Our Services to Buyers
Stage 1 (Game Plan)
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Initial meeting with client
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Determine Buyer’s desires (needs/wants in a new home)
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Review duties / responsibilities of a Buyer’s Agent in California
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Provide Buyer Package with a sample of local Purchase Agreements (contracts)
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Ensure Buyer is pre-approved with a known lender
Stage 2 (Property Search)
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Set Buyer up on a listing alert service
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Preview properties on behalf of Buyer
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Show properties to Buyer
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Help Buyer select ideal property
Stage 3 (The Offer)
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Validate what is included in sale via MLS details
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Obtain copy of Title information to identify property owner(s)
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Contact Listing Agent to validate property is still available; confirm any special terms for offer
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Prepare a Market Analysis in the area to determine offer price
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Obtain and review available disclosures with Buyer
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Prepare Purchase Agreement (aka Purchase Contract) on behalf of Buyer
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Prepare personal letter from Buyer to Seller
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Obtain Earnest Deposit for purchase of the home and proof of down payment, to be submitted with offer
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Prepare package for Listing Agent, including cover letter
Stage 4 (Negotiation)
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Present Buyer offer to Listing Agent
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Ensure Buyer’s Lender available by phone in case finance questions are being asked by Listing Agent
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Respond / negotiate counter-offers and contract addendums
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Prepare new counter-offers / addendums on behalf of Buyer
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Acknowledge ratified contract on behalf of Buyer
Stage 5 (In Contract)
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Send copy of ratified Purchase Agreement and Property Profile to Buyer’s Lender to start lender underwriting
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Open Escrow with local Title Company if not done by Listing Agent
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Send copy of ratified Purchase Agreement to Escrow Officer for closing instructions
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Order any secondary inspections requested by Buyer
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Be onsite for property inspections
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Be onsite to meet appraiser with copies of current comps to assure maximum value is received by Buyer
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Review new disclosures and inspections with Buyer
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Negotiate contract adjustments and credits if new defects are found as part of property inspections
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Assure loan underwriting moves forward on schedule
Stage 6 (Close of Escrow)
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Manage the timely release of contingencies on behalf of Buyer
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Ensure Buyer has Certified Funds for amount due at closing
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Ensure Lender funds are received by Title in time for closing
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Arrange and attend Buyer final walk-through prior to close of escrow
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Review “Closing Costs” on a HUD-1 Estimated Worksheet for accuracy
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Provide a list of potential qualified vendors (e.g. movers, attorneys, carpenters, painters, etc.) if these services are needed
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Validate house is clean and all of Seller’s possessions are removed prior to close of escrow
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Monitor closing so transfer of property occurs as planned
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Once property recording is complete, deliver keys to new Home Owner
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Validate MLS is updated denoting property sale is complete