What your agent can do for you – buyers guide.

What your agent can do for you buyers guide

INTRODUCTION

WELCOME TO SAHAN REALTY!

We are thrilled to assist you on your journey to finding your dream home. Our dedicated buyer’s agents are here to provide expert guidance and personalized support every step of the way. This guide is designed to give you a comprehensive understanding of the services we offer and how we can make your home-buying experience smooth and successful.

THE ROLE OF YOUR BUYER’S AGENT

As your buyer’s agent, our primary goal is to represent your best interests throughout the entire home-buying process. Our services include finding the right property, negotiating the best deal, and managing the transaction to ensure everything goes smoothly. Here’s a closer look at what we do:

STEP-BY-STEP HOME BUYING PROCESS

INITIAL CONSULTATION AND NEEDS ASSESSMENT

FINANCIAL GUIDANCE

Budget and Affordability Analysis: We’ll help you evaluate your budget and determine how much you can afford. This includes assessing your income, expenses, and potential mortgage payments.
Recommend Lenders: We can refer you to trusted mortgage brokers or lenders who can assist with pre-approval and financing.
Pre-Approval Assistance: Guide you through the process of obtaining pre-approval for a mortgage, which strengthens your position when making an offer.

PROPERTY SEARCH AND SELECTION

Customized Home Search: Based on your criteria, we’ll find properties that meet your needs. This includes searching MLS listings and accessing off-market opportunities.
Access to Listings: Get early and exclusive access to new listings before they are publicly available.
Arrange Property Tours: We’ll schedule and accompany you on property viewings, including virtual tours if necessary, to help you evaluate potential homes.

MARKET ANALYSIS

PROPERTY EVALUATION

POST-PURCHASE SUPPORT

Move-In Guidance: Offer advice on the moving process, including organizing utilities, addressing address changes, and settling into your new home.
Home Maintenance Tips: Provide recommendations for maintaining and improving your new property to ensure it remains in excellent condition.
Ongoing Assistance: Continue to assist with any questions or issues that arise after the purchase, and provide support for future real estate needs.

NEGOTIATION AND OFFER MANAGEMENT

Strategic Offer Preparation: Help craft a competitive offer based on market analysis and property value, ensuring it meets your needs and stands out to sellers.
Submit Offers: Prepare and present your offer to the seller in a professional manner.
Negotiate Terms: Negotiate on your behalf to achieve the best possible price and terms. This includes negotiating repairs, closing costs, and contingencies.
Contingency Management: Address contingencies such as home inspections, financing, and appraisal issues.

TRANSACTION COORDINATION

Contract Management: Review and explain the terms, conditions, and obligations of the contract to ensure you understand your commitments.
Communicate with Parties: Coordinate communication between the seller, seller’s agent, lenders, and other relevant parties to keep the transaction on track.
Document Assistance: Help with the completion and submission of all necessary paperwork, including purchase agreements and disclosures.

INSPECTION AND APPRAISAL COORDINATION

Schedule Inspections: Arrange for necessary home inspections, pest inspections, and other evaluations to assess the property’s condition.
Review Inspection Reports: Assist in understanding and addressing any issues identified in inspection reports, negotiating repairs or adjustments as needed.
Appraisal Coordination: Ensure the property appraisal is completed and address any discrepancies between the appraisal value and the agreed purchase price.

CLOSING PROCESS

Final Walkthrough: Conduct a final walkthrough of the property to ensure it meets your expectations and is in the agreed-upon condition.
Closing Coordination: Manage the closing process, including working with your attorney, title company, and other involved parties to finalize the transaction.
Review Closing Documents: Help review and understand all closing documents, financial statements, and legal paperwork.

ADDITIONAL SERVICES

RELOCATION SERVICES

RECOMMENDATIONS FOR SERVICES

MARKET UPDATES

WHY CHOOSE US?

Experienced Professionals: Our team has extensive experience and deep knowledge of the local real estate market.
Personalized Service: We offer a tailored approach to meet your specific needs and preferences.
Trusted Network: Benefit from our network of industry professionals, including inspectors, lenders, and contractors.
Commitment to Your Success: We are dedicated to ensuring a successful and satisfying home- buying experience.

HOW LONG DOES THE HOME-BUYING PROCESS TAKE?

The timeline can vary, but from start to finish, it generally takes 1-3 months, depending on market conditions and individual circumstances.

WHAT SHOULD I LOOK FOR DURING PROPERTY VIEWINGS?

Pay attention to the condition of the home, neighborhood features, and how well the property meets your needs and preferences.

WHAT SHOULD I LOOK FOR DURING A HOME INSPECTION?

During a home inspection, look for any major structural issues, problems with the roof, plumbing, electrical systems, HVAC, and potential pest infestations. It’s also important to check or water damage, mold, and the condition of appliances. Your inspector will provide a detailed report of their findings.

FREQUENTLY ASKED QUESTIONS

HOW MUCH DOES IT COST TO WORK WITH A BUYER’S AGENT?

Typically, the seller covers the commission for both the seller’s and buyer’s agents. However, according to the NAR settlement, the seller is not required to pay the buyer’s agent. That said, it’s all negotiable, and the seller can still pay both commissions. In the event the seller doesn’t cover both sides, we charge 2.7% to the buyer. We are successful 90% of the time in having the seller pay this cost. Sometimes, the seller covers 2%, leaving you to cover only 0.7% of the property price. For example, on a $350,000 property, you would only pay $2,450, which would be added at the successful closing. We will work hard to ensure you don’t have any out-of-pocket expenses. Additionally, there is a $595 broker fee, which is taken by the broker, not your realtor. Generally, this fee is part of your closing costs and is not an extra charge.

HOW MUCH CAN I AFFORD TO SPEND ON A HOUSE?

The amount you can afford depends on your income, debts, credit score, and the down payment you can make. A general rule of thumb is to spend no more than 28-30% of your monthly gross income on housing costs. It’s best to get pre-approved for a mortgage to understand your budget more accurately.In addition to the purchase price, you should budget for closing costs (typically 2-5% of the purchase price), home inspections, appraisal fees, property taxes, homeowners insurance, and potential homeowners association (HOA) fees. Be sure to ask your lender for a detailed estimate of these costs. add closing 2-3 percent. in the events you have to pay your buyer’s agent, your closing costs could increase to 4.5-5%.

WHAT HAPPENS IF MY OFFER IS NOT ACCEPTED?

We will help you reassess and adjust your offer or continue searching for other suitable properties.