We hadn’t been there that long and were just settling in. All I could think about while he was talking was I don’t want to have to move again.
What I learned from that experience was that being just a real estate broker isn’t enough. I learned that it takes more than just knowing real estate. You have to know mortgages, taxes, insurance, and about everything else tied to the home buying and selling process. I was taught that the average agent can’t help the typical person looking for help because they only know and understand real estate.
I got lucky because the broker offered to teach me the business when he saw that I understood things the first time he explained them.
He told me that he taught people for free as his way of giving back to an industry that had given so much to him so I took him up on the offer.
On the first day of classes, at his office before we started, he made me promise…
If I ever find myself in the position to create something that could help someone else with their real estate goals, I do it! Regardless of what anyone else thinks about what I create.
Taking the time to learn all the legal requirements, best practices, and figuring out what forms you need and what vendors you should hire.
You can take the time to answer all the calls from agents who have buyers trying to get you to pay them for bringing you a buyer.
You can take calls from investors who think because you're selling it yourself; they can get you to agree to sell to them for below what it's truly worth.
What about all the pretend investors who took a course from a guru and want you to finance the entire thing to them over 40 years at zero interest?
You can make all the calls to the buyers' lenders and see if they’ve really pre-approved them or just pre-qualified them.
You can try to figure out what an appraiser or home inspector may call out during their inspections to try to fix it ahead of time.
You can wait till it’s discovered and then spend days fighting with the buyer about how to fix it or how much money you’re okay giving them to fix it themselves.
You can spend your weekends letting random strangers walk through your house.
Strangers who may or may not be looking, or even be approved, ask you a million questions.
You can do all that and more, doing it on your own.
An agent who has no clue what things to look for when reviewing a buyers approval letter.
Or what questions to ask a lender to ensure that they actually did qualify them.
Or even what lenders or loan programs may be problematic that you may want to avoid.
You can go with a real estate agent who hasn’t been trained as a loan officer.
An agent who doesn’t know what red flags to look for to ensure you don’t fall out of escrow and to ensure you will close.
You can hire an agent who doesn’t understand the insurance market in California and risk that your home doesn’t sell because of it.
You can use an agent who has no clue about how interest rate moves matter. An agent who doesn't get how political events and global conflicts can impact and hurt you in the selling of your home.
You can go with someone who does real estate part time or got in the business just a few years ago and who has no clue about negotiations.
You can rely on someone who is an agent only, and is inexperienced.
....or a broker, who doesn’t understand how to manage transactions at a high level.
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Get a market tracker so that you can know how you’re doing vs the other homes on the market.
Get a pre-qualification process so you know that the offers you get are worth more than just the paper they're written on.
Get a home prepping process to know there'll be no surprises once you’re in contract that will have you renegotiating with your buyer.
Get a price point confirmation analysis to ensure your home doesn’t sit on the market forever and then forces you to chase the market with price drops.
Get a broker willing to tell you what you need to hear! So they don’t have to come back and beg you to make changes or compromise later. So that your home sells for what it could sell for, not the reduced price you have to eventually sell for.
Get an Omni presence marketing strategy so that you know your home is getting the highest and best exposure.
Get an offer filtration strategy so that you don’t waste your time with offers that make no sense or that won’t get you what you want and need.
Get a buyer screening process to ensure that the buyers are serious and able to actually make an offer that can close.
Get an agent screening process so that you’re confident that the buyer's agent knows what they're doing. So that your confident their paperwork won’t be prepared incorrectly and potentially create delays or kill your deal.
Get an ideal buyer profile so you know the best place to find your buyer.
Get a vendor process, so that you can feel secure that everyone on your team is experienced and won’t drop the ball at the last minute.
Serve First Realty | info@servefirstrealty.com
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