What Do We Mean When We Say Buyer Ready Day One

Watch the video below to find out

Jason Fox of The Madrona Group Real Estate Team explains why it is a good idea to be buyer ready day one. What that means and how it will benefit you the home buyer.

Until the market settles down it is very likely you will find yourself in a bidding scenario when purchasing a home or condo in the Greater Seattle area.

Luckily, we have created a system for having a better chance at winning at bidding wars.

You can learn more about what our home buying strategy and how to win a bidding war here:  Read Article Here

Both Joe Kiser and Jason believe that it is beneficial that we sit down or schedule a Zoom meeting with home buyers, especially first time home buyers and go over the state of the current real estate market. That way we are all on the same page and have a good understanding of the current state of the market.

It is also important that everyone understands how the process works, what type of forms are going to be used, and a clarification of the different services we will be using and what role they play.

Additional Home Buying Resources

This is the another video in our series of videos that outline our Home Buyer Presentation.

To view the flow chart and even more information for How To Buy a House visit this page.

To learn about why it is not always necessary to put 20% down on your house visit this page.

VIDEO TRANSCRIPT

Hi everybody it’s Jason Fox and when
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you’re getting ready to start your home
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search to buy your new home we want you
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to be Buyer Ready Day One. Every market is
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a little bit different and there are
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some factors that kind of help
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differentiate the different markets.
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Some of those are interest rates, the
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season, and inventory. Those different
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factors can help determine whether or
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not there are a what we call a backlog
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of buyers. The backlog of buyers can
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be a small medium or large amount of
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buyer pool that are looking to buy in a
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particular timeframe. Knowing these
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factors can help us prepare a strategy
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for you as the buyer to make sure that
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we’re not only finding you the
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house that you love but we’re also
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making sure that we get you the very
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best possible price. That we’re
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competitive in our bidding processes, if
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that is what is necessary. When we walk
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into a home and you say, wow this is the
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one, then everything can start to move
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pretty quickly so it’s important that we
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are familiar with all the forms,
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the different moving pieces and also
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where the market is at and what it might
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take to craft an offer. To have a strategy
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to buy the home not only to get the home
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that you love but to try to get the very
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best price and terms possible. It’s
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important that we understand the market
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or that we’re Buyer Ready Day One.