September’s Marketing & Tech Stat focuses on the reasons people decide to buy their first home. This would be good information to share with potential buyers who are new to the home purchasing process.
Click the links below to access the corresponding items:
PDF Version: If you have issues viewing the flyer, save it to your computer first. This can be printed and then mailed with your business card.
JPG Version – You could use this graphic by saving it to your phone and uploading directly to Instagram and other social media sites.
Click here to easily share this as a blog article on your social media sites (Facebook, Twitter, etc.). You’ll be redirected to AskHomesale.com where you can simply scroll to the bottom of the article and select the social network you want to share it to.
You can also access the ecard template on the Market REsource by selecting ecards and searching for “Market and Tech Stat – September 2017.”
Real estate agents do more than provide homebuying and selling help, they offer friendship as well. It’s easy to form a bond that turns into a long-term friendship when you’re helping first-time homebuyers.
Qualifying for a home loan, ensuring the property is in good shape, filling out a number of forms and working toward closing can be a lot for a homebuying rookie to deal with. That’s where real estate agents can step in as friends and calm down stressed-out clients. Even homebuying veterans can start feeling the strain. Here are a few ways you can step in to offer relief to stressed homebuyers:
Remind them to keep an open mind
Often, first-time homebuyers are looking for their dream entry-level home, but that’s not always available. Real estate agents should remind clients that sometimes it’s necessary to make concessions. This is especially true of clients looking for their first homes, whose savings reflect a shorter tenure in the workforce and credit profiles are relatively thin. Keeping an open mind to compromise is necessary when buying a home for the first time, and it’s a real estate agent’s job to help make sure that happens.
Emphasize planning ahead
One way to ensure clients keep open minds is to start budgeting for the homebuying process right away. Planning ahead in this way helps first-time homebuyers visualize what purchasing looks like from a fiscal standpoint, and what their budgets can afford. Make sure that there is some financial cushion in case of unexpected events such as the loss of a job. This point in the conversation may be a good time to discuss the benefits of a home warranty and the potential savings a warranty can provide if a major system or appliance breaks.
This could take some time
First-time homebuyers may not yet understand how long it can sometimes take to go from initial discussions with a real estate agent to closing on a property. Be sure to make it clear that depending on the time of year and market, it could take a little while to get to closing.
Keep an ‘open-door’ policy
Someone buying a home for the first time is bound to have plenty of questions. Keep an open-door policy when it comes to curious or stressed-out homebuyers. All of this is new to them, and they’re going to be leaning on you as an experienced resource. This may be the most important step toward calming stressed out homebuyers – simply being there for them.
Real estate agents play a crucial role as a resource for relief during the homebuying process. When the going gets tough, the best real estate agents get going.
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New Buffini Item of Value. The information below will help you communicate advice to your first-time buyers:
Buying a home is one of the largest financial commitments a person can make in his or her lifetime. It’s especially critical for first-time buyers to make informed decisions about the investment that they are about to make.
These tips will help make the process easier.
Define your wants versus your needs.
Making a list of wants and needs before beginning the search for a home can make the entire process less overwhelming.
Get pre-approved for a mortgage
It is critical that a buyer be pre-approved for a mortgage before going too far in the home-buying process. This enables the buyer to make a very appealing offer to the seller and increases the buyer’s chances of having his or her offer accepted.
Investigate the neighborhood.
Where are the schools? How far is the nearest hospital or grocery store? Is commercial garbage collection available, or do homeowners dispose of their own trash? These are basic yet important questions that some first-timers may not think of until after closing on a property.
Insist on a home inspection.
Atten property inspections. Be aware of environmental concerns and ask questions.
Get help with the details.
Coordinating these and the many details of a move can be overwhelming for even the most experienced homebuyer. I can help guide you through the process and even coordinate related services.
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