11 Steps to Buying a Phoenix Home Series-Selecting a Realtor

Selecting a Phoenix Realtor is the first step of the home search process

Phoenix RealtorIf you are not already working with a Realtor while you are getting pre-qualified for your home loan than it will be the next step in your Phoenix home search once you have completed, or better yet while you are completing the home loan application process. The Loan Status Report (LSR) as mentioned in our previous post in this 11 Steps to Buying a Phoenix Home Series–Financing, is the Arizona letter that will be required to accompany any offer you write on a property requiring financing.  It is also one of the requirements most Realtors like to see prior to scheduling private showings at any Phoenix-area homes that are for sale.

Neighborhood knowledge is an important consideration when selecting a Phoenix Realtor

It is important that you select a Phoenix Realtor that is familiar with the specific neighborhoods you are interested in and is knowledgeable of the current market trends within that community, neighboring communities, and the Phoenix-Metro real estate housing market overall.  In today’s Phoenix real estate market, it is more important now than ever to have a Phoenix Realtor with their finger on the pulse of the housing market, distressed sales within a given city, community or neighborhood and that can provide the most recent sales trends with their advanced technology capabilities. For example, the Multiple Listing Service, Cromford Reports and various other advanced real estate technologies are not available to every real estate agent and are great resources to aide in your home search.

Employ a Phoenix Realtor with strong negotiating skills and foreclosure experience

In this market, everyone is looking for a deal and understandably so. In today’s Phoenix housing market, 9 out of 10 times the best value in any given neighborhood is likely to be a Phoenix foreclosure home for sale. Our last series, Phoenix Bank Owned Foreclosure Process Explained goes into detail about the process of buying a Phoenix foreclosure home and similarly for this series it is important to note that employing a Phoenix Realtor that has knowledge in foreclosures will benefit you greatly.  In addition to foreclosure experience, effective negotiating should be a skill that your Phoenix Realtor possesses. Making sure you have an experienced Phoenix Realtor that is looking out for your best interest and know how to negotiate effectively can be the difference between a successful closing and a cancellation or fallout.

Overall you want to make sure your Phoenix Realtor is accountable

Timely responses, professional demeanor, attention to detail and a high level of accuracy are all great signs that your Phoenix Realtor is accountable and highly capable to handle your home search and transaction with attentiveness and accuracy in respect to your best interests.

To recap you want to make sure you employ a Phoenix Realtor that;

  • possess in-depth knowledge of the neighborhoods of interest to you
  • is familiar with current Phoenix real estate market trends
  • has access to cutting edge real estate technologies
  • has extensive foreclosure (bank owned) experience
  • implements sharp and skillful negotiation tactics
  • is accountable

I’m not trying to toot my own horn but this is my blog ;) …so I’m going to do a quick plug for our World ranked RE/MAX foreclosure team, The HomeStyle Team. We currently have several real estate agents with extensive experience in negotiating foreclosures that are ready to assist buyers and investors alike in all Valley   Cities within the Phoenix-Metro area, Maricopa County, Pinal County, Anthem as well as Flagstaff . Our buyers agents are savvy and knowledgeable. We hope you consider us when looking for a Phoenix Realtor to represent you on your next home purchase!