Three quick ways to pre qualify home buyers say Jeff Adams With favorable home finance interest rates long-term to hold, the market is being flooded with homeowners looking to improve to big houses, as well as confident first time homebuyers.
This presents a great opportunity for you as a real estate agent, with big numbers of clients to choose from. But, this wave of potential homebuyers also means that it's more significant than ever to make sure you are spending your precious time working with the right buyers, rather than wasting time with ones who are not an excellent fit for you.
Three quick ways to pre qualify home buyers say Jeff Adams
Make sure you the decision-maker
Before doing any work with a client, it's main to confirm that you are dealing with all the people who will ultimately be concerned in the purchasing decision. if not, you run the risk of having to repeat the entire sales process with another person and in some one cases the deal can end up falling through altogether.
Even if someone seems like they are the real buyer, there are plenty of conditions in which they may be casually shopping without their spouse. Or they may be setting up to finance their home with a cosigner who needs to weigh in on the decision. So it's main to find this out ahead of time.
One simple way to do this is by saying something like, that simple line can save you untold amounts of time and power!
Prepare a question
Just inquiring about a homebuyer's financial circumstances can be a good way to gather details and spot any potential red flags that could specify the client is not fairly ready to work with you yet.
Examples of helpful topics to ask about include service whether they have purchased a home before, and how soon they are looking to move.
The best way to do this is by create a simple survey with a list of key questions that clients can fill out fast and easily. Preparing this list of question in advance saves you time and you can give out the same questionnaire to all of your clients via email or fax for maximum competence.
Use Score Approve
The ability to check a homebuyer's credit within few minutes, without doing any damage to their score.
Not like normal credit inquiries, ScoreApprove soft credit pull puts homebuyers at ease in knowing their credit will be secluded and it give agents the ability to get more by investing their time with qualified buyers.
As a bonus, ScoreApprove also offers more great features for real estate agents, including automatic marketing tools to raise leads, automatic posting of leads to the CRM of your choice, email alerts that allow you to follow up with buyers at just the right time, and more.