After working with a variety of buyers over the past several years, I've come to realize I have a wish list -- just some things I would like every buyer to know and understand so we're sure to use both their time and my time in the most efficient way to find the house they are looking for.
And so I would ask this of every buyer:
Loyalty -- I ask that you work with me exclusively, and that means signing a Buyer Agency Agreement. A lot of time, effort and research goes into looking for a house. I run searches throughout the day for you and forward any new listings or price reductions that I think might be a good fit. I need to know that I am using my time the best way I can, and that I will be compensated for that time and effort.
Get Pre-Approved -- The first step to buying a house is to talk to a lender. Find out what type of loan you qualify for. Find out how much house you can comfortably afford. Find out what interst rate you are looking at. If you don't know the price point you should be looking in, there is no reason to begin looking at houses.
Respond to Emails -- Let me know if the listings I send you are of any interest. If they're not, tell me why. Don't let emails go unanswered.
Keep Me Informed -- If anything about your homebuying plans changes, tell me. If you need to look in a different price point, tell me. If you need to consider other communities, tell me. If you need to put your search on hold, tell me.
Allow Yourself to Adjust Your Needs and Wants -- When we start looking at houses, you may realize that what you really want in a house -- all the updates and features -- may not be feasible with your current budget. That's okay. Most buyers won't know until they actually walk through and see homes what they are comfortable spending and what type of home fits that budget.
Understand There is No House Out There That You Will Not Have to Put Money Into -- Plumbing can fail at any time. A roof can spring a leak at any time. A window can break at any time. A strong storm can cause damage at any time. The water heater can go at any time. Part of owning a home is maintaining it. Be sure to keep that in mind when budgeting.
Understand How Real Estate Agents Are Compensated -- I think many consumers assume that real estate agents are paid a salary in addition to commission. That's not the case. We do not get paid until we close on a property. Therefore, I have to do everything I can to ensure that the buyers I am working with are committed to buying and committed to using my services. I cannot afford to work for free.
I love the job I have of selling homes. Seeing the buyer's face when the key is placed in their hand is something that never gets old. Working together as a team and using our time the best way possible will help each of us to reach our respective goals.