All Forum Posts by: Lydia S.

@Justin Sheppard

Welcome to BP!  I’m Sask born and raised and enjoyed Saskatoon for 6 years.  Good luck with your business and future investments!

@Michael Chang

Your pre-qualified budget is determined by your Lender who considers income, debts, credit score, etc.  If you don’t have a Lender yet, ask your Realtor for some superstars.

@Tyre Carmon

If you’re a buyer, asking a Realtor about their history at marketing homes may not be relevant since some only work with buyers and some only work with sellers.

Are you talking about investing and need someone who does both?  That’s a question to ask if the answer is yes.

Ask if they’ve had to write offers for investors, if they’ve been in multiple offer situations and been able to get their client the property successfully, and ask if they will write low-ball offers (if you’re an investor).

Also ask if they’re on a team and will be handing you off to someone else under them.

If it’s a personal residence you’re after, ask them about first time home buyer programs available in your area.

@Jasmine H.

Since Zillow is your source, just be aware that many of those may not actually be for sale.  
Nearly every home a buyer has ever asked me about from Zillow was not currently on the market, especially if it claimed to be a foreclosure or pre-forclosure.   Homes that sold months ago often linger on their site.

Albuquerque area has an incredibly low inventory right now.

To the best of my knowledge, referral fees are paid to the Brokerage, using their tax ID, then paid to the Realtor.  My experience has been with referrals in-state, out-of-state and even out-of-country.

Realtors cannot pay nor accept funds directly without risk of losing their license.

@Shannon McGrath

The time it took to write your question here could be spent contacting a Lender to get the answer ☺️
Contact a Lender now and find out if you’re able to qualify, then immediately get started on the offer if you do.
Good luck!

@Ethan Antwain Reynolds

If you won the bid and had an escalation clause, the clause should have been written up in such a way that it includes  receiving proof of the competing offer(s) that drove your offer up.  Next time, ensure your Realtor includes that language in the escalation clause.

@Mark Cios

Homepath offers have some significant paperwork that is different than the standard State Purchase Agreement forms and unless your Realtor has done one or is willing to study what’s involved to do it properly, you might wish to find someone else who has experience or the gumption to learn.

@Ben Morand

Whatever Brokerage you decide to hang your license under should be one that provides you with the direction and support you desire.  Ours has a mentorship program in place and I have mentored about 8 newer Realtors after having been mentored by our Broker myself.  Absolutely a vital tool if you ask me!

Plus, attend lots and lots of post licensing courses on contracts, negotiations, wells/septic, and the million other opportunities that your Association and Brokerage provide.

Best of luck to you!