Let’s face it, buying a home can be a stressful task. The simple acts of finding, negotiating, and closing on a new home can be fraught with more than a few minefields, along the way. Here, I have collected a few articles that may be of assistance.
Finding the Right Agent – Character matters, at least that’s what consumers are telling the National Association of Realtors they look for most in their agent. You may feel an obligation to work with you mom’s friend’s daughter’s son, but be sure you are doing your due diligence when it comes to finding a professional to take you through the process of buying your next home.
Too Big to Succeed – What if you learned that your agent was too busy to keep your real estate needs front and center in their negotiations on your behalf? Is it possible for an agent to be too big for your success?
Guaranteed Sale Program – Sketchy real estate practice or practical solution? You’ve heard the commercials, they’re enticing, for sure. An agent will guarantee the sale of your home if you work with them to buy your next home. Except, there is nearly always a catch… (I actually lost online “friends” over this one!)
Antiquated Real Estate Practices, Ep 1 – Exclusive listings. While not immediately a buyer side concern, it is still a practice that you should be aware of, as a buyer in a low inventory market. Chasing a home that has not been exposed to the open market will likely lead to overpaying for the home. Heck, there’s even a real estate coach designing a course around the practice, for just that reason.
Low Inventory Buyer Options – Do you know what it means to be a buyer in a market with not enough inventory to meet demand? I’m sure you know how it feels: it feels like the whole market is against your dream of finding a home! How does a buyer win in this market?
Mortgage Lender’s Role – Buying a home is a team sport. Buyers typically work with an agent, a lender, an inspector and a few other professionals to close on the purchase of their home. The buyer, the lender, and the agent need to be on the same page. Here’s a guest post on the role of a mortgage lender in the process.
Thin Inventory. Fat Opportunity. – Being a buyer in today’s market can be a challenge. Be sure that you are working with an agent that understands exactly those challenges, and how to maximize them for your benefit. It is merely tough to secure a home for purchase, not impossible. An agent that knows how to get the attention of the seller, on your behalf, is worth their weight in gold.
Real Estate Portals and your Agent – Don’t become a real estate commodity. Know what you are getting into when you engage with third party real estate portals online.
Multiple Offers – How does a buyer win a multiple bid scenario? Check out these tips to help ensure your offer is at least acknowledged, in a multiple bid scenario.
Tale of Two Transactions – Communication is key; with your agent, your lender, and between agents. A story of two real estate transactions.
Want to discuss next steps in your house hunting process? Fill out as much or as little of the following survey, and I will be in touch to assist you.