Mark McKean
Broker Associate
North Group Real Estate
678-525-3520
Mark@CallOnMark.com
3355 Lenox Road
Atlanta, GA 30326
404-383-6616
A Promise with a Process for Home Buyers
My clients will tell you that my area knowledge (30-year resident), combined with my experience in real estate, home construction, contract negotiation, and zoning made a difference for them in their dream home search. It will make a difference for you as well!
I have also received The Accredited Buyer’s Representative (ABR®) designation from the National Association of Realtors, that is the benchmark of excellence in Home Buyer representation. It is awarded to Real Estate practitioners who meet the specified educational and practical experience criteria.
Buying a home is one of the most significant investments that you'll ever make. As your Buyer Agent, I will represent your best interests, not the Sellers. The methodology we'll utilize together is detailed below.
Assess Buyer Needs
-
Interview with Buyer to determine goals and objectives for the home purchase.
-
Discuss Buyer’s timeframe.
-
Discuss loan approval and obtain per-qualification letter.
-
Present an overview of the current market conditions.
-
Present and discuss the “Promise with a Process” activities.
-
Review Agency Relationships.
-
Review Buyer’s Representation Agreement.
-
Provide an overview of Solid Source Realty.
-
Outline and agree upon approach and criteria to be utilized to search for homes.
Property Search
-
Enter Buyer search criteria into the FMLS System to create personal search portal.
-
Configure system to send search updates based on Buyer requirements.
-
Determine properties to visit and schedule appointments.
-
Review results of showings and evaluate if an offer should be made.
-
Select property and begin research to support offer.
Offers and Contract Negotiation
-
Research home the offer is being made on.
-
Research all active and sold comparable properties that have closed in the past 3 to 6 months.
-
Research the “price-per-square-foot” comparable properties.
-
Research “days-on-market” for comparable properties.
-
Research and review the property tax of comparable properties.
-
Prepare Price Analysis Grid to assist development of an offer price.
-
Review all Disclosure Statement with Buyers.
-
Submit offer to Seller’s Agent utilizing GAR contract documentation.
-
Negotiate all offers on Buyer’s behalf, setting time limit for inspections, loan approval, closing attorney and closing date.
-
Prepare and convey any counteroffers, acceptance or amendments to Seller’s Agent.
-
When Purchase and Sale is accepted and signed by all parties, deliver copies to Seller’s Agent, Closing Attorney and Lender.
Contract Signing through Due Diligence
-
Ensure that Buyer’s Earnest Money is deposited per the terms of the agreement.
-
Review property’s ownership and deed type.
-
Obtain copy of the property survey, or order survey performed.
-
Obtain copy of subdivision plat layout, if applicable.
-
If required, research zoning of properties adjacent to property.
-
Assist with resolution of any title or land issues that arise.
-
Walk property and note any visible encroachments to discuss with Seller’s Agent.
-
Review current or past appraisals, if available.
-
Confirm elementary, middle and high school assignments.
-
Identify Home Owner Association manager, if applicable.
-
Verify Home Owner Association fees and if special assessments are anticipated, if applicable.
-
Order copy of Home Owner Association Bylaws and Use Restrictions, if applicable.
-
Verify city sewer/septic tank system.
-
Determine is the security system is owned or leased, if applicable.
-
Verify type of termite bond and if it is transferable, it applicable.
-
Verify “Inclusions & Conveyances with Sale” for the property.
-
Ensure all contract documents are signed properly by all parties.
-
Contact lender to assist with loan processing.
-
Coordinate Home inspection.
-
Coordinate Radon inspection.
-
Coordinate Radon inspection, if required.
-
Coordinate Mold inspection, if required.
-
Coordinate Stucco inspection, if required.
-
Coordinate Septic inspection, if required.
-
Review results of inspections reports upon completion.
-
Make recommendations by Buyer’s on how to respond to requests for repair, if required.
-
Monitor completion of all required repairs to ensure contract compliance, if required.
-
Coordinate closing process with Seller’s Agent and Lender.
-
Update closing forms and files.
-
Ensure all parties have all contract documents needed to close the sale.
-
Confirm closing date and time and notify all parties.
Pending Sale through Closing
-
Assemble list of utilities with contact information.
-
Continue to track status of repairs negotiated in the contract, if required.
-
Address any conflicts or issues that may arise during this period.
-
Follow loan processing through to the underwriting.
-
Respond to any follow-up calls and provide any additional information required from office files.
-
Verify all tax, HOA, utility and other applicable proration’s are applied to Buyer’s at closing.
-
Request final closing figures from closing attorney.
-
Review closing statement figures for accuracy.
-
Ensure earnest money is applied to Buyer closing documents.
-
Forward verified closing figures to Buyer.
-
Scheduling and conducting Buyer’s final walkthrough prior to closing.
-
Attend Closing with Buyer.