What happens during a buyer consultation?

By
Real Estate Agent with BRIX Real Estate

 

servicesContrary to popular belief, you will at no time during the buyer consultation be tied down and the doors will remain unlocked!

 

Seriously, you may have seen popular home buying TV shows, but they actually show only a very small portion of the transaction – there is a lot more to it than looking at 3 houses and moving in!  The buyer consultation will arm you with the information you need to face the market confidently, and make better decisions throughout the transaction.

A typical buyer consultation lasts about an hour. During this time, we will explain the entire home buying process from beginning to end.  This may seem a little tedious, and you may feel overwhelmed that you won’t remember everything, but don’t worry.  We will go over the details again during the actual transaction.  It is much better to know what to expect rather than going along blindly.   We will explain what our role is in the process, and the roles of the other professionals that we will work with along the way.

Even if you have purchased a home in the past, you will benefit from a buyer consultation. An important aspect of the buyer consultation is the opportunity for the agent and buyer  to “interview” each other and decide if they are a good fit to work together.  If we move forward, we will be spending quite a bit of time together, looking at homes, writing an offer, inspections, etc., its good to make sure from the beginning that we are comfortable with each other.  If we decide it’s a go, then we can sign the buyer representation form right at the consultation. If not, you will at least have a better understanding of the process.

Our goal is to know what YOUR real estate goals are.  How long do you plan to stay in the home, which areas you would like to search in, what style of home do you like?  We will make a list of your “Wants”, and your absolute “Must Haves.”  This is important for us in order to narrow down your search so that we are focused only on homes that will work for you.  We will likely have the opportunity to view some homes online, and we can also set up a date to start viewing homes.   We will start an automated search directly from the MLS, so that new listings are sent to you daily, and listings that are no long available will be removed.  Our clients receive the MOST up to date list of homes for sale because it comes directly from the MLS, and not from a third party website.

Start Searching for MN Homes Here

We prefer that you have already obtained a pre-approval from a lender before we meet.  That way you will come into the buyer consultation knowing your price range, payments, and what type of financing you will be using.  We can discuss your specific financing and potential strategies in finding a home that will meet the requirements of the type of loan. We absolutely do not want to start physically looking at homes until you are pre-approved.  If you need a referral to a trusted lender, let us know when making the appointment, and we will put you in contact.

You may wish to bring a list of questions with you, to make sure we get them all answered.

Attending the buyer consultation and understanding the home buying process from the beginning will save you a lot of time and frustration when buying a home.  Let’s get started!

Request a consultation here! 

Jimmy and Myra Jensen

The Jensen Team – Home Marketing Experts

Keller Williams Classic Realty NW

Licensed in Minnesota

this blog was originally published on TheJensenTeam.com

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Steffy Hristova 11/07/2015 03:12 AM
Topic:
Home Buying

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Rainer
377,600
Anthony Moretz
RE/MAX A-Team - Hickory, NC
REALTOR®

Great post, I pray at least one producer of the home buying tv shows discover this. Thanks for sharing.

Jan 24, 2015 11:04 PM #1
Rainmaker
1,272,939
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good morning Myra,

There is no sensationalism associated with the consultation of a buyer unless they have bad credit and that would not make it to a show!

Make yourself a great day.

Jan 24, 2015 11:07 PM #2
Rainmaker
2,484,008
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Forming a team when venturing into Real Estate is wise before the fact.

Jan 24, 2015 11:21 PM #3
Rainmaker
689,206
Michael Dagner
Brokers Guild Classic - Denver, CO
Your Denver Homes Realty Expert

Myra, many first time buyers are nervous and afraid of that first meeting.  This explanation will calm those fears.

Jan 25, 2015 05:11 AM #4
Rainmaker
798,769
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Myra - Great job explaining the buyer consultation process.

Jan 26, 2015 02:48 AM #5
Rainmaker
431,191
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Myra, I love the title and the opening line. I hope Buyers will read this post. And TV producers will include some information about this important first consultation - they know how to make any topic interesting. I will reblog the article.

Nov 07, 2015 03:08 AM #6
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Rainmaker
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Myra Jensen

MN Luxury & Lake Homes - www.LuxHomesMN.com
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