How Many Steps Are In The Home Buying Process?

August 16, 2008

Many, but one of the role's of a good buyer's agent is to make it go smoothly, and that's why Buyers should have buyer representation! Here is a partial list I came up with, however there are even more steps behind the scenes that I will do!

  • Meet with Buyers to determine buyers needs.
  • Aid in lender financing options.
  • I network with other agents, search the MLS, and other sources to find as many home choices as possible.
  • Set up appointments to see homes.
  • Visit homes, make recommendations to buyer.
  • Write an offer, acquire all disclosures, and explain all forms to buyer.
  • Present offer to sellers or selling agent.
  • Negotiate terms back and forth until a deal is accepted
  • Arrange escrow account deposits
  • Arrange Home inspections
  • Correspond with lender.
  • Submit and negotiate any neccessary repairs
  • Arrange a title closing agent to handle the actual closing
  • Resolve any problems that arise along the way
  • Arrange for property survey
  • Arrange for title insurance to be issued for Buyer and Buyer's lender.
  • Help Buyer submit any applications to condominum or Home Owner's Associations for approvals.
  • Review the Closing statement to ensure there are no errors that can cost my Buyer any uneccessary expenses.
  • Attend the Closing

This is a general guideline!  It's important to use a buyers agent to help with this process, and remember, my services are almost completely covered by the seller in most cases, so why not have the help!

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