When it comes to one of the biggest financial decisions of your life, you’ll want to ensure you have all the right people on your side. Afterall, from real estate agents to loan originators, purchasing a home truly takes a village. Here’s how to determine fit and feel confident when it comes to assembling your ideal homebuying team.
They have the right experience
Depending on your situation, you may decide to seek out someone with specific expertise. For example, if you’re buying with a low credit score or when self employed (Investopedia, 2021), professionals who have worked with clients in similar situations in the past might be more of a fit. Or, maybe you just want someone who knows your loan type or neighborhood of choice like the back of their hand. Either way, assess your unique needs and ensure this professional can address them.
They’re helpful in stressful situations
The homebuying process can get intense (Nerdwallet, 2019), and you’ll want to have someone supportive on your side. ‘Supportive’ looks a little different for everyone, though. Do you want someone to push or challenge you when the going gets tough? Or, would you prefer someone console you and pitch alternatives in times of frustration? They don’t call it a homebuying team for nothing, so be sure to select the right teammates.
Their communication style compliments yours
Communication is key when it comes to navigating the homebuying process (Realty Times, 2019). Whether all-day text conversations or weekly phone calls, most of us have a preferred method and frequency of communication. A good fit means your agent or loan originator won’t be messaging you at all hours of the day. Unless, of course, that’s what you’d prefer!
They provide the level of support you need
From confidence to decisiveness, each and every buyer is vastly different. Do you want to call the shots or are you more along for the ride? Certain buyers know exactly what they want from their home and home loan, so the right homebuying team can focus more on support. Others want to be guided through the process. They’ll benefit from someone who takes the reins and facilitates the entire experience. Decide how involved you’d like to be and ensure each professional can accommodate.
Finding the right fit
Purchasing a home is a big decision and can be an intense process. You want the right people working behind the scenes to help make your dream a reality. By considering your unique needs, and ensuring each team member can meet them, you’re one step closer to homeownership.
Published on April 19, 2021
