Fusionpartners - Creative thinking for the real estate world

Archive for August, 2010

Who Are the Ones who Go Above and Beyond?

imgres Who Are the Ones who Go Above and Beyond?

As Published in The Seattle Times/ New Homes Saturday

by Al Doyle

Several years ago I was shopping for a new home and happened onto an open house that caught me eye.  There I met an agent with whom I would have a relationship for at least two decades so far.  I have bought from her. Sold with her. And referred her to numerous friends.  I learned there is real value brought to the table by a highly motivated, well-schooled real estate agent.  Today, I am in contact with dozens of top quality agents who are dedicated to one homebuilder or one community.  This group of New Home Professionals has earned my highest respect based on their knowledge of product and process as well as their unwavering commitment to making sure that the home buyer is well represented in the transcation.  Today a New Home Professional, when working for any of the major new home builders is a consummate professional.  These agents are given hours and hours of training, required to know their homes inside and out.  They know financing options. They understand what it takes to help a home buyer get exactly what they want. The attribute that impresses me the most is their commitment to their buyer’s needs.   If you’re in the market for a new home (and today would be a good day to start looking) I suggested you make friends with the agents, New Home Professionals, you meet along the way.  Get to know them.  Understand that they are pros who are paid to help you find what you need. Be as forthcoming with them as you are comfortable with.  Let them know your price ranges and budgets.  Share about a home you might have to sell. Ask them to assist you on finding out how much home you can comfortably finance.  When you give the New Home Professional the information they need, stand back and expect exceptional results.  Be sure you describe your tastes, your lifestyle, special needs and commuting habits. This way the New Home Professional can match you up with a home that is just right for you. Where the extra value really kicks in is during the process of closing the home sale. Your agent can walk you through the process, do the needed follow-up and make sure all the varied parties from builder to lender to appraiser to closing agent stay on track.  That alone provides huge peace of mind you need to sleep like a baby.

By the way, if you happen to be a New Home Professional reading this message, I want to remind you of the Tribute Awards of The New Home Council.  These annual rewards are designed to recognize those agents who go above and beyond in taking care of their new home customers.  If you, as an agent or manager, would like to nominate one of your peers, visit www.thenewhomecouncil.com for details. It’s quite simple and can really encourage and reward the professionalism of the entire industry.

New, for those who are thinking this might be the right time to buy a new home, my advice is start with the Saturday paper, and get out there today and start meeting some New Home professionals it’s a great way to make a new friend and end up in a new home.

Comments are off for this post

What is the Best Time to Buy A New Home?

imgres What is the Best Time to Buy A New Home?

As Published in The Seattle Times/ New Homes Saturday

by Al Doyle

I bought my first home at age 18.  I needed to get the loan co-signed, most of my friends laughed at me, but this was without a doubt one of the best moves of my life.  Today, some 40+ years later, I’m renting for the first time in my life, and thinking a lot about when is the best time to buy a new home.  Every morning there is a new blog, a news story or an office conversation that speculates about the future of the housing industry.  Each expert attempts to top the next with stories varying in nature from The Apocalypse to Pollyanna.  Most of these pundits are focusing on the wrong point — the investment aspect of a new home.  Not until the early 2000s did investment become a major driver in home ownership.  It was a given that over time, owning a home would benefit a family nest egg, but new homes were not get-rich-quick schemes.  Today is no different.

Here are the generation-proven reasons for buying a new home.  A new home is a place to settle in and put down roots.  It’s a chance to make a commitment to a neighborhood and a community and build friends and contacts.  A new home gives a person or a family a sense of pride and wellbeing.  A new home, particularly today, is built to energy efficiency and sustainable standards that can save the owner tens of thousands of dollars in operating and maintenance costs over its lifetime.  A new home is something, unlike a rental, that can be personalized and decorated to reflect your tastes, your values and your entertaining style.  A new home, and making regular payments, not only build equity, but also can anchor a personal credit score, enabling other investments.  With a new home, your monthly cost can be fixed for the next thirty years (then go away when it’s paid off).  Often homebuyers learn that a new home can be paid for in full in less than 15 years with a little extra payment each month.   If you are renting a home or an apartment now, what direction do you think your rent payment is headed?  Historically rents rise, and with an increasing demand on the housing stock in the Northwest and limited new apartments under construction, a shortage of rental units could easily drive rents up faster than the cost of living.

For me, personally, the best reason to buy a new home, instead of renting or shopping for a resale home, is design.  New homes offer floor plans and features that are more exciting that ever.  Homebuilders, particularly in the Puget Sound market, are becoming quite innovative in their offerings.  Now more than ever, the selection is outstanding.  Depending on your stage of life you should be able to find the perfect match in the perfect neighborhood, from high rise condominiums in a downtown setting to cottages tucked along quaint tree-lined streets, to the family home with a big back yard and lots of neighbor kids to play with.

So, what is the best time to buy a new home? How about now?  I always start with the Saturday paper.

Comments are off for this post