Why you need a buyer's agent

PRACTICAL APPROACH TO HOME PURCHASE:

Please allow us to take this opportunity to suggest several ideas worthy of consideration. Remember that purchasing your home is a PROCESS and not an event. There is a systematic approach that can make this process much more manageable, less stressful and more pleasant if you follow certain steps.

The first and most important decision that you have made at this time is consciously selecting a Realtor who is diligent, professional, knowledgeable and skillful, who will act on your behalf as a Buyer’s Representative in your transaction. You are not “just buying a home”; you are making an important financial and business decision that will have future consequences. You want to make sure that the transaction has you protected as much as possible from the horror stories that you may hear when buyers learn too late that they should have done something differently. One of our goals is to always structure the purchase agreement in such a way as to give our buyers every protective measure and contingency that is reasonable and acceptable to all parties. We accomplish this because WE DO REPRESENT YOU AS BUYER! We will give you 110% of our professional expertise. We ask in return only for your loyalty. Having said that, let us outline for you the steps YOU should take.

1) Select Varallo and Wyatt, Realtors as your Buyer’s Representative

2) Start the loan process by getting a written pre-qualification/pre-approval letter prior to your arrival to purchase a home - contact Monty Austell at maustell@franklinamerican.com

3) Make a list of specific parameters (Don’t box yourself in too much)

a. Price range
b. General area
c. Minimal requirements
d. Desirable features

4) Provide time for Varallo and Wyatt to preview

5) Schedule times to view selected properties

6) Discuss with Varallo and Wyatt the positive and negative aspects of homes in which you have a continued interest

7) Select one home to pursue

8) At this point, as your Buyer’s Agent, we will analyze the immediate market of your selected property including: average price per square foot of closed comparable properties and active listings in the neighborhood, average list price to sale price variance, average number of days on the market, current inventory and economical aspects affecting your purchase and future value

9) After discussion and consideration of #8, we would structure and negotiate the purchase agreement (From contract to closing is USUALLY 30-60 days on a resale or adequate time of completion on new construction)

10) Schedule (home/radon/septic) inspections (You select the inspectors but we will arrange access to home & see that you get the reports faxed to you ASAP)

11) Remove contingencies as determined by inspections within terms & conditions of the contract

12) Proceed with loan

13) Schedule and accompany you to the final walk-through prior to closing

14) Closing (of course, we will be there with you)

15) Live happily ever after!!!

We hope this will help you understand how we “professionally navigate” you through the process. You will determine the destination and we set the course into action. You can know that we will be with you every step of the way.

Respectfully,
Frank Varallo
Pamella Wyatt

Accredited Buyer Representative (ABR)
Certified Residential Specialist (CRS)
Graduate Realtor Institute (GRI)

WHY YOU NEED A BUYER'S AGENT:

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What you can expect
Practical Approach to Home Purchase
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