Throw back Thursday to this oldie, but a goodie when it comes to finding the right home:
It is wonderful these days that we have the ability to provide the MLS online for the public and future customers to view homes in the comfort of their living room (or while they are at work (We all know you’re doing that.) An online viewing is a showing that a buyer can do at their convenience.
We receive calls and web inquiries of prospective buyers that would like to get inside a house that they saw online or drove by, that is of interest to them. Then we respond, “Great, let’s meet at the office and get you set up for your home search and we’ll go from there. Have you spoken to a lender yet?”
For qualified ready buyers, this feels just right. They’re ready for that step, they want information, they want to know that they’re needs are understood. The appointment is made. But asking a buyer shopper to come into the office first before seeing a home or homes, can seem backwards to those just getting an idea of whether or not they even want to move. Especially first time home buyers who have not ever done this before. In their minds, you drive a car before you get financed, you try on the pair of shoes before you go to the register, why should you have to do anything but just see the house? But with a house purchase, it’s very different for many reasons than buying any other product.. as all shoppers of today do find out. Not all buyers can qualify for all of the homes, even ones that are in their price range. Some homes are not on the websites or MLS’s that the buyer is actively looking. Some websites have old listing data. In addition to the reasons for buyer benefit are the seller requests. Houses hold people of all ages. Some with pets that need to be removed, or young children, grandparents, messy partners, or daytime sleep schedules. A house showing requires them to have trust that who’s in their home is a qualified buyer and not a thief, to clean their house and then vacate their home during all times of the day. We don’t ask that of sellers unless the buyer can for certain purchase the property. In addition, there are actually laws that Realtors have to follow about agency representation disclosure. There is the issue of Realtor safety. If an agent is doing their job correctly, all buyer shoppers will be familiar with what that is after the initial meeting.
It takes about a half hour to get pre-approved for a home purchase and a fifteen minute consultation with a Buyers agent who’s job it is to look out for the buyer’s interests (rather than the sellers) and to put yourself in the best position to be home shopping ready. There’s no reason to stress over this. There is no money needed up front, it’s just an information gathering session that is designed to benefit the Buyer.
If you’d like a few loan officer contacts to call to get that piece out of the way, we are always happy to provide that to you, and if you’re at the stage where you are wanting a consultation to go over the process and create a plan, contact us!
Happy House Hunting!