Real Estate for the Rest of Us. Goals of Workshop Participants will learn about the print resources that will educate them in the house buying and selling.

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Presentation transcript:

Real Estate for the Rest of Us

Goals of Workshop Participants will learn about the print resources that will educate them in the house buying and selling process Participants will become familiar with the electronic resources available to support them in buying and selling a house Participants will some of the important factors in the home buying process

Key to Mastering the Real Estate Market Do Your Homework! Get your Financial House in order!

Do Your Homework!! Read current literature Read local paper and Wall Street Journal Take a workshop at an adult ed center or local community center Do research on the real estate market in your target community.

Select a specific geographic area Length of commute/ Public transportation School systems Medical services Cultural events or venues Extended family Recreational facilities

Pre-qualify How much can I afford ? Get your free credit reports.

Figure out what you want versus what you need

Buying a House

Shop for a home Learn about home buying programs Find a good agent Look at properties Go to Open Houses

Pick the right home

Negotiate the best deal and make the offer Research recent real estate transactions in neighborhood

Arrange for an inspection

Get financing Open escrow

Close the deal

Selling Your Home

Preparing your home to sell Curb appeal Staging your home Check B&T for real estate transactions in your neighborhood.

Go to Internet!!!!