These are some really great tips, especially if you have no idea where to start!
In many cities, rent expenses are growing faster than actual home prices. It’s becoming cheaper to own than to rent, and people are realizing it. However, to buy a home, you do need to have some money to your name for a down payment, which is why less people are switching over. But, there are ways to buy a home with a small down payment (or even none at all!) For the pros and cons of buying a home with a smaller down payment, check out this post by Kyle Hiscock at the Rochester Real Estate Blog:
-It lets you buy a home when you have good credit/job history, but no saved money.
-It won’t drain your savings account
-Lack of immediate equity- you’ll need to stay in that home for more than 5 years before moving.
-Mortgage insurance required
-Higher interest rates
Preparing in advance is the best way to remove stress from any huge event. If you’ve taken the time to think of every detail, there won’t be any nasty surprises. When moving (especially a big move, like across state lines), this planning and research is even more crucial. Not only do you have to anticipate the moving process, but you have to learn about your new area. For tips on making the transition way less stressful, check out this post by Kyle Hiscock at the Rochester Real Estate Blog:
-Research the local economy and job market!
-Research local things to do
-Research the local real estate market- find out home prices, and cost of living expenses.
-Look at local neighborhoods
-Check out the school systems
Some new agents (or more introverted veteran agents) may struggle with phone calls and figuring out exactly what to say to clients. It can be daunting to call someone up, and ask them if they need your business. However, there’s some good news! Texting people is a wonderful alternative for those who dread phone calls, and gives you more time to choose your words. Just make sure to send them promptly, and never leave a question unanswered. Check out this post by Paula Bauman at Easy Agent Pro for a list of handy, pre-written texts to send to clients in a variety of situations, like:
-If they were reading your blog
-If they were checking out a community page
-If they were looking at a specific property