Buying Real Estate in Tampa Bay?
Purchasing a property is most likely the biggest financial decision you will ever make. Whether this is your first purchase or you are an experienced buyer, this decision must be made with extreme care.
From New Tampa to Clearwater, Oldsmar to Riverview, we know Tampa Bay, and we will help you find your perfect home. Having a knowledgeable team working for you, guiding you through the many steps helps ensure you achieve your goals and dreams.
What sets us apart is that you will be working with a true expert and professional, not a salesman. Our agents have a passion for real estate. This is why the overwhelming majority of our business are repeat clients and referrals.
The short guide below will walk you through the steps involved in buying a home.
Experience can be crucial during times of market instability. A knowledgeable and experienced real estate agent can help you navigate a rapidly changing market and make informed decisions that align with your long-term goals. An agent who has a deep understanding of market trends, as well as the ability to analyze and interpret data, can help you stay ahead of the curve and make smart investments. It’s important to work with an agent who can help you devise a strategy that fits your unique needs and sets you up for future success, whether that’s finding a home to live in, or making investments in rental properties.
The Game Plan
Initial meeting with client
Determine Buyer’s desires (needs/wants in a new home)
Ensure Buyer is pre-approved with a quality lender
Discuss how to navigate the current market to ensure success
Plan your budget (Mortgage Calculator)
Advanced Property Search
We will set you up on our Multiple Listings Service Alerts
We will scrub properties before sending them to you so that you are not inundated with homes that fall outside your criteria
You can download our MLS App and search yourself (click on the phones to download)
New Home Construction? We have you covered with special builder software to showcase exactly what you are looking for.
Show properties to Buyer
Conduct a pre-home inspection by our agent
Help Buyer select the ideal property
Off Market Listings. Looking for that hidden gem we have a host of off market resources to find just what you are looking for
RESEARCH PROPERTIES
DIRECTLY ON THE MLS
Be the FIRST to find that new listing
Click the phones to download our MLS app.
Compatible with both Android and Apple.
The Perfect Offer
- Validate what is included in sale via MLS details
- Obtain copy of Title information to identify property owner(s)
- Contact Listing Agent to validate property is still available; confirm any special terms for offer
- Prepare a Market Analysis in the area to determine offer price
- Obtain and review available disclosures with Buyer
- Prepare Purchase Agreement (aka Purchase Contract) on behalf of Buyer
- Establish the Earnest Deposit for purchase of the home and proof of down payment, to be submitted with offer
- Prepare package for Listing Agent, including cover letter
Strategic Negotiations
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Create a negotiation plan based on Buyer needs and market conditions
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Present Buyer’s offer to the Listing Agent
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Ensure the Buyer’s Lender is available by phone in case finance questions are being asked by the Listing Agent
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Overcome any objections to the offer presented
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Respond/negotiate counter-offers and contract conditions
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Prepare reviewed offer and addendums on behalf of the Buyer
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Acknowledge ratified contract on behalf of the buyer
Under Contract
- Send copy of ratified Purchase Agreement and Property Profile to Buyer’s Lender to start lender underwriting
- Open Escrow with local Title Company if not done by Listing Agent
- Send copy of ratified Purchase Agreement to Escrow Officer for closing instructions
- Order any secondary inspections requested by Buyer or Lender
- Be onsite for property inspections
- Be onsite to meet appraiser with copies of current comps to assure maximum value is received by Buyer
- Review new disclosures and inspections with Buyer
- Negotiate contract adjustments and credits if new defects are found as part of property inspections
- Assure loan underwriting moves forward on schedule
The Closing
Manage the timely release of contingencies on behalf of the Buyer
Ensure Buyer has Certified Funds for the amount due at closing
Ensure Lender funds are received by the Title company in time for closing
Arrange and attend Buyer final Walk-Through prior to closing
Review Closing Disclosure and Estimate Worksheets for accuracy
Monitor closing so transfer of property occurs as planned
Once property recording is complete, deliver the keys
Mortgage Calculator
Use this calculator to estimate your monthly mortgage Principle and Interest payment and see the amortization schedule for the life of the loan.
Phone: (813) 336 – 1581
Email: hello@prestigetampabay.com
Operating Hours:
Monday – Saturday 8am – 6pm Sunday 1Pm – 6pm