The Home Buying Process

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The Home Buying Process

• Everything You Need to Know From A to Z

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About You

• We want to help you the best way we can. Please
  tell us a little bit about you.

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Market

• The Market continues to be strong
• Rates continue to stay around 7
• Low rates have give many people the opportunity
  to own a home
• It is a Sellers market

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Market Condition

• Once you find a home you like, we can show you
  the market conditions for that community
• Average sale price
• Average days on the market
• What similar style homes have sold for

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Inventory

• They are called The Best Homes because they are
  the best homes!
• Homes can sell very quickly in this market
• Homes that have been on the market for a long
  time can receive multiple contracts at anytime

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Pre-Approval

• Know what price range you can buy.
• Receive Good Faith Estimate
• Shows the estimated cost you will need to close
• Increases your negotiating power when you find
  the home you want
• Especially in multiple offer situations

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How Will You Be Represented

• You have the right to have an agent working in
  your best interest
• If you are committed to us, we are committed to
  you
• Advise you throughout the transaction

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Multiple List Service

• Know about homes before they are available on
  line or in newspapers or homes magazines
• Instant Notification Program
• Our commitment it to ensure you know about the
  homes that match your wants and needs as soon as
  it is available

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For Sale By Owners

• Interview agent to determine price (which
  includes commission), then prices home with the
  commission included
• Many times they NEED more than the home is worth
• No one to ensure contract is completed properly
  and all proper forms are used

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New Construction

• Its fun to shop, but it may cost you your right
  to be represented
• Many subdivisions will have you log in
• On site agents work for the developer or
  buildernot you
• Use our name when you register
• Contact us to get you more information about the
  subdivision

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Looking for Your Next Home

• Dont be surprised if the first home you see is
  the right one
• Go with your gut feeling
• Dont be concerned about Buyers remorse

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The Contract

• If you find the right home today, are you ready
  to write a contract?
• Familiarize yourself with the contract
• Make you best offer first

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Earnest Money

• Make sure you always have your checkbook when you
  go look at homes
• Check will be cashed upon acceptance of offer
• The amount of the check shows how earnest you are

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Inspections

• We recommend you get an inspection
• Can renegotiate contract
• Remember this is only for major items
• You will have a honey do list
• You will pay at time of inspection

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The Appraisal

• Only required if you are getting a loan
• Uses similar information to market analysis
• If it doesnt appraise for contract price, you
  have 3 options

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Final Loan Approval

• During the process, DO NOT
• Purchase big items with loans
• Do anything that requires running your credit
  report
• An underwriter reviews your file and credit for
  changes a few days before closing

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The Closing

• Most title companies are open Monday-Friday 8-5pm
• You will need to plan about 1 or 2 hours for
  signing
• Bring your Drivers License
• Required funds for closing must be certified funds

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Reaching Your Goal

• We want you to be happy in your new home
• Love it or Leave it guarantee
• Dont keep us a secret, tell everyone you know
  how we did

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The Benefits of a Team

• Seven heads are better than one!
• Someone is available when you need us
• It doesnt cost you any more to have the best

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Referrals

• Our main goal in this relationship is to blow
  your socks offwe want you to tell others about
  The Korn Team!
• The majority of our business comes from
  referralsyour referrals are the life blood of
  our business
• Thank you in advance for everyone you refer to us

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Lifetime Member Club

• Use of our 14 Moving Truck
• For you or your favorite charity or church
• Free Faxing from our Office
• Free Notary
• Copies of Important
• Free Web Page of your new home

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Most Importantly

• HAVE
• FUN!

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About KELLER WILLIAMS Realty

• Founded in Austin, Texas, on October 18, 1983.
• KELLER WILLIAMS Realty laid the foundation for
  agents to become real estate business people.
• Mo Anderson owned the 3 franchise in the largest
  real estate company in the world.
• Gary Keller was chosen by Realtors across the
  U.S. as one of five of the Most Admired
  REALTORS in the nation.

• KELLER WILLIAMS FACTS
• Most Innovative Real Estate Company Inman
  News.
• 21,500 real estate consultants.
• 270 offices in the U.S. and Canada.
• 6th largest real estate company in North
  America.
• Excellence in real estate consultation training.

Gary Keller Chairman Of The Board
Mo AndersonCEO
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KELLER WILLIAMS Realty
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The KELLER WILLIAMS Culture
Win-Win or no deal Integrity do the right
thing Commitment in all things Communication
seek first to understand Creativity ideas
before results Customers always come
first Teamwork together everyone achieves
more Trust starts with honesty Success
results through people
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Our Office
Address 4201 Lakewood Way
Lees Summit MO 64064 Phone 816-224-KORN
(5676) Fax [phone] URL/Website
www.kornteam.com Year Opened Janurary 1,
2003 Support Team Sonya Korn, Lori Smith Other
Team Members Shea Painter, Jen Owens
Market Center Name
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Consultant Vs. Agent

• Fiduciary (Consultant)
• Advises and Consults
• Educates and Guides
• Involved in Decision Process
• Uses Judgment and Experience
• Irreplaceable
• Highly Compensated

• Functionary (Agent)
• Delivers Information
• Tells and Sells
• Stays out of Process
• Follows the Rules and Procedures
• Replaceable
• Minimally Paid

To Keller Williams Website
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My Biography
Insert Your Photo
Name Brad Korn The Korn Team Professional
Designations Internet Specialist
(ePRO) Accredited Buyer Representative
(ABR) Graduate Realtors Institute (GRI) Pretty
Nice Person (PNP) Education 12 Years
Experience, Marketing Business Management
Languages English Family Love to Spend as
Much Time as Possible with Wife, Sonya and my 4
daughters, Lindsay, Allison, Elizabeth
Savannah Hobbies Spending Time with Family
Surfing the Web
Your REALTOR Agent Name
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Home Warranty Plans
Home warranty plans go a long way to alleviate
some risks and concerns. For a modest price, the
seller can provide to the buyer a one year
warranty covering specified heating, plumbing,
electrical, water heater or appliance breakdowns.
Coverage under most plans commences at closing.
In all cases, there are important limitations and
exclusions (example appliances/systems must be
operative at commencement of coverage).
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Inspections
Inspections and potential repairs are the number
one reason sales dont close. Typically, buyers
have a certain number of days in which to inspect
the property and accept or reject the property
based upon these mechanical and structural
inspections.
SELLER SEES THEIR HOUSE
INSPECTOR SEES THE HOUSE
BUYER SEES YOUR HOUSE
Save Yourself Time, Money and Disappointment Do
Deferred Maintenance Now!
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Our Service Process