Thinking of Buying a Home?
What comes to your mind when you think about buying a new home? Does the prospect excite you or fill you with anxiety? If it’s the latter, know that you’re not alone. Buying a new home can and should be exciting, but it can also be intimidating. The thought of getting a mortgage, finding the right home, dealing with contracts, home inspections and lawyers, not to mention moving can make you wonder if it’s really worth the hassle. Or, maybe you’ve never purchased real estate and not knowing how it all works is a big concern for you. Whatever your concerns about home buying, if you’ll give me a few minutes, I think I can relieve some of your anxiety.
You’re The Boss
The first thing you need to know is that you’re the boss. That’s right, you’re feeling better already. If home buying were football you’d be the owner of the team. Everyone on the team works for you. As the owner of this team you don’t have to know every play or rule of the game - you just have to have your team of specialists who know how to play their part and work together with the other team members to accomplish your goals. You’re not expected to know everything, or anything for that matter any more than we who are in the real estate industry know how you do your job. When I go to the a retail store or a movie I don’t question how all the items got on the shelves or how the movie gets on the screen, I just trust all the people involved in the process of making these things happen know what they’re doing. It’s the same with buying a home. If you know what you want and have the right team, buying a home should be an enjoyable experience .
Real Estate Agent’s Role
So who do you need on your team? Before I answer that, let me give you some more good news. If you make the right choice for your first team member, that person will help you find the right players to fill your roster. The first choice you should make is your Real Estate Agent. Now I know what you’re thinking - that’s pretty convenient Brad since you’re a Real Estate Agent, but let me explain why this is the case. A Real Estate Agent is a licensed and real estate professional who is trained and experienced across the broad spectrum of the real estate industry. Our role is to protect the best interests of our clients and facilitate in the entire purchase process. Lawyers, lenders, home inspectors, etc. are specialists that focus on a very specific part of the process. Think of it like visiting your family doctor for a problem and he or she sends you to a lab professional for blood tests, the x-ray technician for an x-ray and then to a heart specialist for further examination. Real Estate Agents are kind of like the family doctors of the real estate industry. Once we know what you’re goals are, we will help you assemble the right team for the job. Continuing with the football analogy, we’re sore of the quarterbacks if you will, so we make sure that all of the team members are getting all of the information they need to do their jobs and monitor the whole process to make sure it’s moving along as it should.
Who Are the Members of Your Team?
So who are these team members I keep talking about? They will include a mortgage specialist, a lawyer, and a home inspector. The good folks at Alberta Land Titles will play their part and it might involve a land surveyor, contractor(s), a condo manager, a property manager or a home builder. Documents may need to be registered with the city or permits pulled. Whoever your team needs to make your home purchase a reality, your Real Estate Agent will know which players your team needs and their role.
When Should You Contact a REALTOR®
So when should you involve a Real Estate Agent? At what point should you be thinking about calling someone like me? The sooner the better! In fact it’s never too soon to contact an agent. The sooner we hear from you, the more time we have to develop and implement your plan towards home ownership. Even if you’re not quite yet ready to buy we can lay out the steps needed to get ready and then be there to facilitate the process at every step.
Buying a home is a very big step and as such it’s understandable that you might be intimidated by the prospect. But don’t let that keep you from experiencing all the enjoyment and benefits of a new home. Call a Real Estate Agent and let them educate you about the process. Give yourself time to get all your questions answered. If you choose the right REALTOR® they will let you know what to expect throughout the process and address your concerns in advance. Then,