I have represented many first time home buyers since I became licensed in 1975.
Ideally we would meet before first-time homebuyers come in contact with licensees who represent the Sellers of potential properties. Early meetings provide the best opportunity for first-time homebuyers to fully appreciate their rights in real estate. I am speaking of the right to single agency representation, the right to undivided loyalty, the right to confidentiality and the right to full disclosure. First-time homebuyers often compromise their rights too early in the house hunting process. I’m a real estate licensee who takes the role of client representation seriously. I won’t ask buyer clients to agree to diminished or minor representation (sometimes called double agency or dual agency).
Once we’ve covered client’s rights some of the next steps in the consultation process are:
- identifying the Buyer clients’ particular needs and wants
- sharing information
- answering questions
- reviewing current real estate market offerings
- assessing how we might work together
- checking recent sales of properties in the client’s price range
- analyzing current real estate market statistics
Then we might identify some potential properties to visit and inspect. This is the where my Buyer clients get to judge my skills in assessing so many aspects of a property. I’m able to point out the good, the bad and the ugly. If something raises a red flag I will pursue it, not try to gloss it over. After all, I’m representing my Buyer clients, not the Seller(s). And my undivided loyalty to my Buyer clients extends throughout the negotiating process of an Agreement of Purchase and Sale, right up until the closing date.
Now scheduling FREE first time buyer consultations.
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