Thinking
There are many reasons to buy a new home. Most buyers are in these three categories:
- Move up Buyer
- Down-Sizer
- First Time Buyer
Whatever category you're in, it's important to examine your personal and financial situation. Consider what can you afford for monthly payments. Do you have a secure job with a steady income? Is it likely your personal and financial situation will soon change?
Although there are many benefits to working with a real estate agent, the two most important are saving time and money. Often the public Multiple Listing Service (MLS) isn't updated immediately. A registered real estate agent is aware of all listings, decreasing the chances of missing out on a great opportunity!
Here's a few tips for selecting an agent you’re comfortable and confident with.
- Visit the agent's website. Look at their credentials, track records and client testimonials to determine if they'd be a good fit. Go with your gut feeling.
- Call potential agents. Make appointments to discuss your unique needs.
- Ask questions! Choose an agent that listens to you and gives clear explanations. Excellent communication is essential.
Looking
How do you find the home that's right for you? Get familiar with the market. Visit neighbourhoods. Talk to friends, use the Internet, check out newspapers and real estate catalogues - and, make use of your agent! I'll help you expand your choices. By utilizing the Buyers’ Profile Tool, you'll be emailed relevant market listings. This competitive advantage saves lots of time. Then, I'll help you separate good options from the less-than-optimal and educate you on the features and benefits of specific homes and neighbourhoods.
Purchasing
Once you’ve found a home, it's time to make an offer. Deciding what to offer is difficult. You don't want to offer too little or pay more than a property is worth. I'll help you make an informed decision by showing you what comparable houses are selling for, assessing the condition of the house and judging the competition. When you've firmed up your offer, I'll draft it and clarify the details. As well, on your behlaf, I'll communicate the Offer to Purchase to the seller or the seller's representative.
Closing
Closing is preparing for the transfer of ownership from the seller to the buyer. Closing periods sneak up quickly, so it's important to stay organized and give yourself time to get everything on your 'to do' list done! I'll ensure all aspects of closing - arranging for home insurance, dealing with real estate lawyers, or moving your possessions - goes smoothly.