As a real estate broker, the most important thing to me is for my clients to have an enjoyable experience when buying a home. Buying a home can be the biggest purchase someone makes. In order to help ensure that this is as stress-free as possible, here are some pro tips that will help you secure the home of your dreams.
The real estate market has become quite competitive due to lower than normal inventory. If you find a home you like, you will have to be ready to act quickly. You should speak to a lender and get prequalified, this way you will be in a good position to make an offer when you find the perfect home.
Buyer Representation Is Free
The most common reason given when someone is asked why they don’t use an agent is “I don’t want to pay for one.” I know this may come as a surprise, but when agents represent buyers, our service to you is free! Our compensation is determined when the home is listed for sale. The fear of having to pay for an agent shouldn’t deter you from contacting one. Remember, we are here to help you and be a resource.
Sit Down with your Agent and Discuss the Process
Whether it’s your first time buying a home, or your tenth, have your agent explain the process from submitting a contract all the way through closing with you. Paperwork changes from time to time and it’s important you understand what you are signing and agreeing to.
Choose an Agent You Connect With
You want a real estate agent you can trust, communicate with, and is responsive. Your agent should be an advocate for you and is not just trying to make a sale. Make sure they are paying attention to your wants and needs.
Be Openminded When Looking At Homes
Sometimes you are standing in the perfect home, but it’s hard to see it when every wall is painted a different color. If the layout of the home doesn’t work for you, then it’s okay to move on. But if the concerns are cosmetic, that is usually correctable.
You Don’t Need to Put Down 20%
There are all sorts of government programs or incentives available to buyers. Take time to talk with a lender so they can explain different options available to help you buy a home. You may be surprised how little you may have to put down.
Communicate with Your Agent
We want to help you find the perfect home, so the more information you give us, the better. After you’ve determined your absolute must-haves in a home that suit your lifestyle needs communicating them with your agent, allow them to guide your search more effectively and efficiently. Your agent may also be able to provide you with a different perspective and take you to see different homes you may not have thought of. Only a small percentage of my clients buy the home they inquired about.
Article courtesy of Avi Erbst, Associate Broker at CXT Realty | (520) 873-7600 | Avi@cxtrealty.com