Fun With First Time Home Buyers

By
Real Estate Agent SL3287291
https://activerain.com/droplet/4NRC

Today, I had some fun with first time home buyers.

I received a phone call at 8:30AM from a young man who had found a house he was interested in. We talked for a few minutes about the need for a Pre Qualification Letter from his Lender. He said he had one and would email it to me.

I told him I would find out about getting an appointment to see the house. I was able to schedule a viewing at 4PM when his girlfriend was off work.

I received his email later in the day with the attached letter from the Lender. It was a letter to his girlfriend who had applied to a Credit Union for a $250,000 loan. The letter was a loan denial. At the bottom they had a counter offer for a loan of $150,000.

I went ahead to the appointment somewhat unsure if I should have waited for an actual Pre Qualification Letter.

I arrived at the home and soon they arrived. The listing agent had also scheduled 2 more showings at the same time.

I told the first group to go ahead and we would wait on them.

As we stood in the driveway talking they became aware of the amount of traffic on the road. Soon the girlfriend said, I can already tell you my vote is NO on this place and he agreed. So we left.

I asked the couple if we could go somewhere to sit and talk and they agreed.

As I asked them questions I found they were really green about buying a house. They had never heard of FHA.

I took that time to give them an outline on the process of buying a house and what they needed to do and what they could expect.

It really was fun because they were some really great people and really wanted to own a home. They were so relieved that I would take time to explain the process and would guide them along the way.

They now are working on getting a proper Pre Qualification Letter from a Lender.

I have sent them some homes based on what they described as needs. They have gone and driven by them and have indicated several that were not acceptable but found 2 they liked.

Based on their recent findings I refined my search and sent them some more to look at.

First Time Buyers need special attention and we can not assume they know all the Real Estate jargon. It is a step by step process that requires patience.

Why go through so much to work with them? It was a very enjoyable experience to see how excited they were to find their own home. Also, she is a Teacher and he is a Nurse. I just bet they know some people like them who would like for an agent to take them by the hand and lead them into their first home.

I have fun with First Time Home Buyers.

 

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florida real estate
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Ambassador
2,587,669
Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

You were fortunate that those first time buyers were willing to listen.  So many of them think you are trying to steer them away from what they feel they want and go find another less reputable agent.

Feb 16, 2016 10:05 AM #1
Rainmaker
401,623
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Ed Silva You are right, and that is why I had so much fun, they were ready for help and ready to listen. They were happy and I was happy. 

Feb 16, 2016 10:10 AM #2
Rainmaker
1,225,976
Christopher Lotte
Red 1 Realty - Lithopolis, OH
Central Ohio Realtor, 614-390-9243

Thanks for sharing John Wiley 

Feb 16, 2016 10:24 AM #3
Rainmaker
812,570
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

John - I really enjoy helping first time home buyers. Many are so eager to buy, and I love being the one who can help them out.

Feb 16, 2016 12:46 PM #4
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi John.  I deal mostly with first time buyers.  It is so gratifying to help them into a home.

Feb 16, 2016 07:02 PM #5
Rainmaker
401,623
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Troy Erickson not only is it fun to work with first time home buyers but you feel good about helping them get a solid start on life.

Thanks for commenting.

Feb 16, 2016 07:15 PM #6
Rainmaker
401,623
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Conrad Allen I did not know you had a focus on first time home buyers, that is good information to know.

I am glad you find it to be gratifying.

Feb 16, 2016 07:17 PM #7
Rainmaker
3,329,973
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

The 3%  Fannie Mae loan is less restrictive and a welcome addition to first timers choices everywhere !

Feb 16, 2016 07:58 PM #8
Rainmaker
401,623
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Sally K. & David L. Hanson thanks for the great contribution. I like to present good options that can make a difference in the type of property the first time buyer can qualify for.

Feb 16, 2016 08:06 PM #9
Rainmaker
1,068,262
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

John, this story tells me that you are an exceptional Realtor. How wonderful that you took this couple under your wing.  They are fortunate to have found you.

Feb 17, 2016 01:38 PM #10
Rainmaker
401,623
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Sharon Parisi thank you for your kind complements. I work hard to provide the best service to the consumer.

Feb 18, 2016 12:19 AM #11
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Rainmaker
401,623

John Wiley

Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA
I Can Find Your Dream Home-Contact Me Now!!
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