Before You Show, Get Your Ducks in a Row

By
Managing Real Estate Broker with Magnolia Realty ~ Granbury TREC #547752

Before You Show, Get Your Ducks in a Row

Ducks

Many times, real estate agents are so eager to show a prospective buyer homes they don't take the necessary steps to have the client qualified and prepared to make an offer. In this day and age of impostors, scammers, and sometimes just uniformed buyers, Seller's more than ever are savvy when they are accepting offers. Therefore, it is imperative that real estate agents educate their buyers BEFORE showing property.

 

If you are a prospective buyer, please do not be offended when your agent asks you for your Pre-Qualification letter, proof of funds, etc. In order to properly represent you on a potential sale, having your ducks in a row as a buyer can help you successfully navigate the negotiation waters. The more prepared you are up-front, the better you look as a buyer.

 

Here are a few tips for having your ducks in a row before looking for a home:

  • Have your financing situation decided on. Reach out to a local lender whom you can actually speak with personally when you need to.
  • Know what you can qualify for, how much you need to put down, and have this Pre-Qualification letter in a PDF format to send to your agent when needed.
  • If you are a cash buyer, have your bank draft a Proof of Funds Letter also in a PDF format.
  • If you have a current home that you need to sell, seek out the advice of a professional real estate agent who knows your market, knows how to properly market a home to sell, and get your home listed.
  • Looking for homes prior to listing your current home can often lead to heartache if you find that perfect home and you are not ready to buy!
  • If listing your home, make sure you make the necessary repairs, painting, and clean up that will help your home be shown in the very best way.

 

Taking these steps above will greatly assist you with your home buying efforts. A good agent will assist you in getting your ducks in a row. When you are then ready to make an offer, you will be able to present a solid offer as a qualified buyer. 

 

In a busy Spring market when the competition to buy increases, the buyer who is ready to go and prepared will stand out in a multiple-offer situation.  Ready to buy? Call your real estate agent today and get those ducks in a row!

Posted by

     Magnolia Realty Granbury    

"Have you fully lived today?"

   Paula L. McDonald ~ REALTOR®

       Managing Broker ~ Granbury, Texas 

 936-203-0279 Direct

Selling Hood County and surrounding areas!

PaulaMcDonald@MagnoliaRealty.com 

      CNE

Houzz      

 John Maxwell

Farm & Ranch

 


          ABR                 Institute for Luxury Marketing                Institute for Luxury Home Marketing

 

 

Copyright 2017 Paula McDonald

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Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
  1. Pat Starnes, Brandon, MS 02/14/2018 08:51 PM
  2. Fred Griffin 02/18/2018 04:47 PM
Topic:
Real Estate Best Practices
Groups:
Bananatude
BROKER'S BACK PORCH
Tags:
buyers
home buying
negotiations
qualified buyer
real estate professionals
real estate

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Ambassador
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Anna Banana Kruchten CRB, CRS, Broker
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

Paula excellent tips for home buyers. Happy Valentines Day!

Feb 14, 2018 02:43 PM #1
Rainmaker
2,134,826
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Those are important tips, Paula!  And, I love your rubber ducky graphics that accompany this post.

Feb 14, 2018 05:05 PM #2
Ambassador
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Paula- These are just the kind of tips that buyers need before setting out to buy a house. 

Feb 14, 2018 05:41 PM #3
Rainmaker
3,552,138
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I f not pre-qualified and you don't want to lose them a quick way to find out what they can affoard is to ask what kind of payment are they comfortable with.

That tells you a lot.

Feb 14, 2018 05:50 PM #4
Rainmaker
449,583
Pat Starnes, Brandon, MS
Front Gate Real Estate - Brandon, MS
Broker Associate, ABR, 601-278-4513

It's helpful to everyone if everybodys ducks are in a row, and that includes buyers, sellers, Realtors, and lenders! Great information.

Feb 14, 2018 08:50 PM #5
Rainmaker
1,159,691
Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Yes, the ducks are very important! Buyers really do need to be ready to jump the minute they find that house they love. So being prepared ahead of time is key.

Feb 15, 2018 03:36 AM #6
Rainer
414,148
Sham Reddy
H E R Realty, Dayton, OH - Dayton, OH
CRS

Great tips, thanks!!!

In order to properly represent you on a potential sale, having your ducks in a row as a buyer can help you successfully navigate the negotiation waters. The more prepared you are up-front, the better you look as a buyer.

Feb 15, 2018 03:44 AM #7
Rainmaker
2,409,393
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Paula.

Congratulations on the feature.  Just received news last night one of my grandsons is in the market to purchase.  Now, it has been put on my shoulders.  On this one, I surely will have all my ducks in a row

Feb 15, 2018 03:51 AM #8
Rainmaker
2,967,615
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Paula and congratulations on the well deserved feature. It is about being prepared and being ready.

Feb 15, 2018 06:30 AM #9
Rainmaker
654,480
Nick & Trudy Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtors, Philly Main Line

Good advice for all buyers and agents working with buyers as well. This is why we like to sit down with a new customer and go over the process and then explain how we work with our clients. It is a time for both parties to consider if they want to work together and if the relationship will work.

Feb 15, 2018 07:27 AM #10
Rainmaker
1,957,026
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

Excellent tips! Congrats on the well deserved feature!

 

Feb 15, 2018 02:16 PM #11
Rainmaker
2,259,476
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Paula...your ducks "quack"

Feb 15, 2018 03:07 PM #12
Rainmaker
337,157
John Wiley
Right Move Real Estate Group- EXP Realty - Fort Myers, FL
Lee County, FL Real Estate GRI, SRES,GREEN,PSA

Buyers, Please, Please, Please have your ducks in a row before you start off on your hunt.

You will be glad you did.

Feb 15, 2018 06:25 PM #13
Ambassador
3,553,136
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Paula

This advice is right on target and any would-be buyer should pay close attention. So many are not prepared in advance, and with the market being what it is this can lead to frustration.

Jeff

Feb 17, 2018 04:28 PM #14
Rainer
436,385
Kimo Jarrett
WikiWiki Realty - Huntington Beach, CA
Pro Lifestyle Solutions

The most important element before showing properties is to know approximately what date specifically the buyer wants to occupy a home? Without this information, all of the buyer's other information is useless, isn't it? 

Feb 18, 2018 10:58 PM #15
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Paula McDonald

Magnolia Realty ~ Granbury, TX 936-203-0279
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