Tara Mastroeni of Forbes asks real estate agents to share the biggest lessons they’ve learned while searching for their own homes. Here’s what they had to say:
Start looking early: Matt Bruns, Branch Manager, Berkshire Hathaway HomeServices Select Properties says him and his fiancé had been saving and looking for a few years. They knew what they wanted and before they were even thinking about making a move, the perfect home came on the market. Since they had a loan approval ready, they were ready to jump on it.
Consider using a rating system: “The biggest lesson that I learned in the home search process from our Realtor was to identify our top three or four needs and wants in a house before looking. When looking at homes, we were able to rate each property on a scale of 1-10, based on what we decided was important. This rating scale allowed us to score the homes we saw, and by process of elimination, select the best home for us to put an offer in on. We are thrilled to say that we have been in our home for a year now and we love it!” Claire Zastrow, Chief Operating Officer, Realty Executives Integrity in Madison, WI.
Always do your own inspections: “During my first year as a Realtor, I was eager to buy my first home,” says Melissa Blevins of Real Broker LLC in Springfield, IL. Even though her home was pre-inspected, she felt like she needed to pay a separate company for her own inspection. As soon as the water was turned on in many rooms in the house hundreds of tiny bugs came up through the drain. She walked away from the home and found another. She learned a valuable lesson to always pay for your own inspection.
Try not to get too emotional: Holly Williams of The Williams Group with Century 21 Redwood Realty in Alexandria, VA says she had purchased a few homes for her family and one of the biggest lessons she’s learned is to be logical , not emotional. When she purchased her last home they were so excited about the neighborhood that they overlooked some big design errors. One of which was the master bathroom had no electrical outlets!
Don’t give up: “My wife and I found the perfect home when we were first looking to buy,” says Jonathan Budwig of The Budwig Team at Realty One Group based in Scottsdale, AZ. They offered full price, but they still sold it to another buyer. They considered putting a hold on their home search after that thinking they had lost the only home that was right for them. Jonathan was wrong he states, because three weeks later they found the perfect home.
Have you been searching for a home and learned a valuable lesson? Share in the comments below! An experienced Florida real estate attorney can help navigate the home search and buying process.
Source: Forbes.com – Read Full Article Here
Kara L. Stachel, Esq. is an experienced Fort Lauderdale real estate attorney. Ms. Stachel is admitted to the Florida Bar and the New Jersey Bar, and is a member of the Florida Bar Journal’s Editorial Board, American Bar Association, Commercial Real Estate Women Network, and Real Property, Probate and Trust Law Section of the Florida Bar.
Stachel Law’s real estate clients include lenders, brokers, investors, consumers, sellers, and real estate agents, all of whom are counseled and represented throughout every step of a legal matter. The firm provides clients with extensive experience in complex real estate transactions and litigation.