I Love a Prepared Buyer, Don't You? | Are YOU a Prepared Buyer?

Reblogger Cheryl Willis
Real Estate Agent with RE/MAX Solutions- OZARK MISSOURI

I agree with my peer, Jeff, I love working with prepared buyers too!

Part of my 'job' as a Buyer's Limited Agent is to assist you in getting your act together!!

Give me a call if/when you need/want to work with a great agent in SW MISSOURI- I am a Broker and work with both Buyers and Sellers.

Still CRAZY about Real Estate-  celebrating 6 amazing years helping clients just like you.- be good  -  cw

Original content by Jeff Dowler, CRS CA DRE #01490977

I Love a Prepared Buyer, Don't You?

Are YOU a Prepared Buyer?

 

Are you prepared to spend some money?I love working with a prepared buyer. One who has gotten their act together, and is ready to make a decision, and move through the transaction. 

Sadly, it can be kinda rare these days. There are many hopefuls who are simply not prepared for the challenges our market presents. 

But there are folks who ARE appropriately prepared and ready to go.

 

WHAT DOES THE PREPARED BUYER LOOK LIKE?

 

They are pre-approved, or have the cash wherewithal with proof of funds

 *   *   *   *

They know their budget, vis-à-vis what the bank will loan, and can tell you what they want to spend, and perhaps their absolute max. Saying "we're flexible" makes me squirrelly. I'm not sure what that means.

 *   *   *   *

They know what they want. Sure it can shift some but overall they have a good idea of the things that are really important and what they can flex on. And they can articulate it. Somehow "we'll know it when we see it" seems a bit vapid and vague.

 *   *   *   *

They've done their research on-line and elsewhere, and have a good sense of what the market is doing, but they still need YOUR input, data, and perhaps a reality check.

*   *   *   * 

The prepared buyer asks good questions, and plenty of them. They know they need information, and seek it out from you (notice how the prepared buyer has already decided they want to work with the best person in their desired area of purchase - you). They listen to what you have to say, ask for clarification, and share their thoughts and opinions for you to respond.

 *   *   *   *

A prepared buyer typically makes decision quickly. If they are wishy washy, well, how serious are they?

*   *   *   * 

If a buyer is prepared, they tend to be organized. They keep paperwork in order. Perhaps they bring a clipboard, camera, measuring tape, etc. to tours of homes. They know what information they have, but also what they don't

*   *   *   * 

They tend to respond quickly, with answer to your questions, asking questions, signing documents, and making decisions. Life is busy but they make their home buying a priority and work with you to meet deadlines and keep things moving. What a pleasure this is.

*   *   *   * 

 

Are you ready to move?You get the idea, and perhaps have thoughts of your own. 

Certainly things do not always go to plan. Being prepared means also being ready for surprises, having contingency plans, and simply coping with the problem and getting it resolved. 

If you are not prepared, you might be in for a surprise, and perhaps many disappointments.

 

My Jeff Dowler signature

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Rainmaker
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Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
RealtorĀ®, Springfield Mo Real Estate

Can you help me get my act together?  LOL!  Hope you have lots of buyers to work with.

Oct 03, 2010 02:00 PM #1
Rainmaker
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Cheryl Willis
RE/MAX Solutions- OZARK MISSOURI - Mount Vernon, MO
MO Broker - Mt Vernon, Monett, Aurora, Barry & Law

Kay, two under contract last week and several showings scheduled for this one.  It really helps the buyers to take the time and get all the ducks in a row.  It is good for the sellers too, when the buyer knows what they can do before they start trying to write a contract.  It is always a win/win when we can get them to closing.   cw

Oct 04, 2010 01:55 AM #2
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Rainmaker
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Cheryl Willis

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