Common First Time Buyer Mistakes

Jeff Johnson, REALTOR

1-800-SELL-NOW

Common First-Time Home Buyer Mistakes

1. They don't ask enough questions of their lender and end up missing out on the best deal. Many times a new buyer can be intimidated by the entire process. Often times this will cause them to "clam up". It is our responsibility when representing the buyer to step in and ask questions. I have found that simple observation can cue me to questions the selling agent or sellers about a specific topic. We have all at one time or another had that "deer caught in headlights look", it is my job to step in and ensure that all is clear to my buyer s and myself.

2. They don't act quickly enough to make a decision and someone else buys the house. Even in a challenging market time is of the essence. A delay of a few minutes can make the difference between my buyers getting the house they want and someone else swooping in and getting a great deal. My job is to protect my clients and ensure they get what they want.

3. They don't find the right agent who's willing to help them through the home buying process. The buyer MUST have a comfort level with the agent they choose. Competence and passion are a must for the agent who will be representing you. Don't rely on advertising or self marketing. Ask them to provide you with at least three references and CHECK them!

4. They don't do enough to make their offer look appealing to a seller. The initial offer is paramount in getting the home you want at a fair price. Going in way too low can backfire on a buyer. This is why it is important to know that you definilty want the home your bidding on, then give your best, fair offer.

5. They don't think about resale before they buy. The average first-time buyer only stays in a home for four years. Call a REALTOR and get specifics statistics about resale value in the area, number and percentage of homes on the market and the average number of days on the market. If you make a bid on a home without this information you may be setting yourself up for a headache in the future.

6. They don't call Jeff Johnson or Alan Meyer at 1-800-SELL-NOW and ask for a $500 rebate coupon offer