Buyer Info Seminar

Private Buyer Info Session

We take your comfort level seriously. With you, a potential new client, one of us will invest up to an hour and a half to take you through our well-developed Buyer’s Guide from start to finish, and to listen to your goals and expectations. In addition to reviewing the guide, a buying timeline, a sample Contract of Purchase and Sale, and talking about what’s going to happen when, why, and for how much money (closing costs, etc.), we will go through different offer scenarios and discuss your expectations and wish list.

You’ve likely heard a few stories about how buying a home can be complicated, emotional, and risk-laden. If you are educated about the process and have a solid understanding of the major factors involved, it shouldn’t be. A solid frame of reference BEFOREHAND will enable you to make the right decisions at the right time, and to do so comfortably.

Our primary goal is to ensure you are relaxed, optimistic, and confident going forward. See below for a sample itinerary of a Buyer’s Info Seminar.

BUYER’S INFORMATION SESSION: SAMPLE OUTLINE

Benefits of Working with a Realtor

-Professional represention in your best interests, throughout the buying process

-Constant education and guidance

-Saving time

-Elimination of risks

-Market knowledge (e.g., avoiding inappropriate or risky properties)

-Greatly increased chance of being successful in the Vancouver market

Who We Are, Who Your Realtor Is

-Introduction, our service ethic, our goal with the client

Determine How Much You Can Afford/ Have a Lender Pre-Qualify You

-Why this is such an important first step, how easy it is

-Closing costs, what they are, Property Transfer Tax

Find a Real Estate Agent to Assist You/ What You Should Expect

-Merits upon which you should choose your realtor

-Agency Relationships: what they are, how they work

-How Realtors get paid for their services

Find a Home That Fits Your Needs

-The search process, how your realtor selects appropriate properties

-Property Tours and Open Houses: what to expect

-The benefits of open communication with your realtor

-Stratas: how they work, essential information

-Defining your wants vs needs vs budget

Make an Offer to Purchase a Home

-Timeline of an offer from presentation to subject removal

-Components of an offer

-Subjects: to whose benefit, what they are, how they work, timeframe, removal

-Offer scenarios: competing offers, non-competing offers, overpriced, etc…

-Strategies: what it takes to be successful in this market

After Accepted Offer

-The subject removal period, ‘homework’ expectations, when deposit will be required, etc…

-Reviewing documents: what they are, how to interpret, what to expect

-Arranging inspections and other services if necessary

Completing the Purchase

-What to do/expect between subject removal and completion (insurances, lawyer, etc.), statement of adjustments, financing preparations

-What to expect upon completion: obtaining keys, condition of home

-What to expect from your realtor post-completion: solving outstanding issues, follow-up, ongoing services

Sample Contract of Purchase and Sale & Timeline

-Complete review of the Contract that will be used, referenced visually to a timeline graph

Discussion of Wants, Needs and Expectations, and Setting Goals

-The fun part begins: exploring your ‘wish-list’, reviewing conditions in your market, planning the next steps!