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Buying Your First Home

If only I knew then what I know now....

I was only in my early twenties when I bought my first home. In fact, I wasn't planning on buying a home at that time, it just happened. I was looking for a home to rent when I walked into a open house, I thought perhaps the seller would consider renting it to me. What I didn't realize is the real estate agent who showed us the house was working for the seller!

I didn't understand certain things, like why it was important to have a home inspection,closing costs, mortgage contingencies or even what an earnest deposit meant! Most importantly, I never knew the real estate agent wasn't working for me.

Back then traditional real estate agents represented the seller. Buyers had to rely on the sellers agent to walk us through the home buying process. Which explains why I was so stressed out buying my first home. I had many questions that the sellers agent simply could not explain, leaving me to figure most of it out on my own.

Luckily, things have changed since then. Buyers are now being represented by Buyer Agents and they should be, the home buying process is very complicated. You should work with a real estate agent who is representing you throughout the purchase of your new home. The best part is it wont cost you anything as a buyer!

Buying your first home is rewarding and exciting! When your ready to make your move, I'll take your hand and walk you through every step of the way!

To receive daily updates through your e-mail, you can write to me at suzannesands@comcast.net or 508-496-1717.

Servicing Bristol & Plymouth County, Fall River, Somerset, Swansea, Westport, Dartmouth, Fairhaven & Mattapoisett

Posted by Suzanne Sands-Somerset, MA Real Estate on 10/08/2007 10:07 PM

Comments (23)

buyers agent

Originally posted at: Suzanne's Somerset Real Estate Blog: Buying Your First Home

This post has been included in Massachusetts Information Bristol County, MA Information

23 Comments on Buying Your First Home

OCT

2007

Now that was great...using your own experience. It is a stressful process and buyers sometimes think they're getting a better deal going with the sellers agent and don't realized that having their own buyer's agent thinking in their best interests is definitely a less stressful process.

Very nice Suzanne. I hope many buyers end up reading this and call you!

Suzanne-You have provided such great information to all the buyers waiting to meet you. Because of your experiences you will provide every buyer with exceptional service I'm sure.

Suzanne- I have to say, I think this is one of the best posts I think I've read from you! NICE job! Lots of new buyers out there will relate :)

OCT

2007

perfectly said - things certainly have changed for the better -

Suzanne, I remember my first home. I bought a FSBO and thought I was so smart. Yeah right. I learned the hard way. I should have used a Realtor to protect me but we live and we learn.

Suzanne, Nice way to reach out and offer assistance to first time buyers.

Hi Sally,

It still amazes me that buyers think they will get a better deal if they use the sellers agent, not true. Hopefully this helps someone out there who may not know. Thanks, Sally!

Hi Monika,

Thanks so much, your feedback means alot to me! :)

Hi Julie,

Thanks that was really sweet!

Sandi,

My first home was really nothing special except for the fact that it was mine!! Thanks for a great compliment. :)

Hi Thesa,

They really have, many buyers still don't know. Thanks for your comment!

Hi Matt,

Wow! You were brave your first time around, going FSBO solo....sometimes the hard way teaches us more than we could ever imagined. Thanks :)

Hi Dan,

Thanks for your comment, If it helps one person than its worth it! :)

Excellent Post Suzanne!! The 1st Home is the SCARIEST I think. All the questions and the fears of the unknown are intense. It's important that the people in Bristol & Plymouth County, Fall River, Somerset, Swansea, Westport, Dartmouth, Fairhaven & Mattapoisett know YOU are there for them! You are a true professional!!

Hi Susie,

The first time is the scariest, which makes it the most rewarding as well! Thanks for your comment & compliment! :)

Suzanne,

I don't think it could have been expalined better!! You did well my dear :0) I wish I wouold have known different, when I first Bought.

Tom Weiss

Suzanne - one thing I constantly repeat on my radio show (and yes you can all hate me for it) is DO NOT call the number on the For Sale sign. That person works for the seller and will not have your best interests at heart. This is very nicely done. You should actually put it on your own website.

Very good information Suzanne - I remember and relate very well to this same scenario. It's great that you recall the experience - it gives people the feeling of personal understanding, hence trust.

Have a great week!

Great post... certainly a good "connection" post for localism and buyers.

Suzanne, I was totally clueless buying my first house, but I had a really good agent. I remembered her and called her back five years later when it was time to sell.

Suzanne, great post and nice personal touch. Buyers will appreciate that.

Hi Tom,

Thanks for your comment & compliment my friend! :)

Hi Simon,

Many don't realize this before hand and venture out without an agent representing them. Thanks I will look into your suggestion. Nice to see you :)

Hi Deborah,

Awww thanks, I think many of us can relate to this same thing. :)

Desiree,

Thanks for commenting, buyers need to know they can be represented too. :)

Sarah,

You are lucky to get a good one the first time around. The agent who sold me my first home is longer a real estate agent.

Hi Gary,

Thanks for commenting, always good to see you!

Hi Suzanne,
Nothing like personal experience to learn the lesson, right? Very good post.

Hi Cynthia,

Hopefully sharing my experience will save someone else of learning the hard way. Thanks for your comment and compliment! :)

OCT

2007

Suzanne - I love the perspective from which you wrote this and you are right, things have changed and the consumer needs to know that it is in their best interest to have representation.

Hi Ines,

Staright from the heart, still amazing many buyers don't realize why the should be represented. Thanks for your comment! :)

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