DEVELOP YOUR WISH LIST
Knowing what you need and what you want in your new home is critical. What are your must-haves, your nice-to-haves, and your absolutely-nots? How many bedrooms do you need? What kind of outdoor space do you want? How about counter-tops, appliances and flooring? You can't get what you want if you don't know what it is you want. Of course, location will be a huge decision - What Edmonton Area community makes you feel at home.
To find specifics on all the neighborhoods in and around Edmonton visit www.Yegishome.ca. Here you will find details such as the City Councilor, MLP and MP, as well as community scores for Real Estate, Family, Safety Services, Recreation and Lifestyle. Take a look at the average household income, the population of the neighborhood and percentages of properties owned and rented.
PICK YOUR DREAM TEAM
Every First Time Homebuyer should have three experts to walk them through the purchase of thier first home; A Professional, Knowledgeable Mortgage Broker, a great REALTOR®, and an experienced lawyer. Assembling a great team is the first step to purchasing a home.
The Real Estate Market is full of wonderful REALTORS® who are committed to helping you find the right home, but before you pick up the phone and call the first person who sends you a magnet in the mail, you should consider these 10 tips for choosing the right REALTOR® to help you find your perfect home.
1. Find Someone You Connect With: You are going to be working closely with your REALTOR®, so it is important to find someone on your level. This person should be a good listener and considerate of your needs. You should feel comfortable saying no to a house you don't like, and he or she should respect your decisions. A good REALTOR® will look out for your best interests at all times.
2. Find Someone Who Has Time For You: Your REALTOR® should be committed from the get-go and steadfast during the house hunting process. He or she should be available to have important conversations during the house hunting process. He or she should give you their full attention when looking for homes. Find someone who gives you the same respect that you deserve, regardless of your price range.
3. Find Someone Who Has Integrity: REALTORS® get paid when the sale is finalized and you take possession of your new home. Therefore their incentive is to get you in a house as soon as possible. This kind of pressure to sell can cause some REALTORS® to engage in unethical business practices. It is very important to find an honest and trustworthy REALTOR® with a good reputation, so that you know the biggest purchase of your life is in best hands.
4. Use Someone You Know: If you happen to personally know a REALTOR®, and are ok mixing business with pleasure, don't hesitate to use him or her. A lot of people shy away from working with their friends at the risk of harming the friendship. Chances are, the REALTOR® will work just as hard, maybe even a litter harder to earn your repeat business. You don't have to worry about their integrity if you know them already.
5. Ask Around: If you don't know an agent yourself, ask around to friends and family who have r purchased or sold property in the past. 90% of a REALTORS® book of business is past client referrals. Working with a REALTOR® who is recommended will give you peace of mind that you know they do good business.
6. Search The Internet: If you're starting from the ground up, a good place ot begin is the internet. Search the top Real Estate Companies in your area, and review individual websites, Facebook pages, Twitter accounts and read reviews. There is so much information on the internet today, it should be easy to determine good agents from bad ones.
7. Go To Open Houses: One way to see a REALTOR® in action is to visit open houses. Even though you may not be interested in buying this particular home; the experience will give you a good idea at the personality, business approach and the sales ability of the agent.
8. Follow Your Neighborhood Signs: Whether it is a For Sale or Sold sign you're looking for, pay attention to the real estate signs in your neighbourhood. Jot down the names and phone numbers and look them up to gain a little bit more information.
9. Ask Other Agents For Recommendations: During your search, you may find an agent that meets all your criteria, but you find they are too busy, or work outside of your area. If this happens, ask him or her if they can recommend another REALTOR® for you. REALTOR® referrals are excellent to have and give you peace of mind that you are in good hands.
10. Interview Your Prospects: Before you make your final decision, you should meet with your prospects to make sure you are picking the right one. Prepare a list of questions to ask during your informal interview and take notes of their answers.