The Process of Buying Your Home

Buying Your Home Leave a Comment

buyersguide

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The process of buying a house has changed significantly with the popularity of websites like Realtor.com and Zillow.com. Potential buyers can easily search for homes based on features and price, access historical sales data as well as basic census data about neighborhoods and ratings of local schools – all from their computer, tablet or cell phone. This leads some buyers to question whether they need an agent in order to purchase the home of their dreams. Experienced agents like Dan Konicek still bring value to the search process with knowledge of the local market, access to historical data and advance notice of homes coming on the market. But the real work starts AFTER your ideal home is found, not before.  

Once you determine the home you want, it’s time to make an offer. Dan will prevent you from overpaying on a property and help you decide on the right strategy. With access to price data for home sales in the area and a localized understanding of current market trends and conditions, he can recommend a bidding strategy that targets comparable properties that sold for less, rather than at midrange. When it comes to negotiating on the purchase of a property, there’s no substitute for experience and professionalism. Dan will serve as an important buffer between you and the seller’s agent and guide you throughout the process, ensuring that you end up with the best deal.

Dan Konicek is a licensed real-estate agent who has been working in southeastern Wisconsin for over 13 years. As your buyer’s agent, he is working exclusively on your behalf. This may mean negotiating with the seller for a smaller deposit or to pay the closing costs one day and helping you find a real estate lawyer, inspector or financing institution the next. Purchasing a home is a complicated business transaction that requires a fair amount of legal expertise. Don’t go through the process without the reassurance of having someone who manages these transactions every day on your team.

The home buying process is stressful enough without worrying about who you can and cannot trust. Let Dan Konicek be your trusted advocate. He will guide you through the process and the daunting amount of paperwork as well as answer all of your questions (even the last minute ones), from start to close. And the best part is that you don’t have to pay him. His payment comes from the seller!

Buyer Agents and the Agreements

According to most buyer agency agreements, the buyer’s agent must do these things:

  • Protect their client’s financial information
  • Negotiate the best possible price for the buyer
  • Must disclose to the buyer if they are working with another buyer interested in the same property
  • Show all properties the buyer is interested in that fits their criteria and budget
  • Connect you with the service providers—inspectors, lenders, home warranty companies—to best suit your needs

 

The buyer also has some responsibilities to their buyer’s agent:

  • Buyers must work with their buyers agent exclusively
  • Buyers should never give personal information to any other agent
  • Buyers should not call other agents to see properties, even if they think they are saving their agent some time and effort
  • Buyers should clearly define their must haves and deal breakers to help their agent streamline the showing process

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