By Kacey Sides, Buyer Specialist Andy Hodes & The Scenic City Team
Whether you are needing to buy a home in the next week or next 6 months, a Buyer's Consultation should be one of the first steps you and your Realtor take. The Buyer's Consultation or "Needs" Consultation, (as some may call it), can determine alot of key points for you and your Realtor in about an hour, but save many weeks of frustration!
A Buyer's Consultation not only reviews the entire home buying process, it helps get you and your Realtor on the same page. It sets the expectation of what's important to you not only in your home, but through the entire transaction and communication process.
What a Buyer Consultation covers:
1. The steps before you write an offer - From loan pre-approval to setting up a customized email search. Your Realtor should review what it takes to find your dream home, and what you need to do to be ready when it's time to write the
offer.
2. The Offer - Your Realtor will discuss the money you will need up front, and the steps involved from acceptance to closing, and everything in between.
3. Your Dream Home - The Best Part! You will let your Realtor know what your needs and wants are in your new home. Be ready to discuss all of the things that are important to you to have in your home, and the things that would be icing on the cake. This allows your Realtor to see your new home through your eyes, so they can always be looking, even when you are not with them!
4. The Transaction - You and your Realtor will determine what is important to you when it comes to the offer/transaction process, and why. They will also find out the best way to contact you and how frequently you expect to be contacted. That way the lines of communication are always open.
5. Agency - Your Realtor will explain Agency Relationships between the Listing Agents and their Sellers, and where you come in. They will also discuss the rights you have as a Buyer to be represented in the home buying process the same way the Seller does.
6. The Buyer's Packet - An added perk! On our team, we provide a folder that includes everything that was reviewed in the consultation. It also includes the Real Estate contract that will be used to write the offer on your potential new home, information on our team, and a Special Report: How To Avoid Paying To Much.
Ultimately, the Buyer's Consultation will build trust between you and your Realtor. Taking the time to cover all of the steps involved makes for less stress, and the ability to find your dream home that much quicker. Not only that, the process is that much more enjoyable because you know what's coming... even the potential surprises! So take the time to meet with your Realtor for the Buyer's Consultation. You'll be glad you did!
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