Have
you ever been guilty of reading something and then getting to the end of
the page and realizing that you have no idea what you just read? Maybe
you were thinking about a meeting, a book, a phone call you need to
make, or what you were making for dinner that night – or maybe it was
just really boring or confusing and you had a hard time focusing. I
wonder how many home buyers feel like they have
read through something and not even really ‘read’ it because it is a whole new
language. As a newer agent with a
background in education and research, I assure you every field has its own bank
of acronyms and vocabulary and our industry (real estate) is no different. It
is this new language that I found most challenging initially. From short sales,
bank owned, and foreclosures (which most people have some understanding of) to
REO, HUD, HOA, CMA, ARM, CCR, amortization schedules, special assessments,
metes and bounds, you name it – it can
be confusing. Most people understand the
adjectives we use to describe the areas… quaint, charming, views – mountain,
waterfront, Puget Sound, and of course the amenities… great schools, safe,
clean communities, friendly library, shops within walking distance, close to public
transit, Amtrak, Kingston Ferries…but these are all easy to know about. When a buyer or seller is completing a
binding contract how well do we educate them on the contract? Just like students in a classroom buyers come
to us with varying degrees of background knowledge…
I don’t mean to go on and on, rambling and bore you so I will wrap this up for the evening and tie these two anecdotes together tomorrow! I hope this was worth a read and some
consideration…wait until you see how I was able to laugh at myself later
this day! I could take a lesson from my little pep talk. I’ll say
that much.
How much
information is too much when preparing your clients for the mountain of
paperwork and what can be a lengthy process of buying a home, especially
in the cases of short sales.
Tracey
Holmes, Buyer’s Representative with the Katrina Eileen Real Estate Team
of Keller Williams CPRE, LLC is the author of this post. Tracey is
passionate about leading buyers over the bridge of decision, answering
any and all questions along the way, either with her knowledge or the
expert advice of the right professional. Tracey can be reached at
(425)971-8865. The awesome team of Katrina Eileen Real Estate Team is led by Katrina herself. Katrina can be reached at (425)931-3275. Our website is http://EdmondsHomeFinder.com or http://SnohomishCountyHomeFinder.com
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Katrina Eileen
Snohomish County Realtor®
Keller Williams Realty Bothell
(425) 931-3275
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http://www.SnohomishCountyHomefinder.com
Snohomish County, WA Real Estate, Condos, Homes for Sale
Lynnwood, WA Real Estate, Condos, Homes for Sale
Marysville, WA Real Estate, Condos, Homes for Sale
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# posted by
Katrina Eileen @ 1:43 PM
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