Buyers Advantage

The My SA Texas Homes Advantage for San Antonio and surrounding areas home buying services

Buying a home will typically be the largest single transaction of anyone's life. Having the right representation in the home buying process will help protect your interests. Having expertise in the local real estate market can help assure that you are making the right decision. As your buyers agent I will help you select the right property, negotiate on your behalf in order to get the best possible price for your new home, and help you throughout the home buying process. I represent buyers in San Antonio, (%CITY2%], Spring Branch, Timberwood Park, Hollywood Park, Cibolo Canyons, and other surrounding local areas. 
 
As your agent, I will do the following:
  • Assist you throughout the entire home buying process.
  • Engage in a thorough review of all local area homes for sale and schedule time for you to view these properties.
  • Help negotiate on your behalf to get the best possible price for your new home.
  • Provide you with a comprehensive review of the local real estate market.
  • Help you understand the quality of our local schools.
  • Walk you through the entire home buying process.
(read a more detailed explanation below) 

Why Use a REALTOR To Buy Your Home

Shared with permission of the author, Warner Robins Real Estate Specialist, Anita Clark “Why Buyers Should Use a Realtor®” … Our special thanks to Anita for allowing us to share this list with you and allowing us to make modifications as applicable to Texas

Why Use a REALTOR® To Buy Your Home
While not all inclusive and not all are always applicable, the list below identifies some of the things a professional REALTOR® will do for you or on your behalf.

Pre Showing:

· Make appointment with buyer to find buyer’s wants and needs in a home

· Have buyer contact lender to get pre-approved for a loan

· Get pre-approval from lender to begin showing houses

· Have buyer access our website to begin looking at available homes

· Confirm time to meet with buyer

· Prepare Agency Disclosure FOR Buyer signature

Meet With Buyer:

· Discuss agency

· Discuss wants and needs in a home, price range, time frame, how motivated the buyer is

· Discuss areas in which buyer would like to look

· Does buyer have a home that must sell prior to purchase?

· Explain that it does not cost buyers out-of-pocket to work with a REALTOR® – seller or builder pays

· Not in buyer’s best interest to work with multiple agents – need an “advocate” and loyalty

· Do computer research to find homes that meet buyer parameters

· Set appointments to view several homes

· View homes and get a feeling for what does and doesn’t appeal to buyer

· Will show houses one day, then must decide on Buyer Representation

· Sign Buyer Representation Agreement

After the Buyer Agency is Signed:

· Copies of all documents – give a set to buyer

· Do another computer search and narrow or expand the field of possible homes

· Prepare showing inventory

· Preview homes by phone and physically, if necessary

· Check MLS for potential homes

· Input buyer into Outlook

After Buyer Selects a House:

· Pull property city and tax records

· Pull listing history, if applicable

· Pull comps on active, sold, pending, withdrawn, expired, and cancelled listings

· Prepare Comparative Market Analysis - CMA

· Print map of property and comps

· Prepare contract

· Receive all disclosures

· Discuss contract with buyer

· Sign seller’s property disclosure

· Complete lead-based paint disclosure if applicable

· Discuss CMA

· Discuss offer and pricing strategy based on professional judgment and market

· Discuss availability of home owner’s warranty

· Get copies of leases, if applicable

Contract Negotiations:

· Discuss exclusions, dates, etc. with other agent

· Review Contract Addendum

· Evaluate offer and prepare a “Net Sheet” for buyer

· Negotiate the offer and options

· Convey pre-qualification letter

· Sign offer or reevaluate offer, if necessary

· Prepare and convey any counteroffers, acceptances, or amendments

· Acceptance deadline time

· Renegotiate however many times necessary and finalize

· Receive signed contract or counter-proposal

· Discuss options with buyer; if accepted, go “under contract”

· Make applicable copies

· Convey signed copies to other agent

After Contract is Signed by All Parties:

· Copies of all documents – copies to buyer

· Make copy of earnest money, option money and contract

· Deliver check to other agent

· Convey contract to title company

· Do necessary paperwork for unusual conditions

· Copies of leases and damage deposit receipts, if applicable

· Track seller’s property disclosure deadline

· Inspection objection deadline

· Resolution deadline

· Property insurance objection deadline

· Review all paperwork for signatures

· Get all necessary signatures

· If mail-out, get instructions and addresses

· Notify title company of mail out

· If POA needed, get original from title company

· Get POA signed and notarized

· Is buyer’s current house on the market – resolve timing issues

· Resolve any title disputes

· Set up closing time

· Verify closing date and time and make all parties aware

· Assist in solving any title problems (boundary disputes, easements, etc.)

· Assist in obtaining Death Certificates, if applicable

· Receive list of completed repairs and maintenance items seller has done

· Verify HOA fees and disclosures, if applicable

· Mail copy of contract to buyer – include MLS printout and projected buyer cost sheet

Home Inspection:

· Coordinate time with seller, agents, buyer, inspector

· Review notice of unsatisfactory conditions with buyer

· Help buyer negotiate inspection objections

· Help buyer with repair estimates or a credit at closing

· Copy of inspection notice to file

The Appraisal:

· Coordinate time with seller, agents, buyer, appraiser

· Verify appraisal completed and satisfactory

· If appraisal low, discuss options with buyer

If Contract Fails:

· Fill out all necessary paperwork

· Get release of earnest money forms signed

· Get earnest money back for buyer

Closing Preparations and Duties:

· Schedule walk through with buyer

· Verify with buyer approximate monetary amount needed

· If mail-out, verify correct mailing address

· Confirm mail-out with closer

· Title deadline

· Title objection deadline

· Survey deadline

· Survey objection deadline

· Document request deadline

· Right of First Refusal deadline

· Coordinate possession date and possession time

· Prepare disbursement authorizations

· Notify title company of any amend/extends or date/money changes

· Call buyer and discuss final figures

· Remind buyer to bring picture ID

· Discuss buyer’s need for cashier’s check

· Deal with all last-minute crises

Post Sale:

· Enter sales data for county records

· Scan entire file for storage

Sourced from 175+ tips on "Why Buyers Should Use a Realtor® Warner Robins Real Estate Specialist, Anita Clark