Working For A Buyer, I Wish I Knew Then...

By
Real Estate Agent with LAER Realty Partners
Working For A Buyer, I Wish I Knew Then...

Many of us start our career representing a buyer. Or that's what I have seen. And I was one of 

them when I started my Real Estate career.

As times goes on, we learn the fact that we must list to last. (As much as I like to agree to that, I have seen very successful buyer's agent - including some of them here, at ActiveRain.)

I was glad I was working with someone. They were first time home buyers. It was very difficult to find a home for them. In fact, as a first time home buyer's representative and I was looking at the homes as if I was buying a home. (You know those feelings I am sure.)

I just kept on showing the homes one after another and we were at half century mark!

I wish I knew then that the home buying is a process of elimination and not selection!

As we rejected almost all the homes for one reason or the other, we came across a new construction. And there was no reason for me to like the home. (Yes, me - and not the buyers!)

I wish I knew then that "It's all about them - not about me"!

So we write the offer - and was accepted easily - with about 10% cost added as upgrades. The market was not really that hot then, and....

I wish I knew then that 'I can bargain for upgrades in new construction - sometimes!'

"Since the home is brand new, and all the systems are new, there was no reason to inspect the home. Do we ever spend money to inspect a brand new car?" The salesperson told me. And I was carried away in the salesperson's sweet talks. We just decided to waive the home inspection contingency for this new construction.

On day 2 after the buyers moved in, dishwasher just did not work! Fortunately, it was a new construction and the builder send someone to fix it the next day.

I wish I knew then that it's okay to schedule home inspection even for new construction!

Yes, I was SO novice then. Today, I'll make sure the home inspection is scheduled for my buyers - new construction or otherwise.

Well, a decade in this industry has taught me many things - and one of them is TRUST!

And for trust, I will not say, 'I wish I knew then', instead, I'll say,

I know that TRUST is the most important thing in any relationship.

Images courtesy of DailyClipArt.net

 

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  1. Ajay Pandya 01/10/2018 04:00 AM
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Rainmaker
442,335
Debbie Cook
Long & Foster Real Estate, Inc - Silver Spring, MD
Silver Spring and Takoma Park Maryland Real Estate

Praful,

I had "deja-vu" and related to every part of your post!  I made all the same mistakes.  Actually glad I made the mistakes because I think it's the only way to really learn.

Apr 30, 2013 07:39 PM #1
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Margaret Rome, Baltimore Maryland
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Well written and one of my favorite posts. Thanks for sharing some experiences that have made you a terrific agent!

Apr 30, 2013 08:32 PM #2
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Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Praful, I think we all started the same way! Once we figure out that it's not about us, it gets much easier!

May 01, 2013 06:24 AM #3
Rainmaker
386,684
Mark Horan
Resident Team Realty, LLC & Toni's Property Management LLC - Saint Cloud, FL
"The Resident Chef" - Resident Team Realty LLC &

Praful, Even builder take short cuts and a home inspection is advisable, you are absolutely right.

May 01, 2013 12:50 PM #4
Rainmaker
4,202,435
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It is fun to think back to those early days!    Sure would like to take back some of those decisions.

May 02, 2013 01:17 AM #5
Rainmaker
763,463
Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

Right on the money Praful. Lots of things to learn from both sides. We like having a good mix of buyers and sellers. Referral come from both groups   AND buyers don't fight for a large piece of your commission!

May 02, 2013 03:18 AM #6
Rainmaker
629,401
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

We all learn something new every day - and that is what helps us.

Jan 09, 2018 07:11 PM #7
Rainmaker
629,401
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

It is just a matter of developing the system - and then relax

Jan 09, 2018 07:11 PM #8
Rainmaker
629,401
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

The home inspection must be done - so this is the learning.

I wish I knew then that it's okay to schedule home inspection even for new construction!

 

Jan 09, 2018 09:11 PM #9
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot for stopping by and your comments - really appreciate it.

Jan 09, 2018 10:04 PM #10
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks Debbie a lot for stopping by and your comments - really appreciate it.

Jan 09, 2018 10:08 PM #11
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, Margaret for stopping by and your comments - really appreciate it.

Jan 09, 2018 10:09 PM #12
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

This is one of my favorites, too, Margaret - I really like it.

Jan 09, 2018 10:10 PM #13
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, Mark Horan for stopping by and your comments - really appreciate it.

Jan 09, 2018 10:11 PM #14
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

You are right, Mark - some builders do like to take the shortcuts.

Jan 09, 2018 10:13 PM #15
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, Joan for stopping by and your comments - really appreciate it.

Jan 09, 2018 10:15 PM #16
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, Ajay for stopping by and your comments - really appreciate it.

Jan 09, 2018 10:16 PM #17
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, Steve and Jan for stopping by and your comments - really appreciate it.

Jan 09, 2018 10:17 PM #18
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, all for stopping by and your comments - really appreciate it.

Jan 09, 2018 10:17 PM #19
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