Buying a home can be both exciting and nerve-wracking. The property you purchase and the way that purchase transaction unfolds will shape your life – and lifestyle – for years to come! So take the time NOW to choose the right real estate agent BEFORE you go shopping for a home. We highly recommend understanding the Buyer Representation Agreement and the huge benefits that this agreement brings.
Is the agent you are working WITH, actually working FOR you? You should ask yourself, are they independent and acting as your fiduciary, or are they merely advocating your interests? Are you being treated as a Client, or as a Customer?
You may have reached this webpage to understand how I provide valuable realty services differently than others. Unfortunately, the very thing you are looking for is prohibited. A real estate agent cannot advertise anything that could have value to attract business since I may offer something that others from my brokerage/agency office may not (e.g. professional photography, virtual tours, open houses, free market evaluations, buyer commission rebates, fixed commission fees, pumpkin giveaways, guaranteed sale agreements, etc.), but you can ask your prospective real estate broker/associate questions and they will gladly answer. All incentives like these are required to be advertised on behalf of the entire real estate agency/brokerage and not by their individual contractors (if one associate advertises an incentive, then all the associates/brokers associated with (or, in rare cases, employed by) that agency/brokerage must offer the same incentive). As a result, we sound like a homogenous group even though we are all fierce competitors (although cooperative) with each other.
So ask questions. Once a real estate broker/associate understands your needs, they can then provide you with a breakdown of their fees, what they are prepared to provide you in terms of services, AND how they are paid through the purchase price of a home. Every service of value the real estate broker/associate provides to you (or potentially provides to you) should be detailed in their service agreement with you.
As a buyer, you should know that the real estate marketing and brokerage fees of the real estate agents involved in your purchase are included in the "market value" of a home: They're not extra, they're included. And, the amount remains the same whether there is one agent or two involved in your purchase. Engaging the services of your own advocate (that works ONLY for you) just makes sense.
Of course, I could brag about the sales awards that I have received over the years or how many transactions I've completed. Would you even know what the meaning of the RE/MAX Executive Club, the RE/MAX 100% Club, the RE/MAX Hall of Fame, or the now defunct CREB Million Dollar Club? Most people don't. I find talking about how much money I've made off of my own clients is just arrogant – even if it is hidden in sales awards. I'm sure you're more interested in how satisfied people have been with the results that I have brought them. Here are some of what has been submitted by happy clients and colleagues: See my Raving Fans page.
LET US HELP YOU EVERY STEP OF THE WAY
When purchasing a home, you're faced with a multitude of decisions! The primary one is whether you're actually prepared to purchase a home. Locating the perfect home is not always an easy task, and then obtaining a mortgage loan can be a complex and tiring process. Although, once you have determined that you are ready to move forward with the required effort towards your home-purchasing goal, the rewards are unquestionable.
While at your side each step of the way, licensed real estate associates or brokers will make the process of purchasing a home easier, more enjoyable, less time-consuming, and untimately less expensive than if you undertook this challenge on your own. We will help you prepare so that sellers perceive you as a "preferred" buyer, help you locate and assess properties for sale that match your specifications, and help you through the myriad of details attending the actual purchase.
Real estate associates and brokers are familiar with the current homes on the market, and we know neighbourhood values well, so we can help you determine which properties are fairly priced and in good condition before you start your search. Local real estate agents are able to become neighbourhood experts within minutes with the information available to us, today.
YOUR FIRST STEP
Your first step to buying a home is to first ask yourself why you want to buy a home: To stop paying rent? To start building equity? To have a place of your own? To raise a family? To entertain business associates? To move up to a bigger house? Next, list what kind of home you'd like and where you would like to be. Be specific. Separate the "must haves" from the "want to haves."
Think of yourself as zeroing in on a target, going from the general to the specific. Consider area (city, suburban neighbourhood); community (northwest, southwest, northeast, or northwest quadrants of the city); neighbourhood (older and settled or sparkling new; a particular school zone; recreational facilities; and other community services such as transportation, day care, library, stores, entertainment). Ask yourself how many minutes you are willing to commute to work.
Think about home styles. How much space do you need? Does your situation require a one-level home, or are stairs acceptable? Consider size and kind of property. Do you want a newer home, or maybe an older one to fix up? Someday, you or your heirs will want to sell. Consider how long you expect to live in this particular home.
A number of real estate professionals are prepared and are qualified to help guide you through this very important first step.
YOUR NEXT STEP: LOAN PRE-QUALIFICATION & PRE-APPROVAL
Once you have addressed the above needs, your next step in the purchasing process is to get pre-qualified with a mortgage loan company or broker. This pre-qualification step can be done over the phone or even online in a matter of minutes.
Once, you've been pre-qualified, you then need to get "pre-approved" so you're ready to make a purchase.
Call us and we can refer you to a mortgage professional that has an excellent reputation and track record for successfully acquiring loan approvals for his/her clients. We work with bank mortgage professionals and mortgage brokers almost every day.
When you speak with your mortgage professional, they will tell you what documents you need to bring with you to support your loan application. After meeting your mortgage professional, you'll know how much you can afford to spend on your home well before getting serious about making an offer on a home!
Then, you're ready to view homes.
WE WILL FIND THE RIGHT HOMES FOR YOU
Once you've been pre-approved and know what price range you want to stay in, we can help you determine which properties fit your needs by using the local MLS® System (Multiple Listing Service) to help locate them. If you're looking for brand new homes, licensed real estate brokers or associates can help you and save you considerable time, expense and effort there, too.
We have the best possible resources and communication systems available today to help you locate the homes on the market that match your specifications. You can even search all the MLS® listings by all the real estate companies and all the agents right here on our websites without cost or obligation.
As we're searching together for a home, we'll be on the look out for red flags and issues that may cause you some grief. If we find them, of course, we'll be able to recommend a course of action! Getting your agent's opinion of a home's value is probably important to you - so ask for it (This opinion of value can only be provided once you have a written representation agreement with the agent).
Of course, you won't be left alone during negotiations to be beat-up by the seller or their agent! As your representative, we'll provide considerate and rational guidance during negotiations. Many agents now have certified, practical experience in real estate negotiations.
WE WILL HELP YOU EVERY STEP OF THE WAY
We'll help you complete your financing and inspections, and close on the transaction. Our top priority is to make sure that your home buying experience is pleasant, cost-efficient, and successful. We're happy when you're happy!