficult to compete with these buyers.
- Be decisive - good homes sell quickly in any market! If you see the home that you need to have, don’t wait too long. Ask yourself, “How would I feel if this house was under contract tomorrow?”
- Quality, not quantity - running around looking at 100 homes is counterproductive. Select homes that meet your must-have criteria and don’t get distracted.
- Limit your HGTV watching - remember that “reality” television shows about home buying are not real in any way. Having this type of expectation will lead to certain frustration.
I have written a comprehensive Buyers guide for all of my clients. Please click here for a copy.