Contact

David Pruett

(770) 595-0318

Address

952 Peachtree St NE
Atlanta GA 30309-0305
O: (404) 480-4663

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Buyer Services

Elevating the Real Estate Experience

How to buy a home with peace of mind and security

When it's time to get serious about buying a home, hiring the right realtor is crucial. The right realtor can make the difference between winning your dream home or losing out to other interested buyers. Over 50% of buyers want their realtor to find properties, but they need to realize that a realtor's job is also to provide counsel throughout the buying process.

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Advocating for

the Buyer and Facilitating the Close

  • Prepare the buyer for executing a Buyer Brokerage Agreement
  • Explain agency relationships to the buyer and get state required legal consent to represent.
  • Inform the buyer of working relationship based on state law, the REALTORS ® Code of Ethics, and the broker’s business policies
  • Learn the buyer’s wants and non-negotiable needs
  • Understand the buyer’s budget and what will be needed financially
  • Help the buyer understand what property their chosen budget will buy
  • Consider having the buyer fill out a homebuyer’s checklist
  • Assist the buyer in examining how much they can afford to spend
  • Provide quality lender resources
  • Partner with the buyer to locate suitable properties for consideration
  • Match the buyer’s needs with available property
  • Constantly re-evaluate buyer’s needs and refocus property showings to fit those needs
  • After ensuring the buyer understands what is done for them, how it is done, and the benefit to them, obtain signatures on the Buyer Brokerage Agreement
  • Explain how compensation is paid, who pays it, and what the buyer’s options are for paying if REALTORS®are members of the National Association of REALTORS
  • Communicate the working relationship based on state law, the REALTORS ® Code of Ethics, and the broker’s business policies
  • Explain Federal and State Fair Housing laws
  • Explain what to look for in applicable property disclosures
  • Reassure the buyer that their personal information will remain confidential
  • Inform the buyer that you will always disclose all known material defects
  • In accordance with state law, provide information on checking the sex-offender registry and crime statistics for the neighborhood per the information in the Purchase and Sale Agreement
  • Discuss available resources that the buyer can check to learn more about prospective neighborhoods
  • Provide a copy of the Protect Yourself When Buying Real Property GAR brochure
  • Explain the timeline for house hunting, mortgage approval, and closing
  • Explain the local market and how it impacts the buyer
  • Show statistics on what percentage of list price sellers in the area are currently receiving
  • Inform the buyer on what home features are popular
  • Identify current average days on market
  • Share the dangers of using the price per square foot to figure home values
  • Explain the concept of absorption rate and how it impacts the buying process
  • Indicate current listing months of market inventory
  • Share estimated potential out-of-pocket costs to complete the transaction
  • Assist the buyer in analyzing the loan estimates per the information in the Purchase and Sale Agreement
  • Qualify the buyer for financial ability to purchase
  • Help the buyer account for the complete costs of homeownership
  • Prepare lender for listing agent calls
  • Assist in comparing different financing options
  • Help the buyer select for viewing only those homes that fit their needs
  • Proceed in showing homes that fit the buyer’s must-haves
  • Caution the buyer on posting information to social media
  • Review the sample sales contract so the buyer is prepared when it comes time to make an offer
  • Schedule showings and provide access to all listed properties as soon as they become available in their local MLS broker marketplaces
  • Educate the buyer on the immediacy of new listings appearing in their local MLS broker marketplaces and the lag time for them to appear on some websites
  • Collaborate with the buyer on properties they may have learned about through their sphere contacts
  • Research and assist on all unlisted properties the buyer wishes to see
  • Preview properties prior to showing if needed
  • Network with other agents to source properties not yet in their local MLS broker marketplaces
  • Contact homeowners in focus areas to see if they are considering selling
  • Set up an automated email alert system through their local MLS broker marketplaces that immediately notifies the buyer of properties that fit discussed requirements
  • Arrange a tour of areas, schools, and key points of interest
  • Provide resources containing neighborhood information on municipal services, schools, etc.
  • Inform the buyer of negative aspects like nearby venues or operations that may result in issues that could
    impact value
  • Collect and share any other vital information on available homes, remembering to follow all fair housing laws
    at all times
  • Check applicable zoning and building restrictions
  • Help the buyer decipher public property and tax information
  • Collect and share pertinent data on values, taxes, utility costs, etc.
  • Compare each property shown to the buyer’s wants and needs list and remind them of what they were looking for
  • Help the buyer narrow the search until the buyer identifies top choices
  • Assist the buyer in getting the best property at the best price
  • Suggest that the buyer learn more about the neighborhood prior to making an offer
  • Prepare a comparative market analysis (CMA) in advance of making an offer
  • Prepare the buyer to have the most attractive offer in the current marketplace
  • Explain common contract contingencies and include approved protective clauses in the purchase offer
  • Ensure that the buyer receives and understands all state and federally required disclosure forms
  • Prioritize contract negotiation goals with the buyer
  • Help create a negotiating strategy
  • Use strategies such as an escalation clause to maintain a competitive offer
  • Prepare the buyer for a multiple offer situation and develop negotiation strategies
  • Write an offer that has a reasonable chance of being accepted
  • Recommend optional contingencies and explain the pros and cons of using them
  • Provide information on purchasing incentives that may be available
  • Discuss financing alternatives
  • Negotiate the buyer’s offers to arrive at the best price and terms
  • Utilize hyperlocal expertise and strong communication skills to assist the buyer in being the successful offer

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DAVID PRUETT

(770) 595-0318

952 PEACHTREE ST NE ATLANTA GA 30309

O: (404) 480-4663

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Get in Touch

DAVID PRUETT

(770) 595-0318

952 PEACHTREE ST NE ATLANTA GA 30309

O: (404) 480-4663