March 06, 2009

Five Mistakes New Home Buyers Make on the Internet

One of the joys of riding my stationery bike in the morning is listening to the news. I always pump faster when I hear the latest news on real estate sales and new government spending. I don’t know what that really means but it always catches my attention and focuses my efforts. One of the blessings I have is working with first time buyers who are just at the start of the whole home buying process.

It used to be where home buyers would just work with the Seller’s agent. That has all changed in the last 10 years. Now, home buyers get to have their own agent, called a “Buyer’s Agent,” that looks out specifically for their interests. Specially, trained Buyers’ Agents work with new buyers to help make the buying process more enjoyable, and save the buyer time, money, and worry.

This home in Houston was purchased by one of our clients in Utah who needed to move. It was referred from our office in Ogden to our affiliate in Texas. The Buyer’s Rep took our clients to see many homes but ended up finding this perfect home in the Woodlands! The buyers love this house, the area, and all the wonderful weather. They also survived their first hurricane!

The buyers spent a lot of time on the Internet searching for homes but found that it really helped to use an ABR (Accredited Buyer Representative) to take them on tours and help them interpret the market data. We all start looking for homes on the Internet but we have to be careful to be sure we are understanding all the data that is now available. Here is USNews.com report on some pitfalls of relying on Internet searches only.

We love representing first time home buyers because there is so much excitement when they finally find the right home for them. We have a free Home Buyer’s Guide for all who are looking for a new home. It contains the following topics:

Find a Qualified Buyers Representative

Assess Your Credit and Finances

Assess Your Wants and Needs

Shop for a Home

Negotiate Terms

Obtain a Mortgage

Prepare for the Close (Transfer Ownership)

Close

Move

Celebrate

Please contact me directly to have one mailed to your home address.

Posted By: Steve Randall