6. About Redfin
A better way to buy & sell
On Your Side
Redfin Agents are paid based on your
satisfaction, not commission, so your
interests always come first.
Smarter & Faster
Move quickly and confidently with our
easy online tools and the most
complete and accurate home sales
data available.
You Get More
Get full service and better results
while saving thousands in fees.
100% Team Support
You’ll work with a team of real estate
pros, so there’s always someone ready
to help.
7. Agenda
● Understanding the Buying Process
● Are you ready to buy?
● Understanding the market
● Never miss a home
● Choosing an agent
● Break!
● Touring
● Making an offer
● Home Inspections
● Mortgages
● closing
8. Are You Ready to Buy?
● Do you have a family and need room to grow?
● What is your time frame?
● Have you saved up a down payment?
● Are you tired of renting?
15. Never Miss a Home Again
Direct MLS feeds every 15 minutes & schedule tours directly on
Redfin.com
Direct
updates
and feeds
every 15
minutes
from MLS
18. What to Ask Any Agent
● Is this your full-time job?
● How well do you know the inventory?
● How long have you been in Real Estate?
● Are you a good negotiator?
● How are you paid?
19. Can I Trust You?
Are you an expert?
How do you rate?
21. Redfin success Story…..
We met almost two years ago when their best friends were buying a home…
Meet Andrew and Nicole
22. Even before they started to tour homes with me they were already going to
open houses and giving my name as their agent….. So, I have been their
agent even before I knew it!
So we began to
tour….. and we
toured some
more…until one
day!
But wait,
there is
more!
27. Slide 27 of 55
How Touring with Redfin Works
● Schedule your tour
● Led by agent or associate
agent
● Up to six homes per tour in
two hour blocks
● Go on as many tours
as you need
● No obligation, no
pressure
Jessica Issac Carrie
28. Making the Most of Your Tour
1. Bring a camera, notebook & tape measure
2. See how much sunlight the place gets
3. Check the bathrooms for rot & mold
4. Look for wavy or discolored wood siding
5. Make sure water spouts drain away from
house
6. Take stock of storage space
7. Turn off any music playing in house
8. Check for hardwood floors
9. Peek into the attic
10. Check the closets
30. Crafting Your Offer
● Evaluate – your agent will provide you with information
about market conditions and recent sales in the area
● Consider the situation – the seller’s preferences, days on
the market, and other interest will influence the process.
● Decide on price & strategy with your agent
● Common contingencies & terms:
►Earnest Money
►Inspection
►Financing
►Appraisal
►Title Review
31. What are Contingencies?
This means the seller has accepted an offer on the property,
but success may still depend on passing a home inspection or
getting financing.
Other types:
● Appraisal – Performed in conjunction with financing
● Financing
● Home Sale
● Other
32. Home Inspection
We recommend that you have a home inspection
● Your agent will accompany you
● Your time to evaluate the property
Blaise Ingrisano
A-Pro Home Inspections
631-3662776
aprohomeinspection@gmail.com
33. Lets talk about Home inspections
● What is the purpose of a home inspection?
● Our 500 point comprehensive home inspection
● What is the average time that it takes?
● What is the cost of a home Inspection?
A-Pro’s additional services:
● Free Termite Inspections
● 90 Day Warranty
● Appliances Safety Recall
● Pool Inspections
● Sprinkler Inspections
PEACE OF MIND
BACKED BY OUR 90
DAY WARRANTY AND
200% SATISFACTION
GUARANTEE
35. Attorney’s role
● Attorney’s general role in the transaction
● Certificates of Occupancy
● Surveys
● Contingencies and provisions
● The closing process
37. Local Recommended Lenders
In no way does
Redfin benefit
financially from
recommending
lenders – we just
think they’re great
lenders!
38. Review Your Financial Situation
● Pull credit report, look for errors
● Establish comfort level for monthly payment
● Figure out how much monthly income goes towards debt:
28 – 33% healthy
● Pay down credit balances to 1/3rd
● Don’t open any new lines of credit
● Don’t buy any big ticket items
● Source of money
● Current employment status
39. Get Pre-Approved Early
A pre-approval letter is a letter from a bank or a lender estimating
how much they'll lend you
● Establishes what you can afford & makes offer process go faster
● Redfin asks that you get pre-approved before your third tour
● Good for 90 days, depending on lender
Info needed:
● W-2, two pay-stubs, tax returns, bank statements
40. Pulling Credit: Is It Harmful?
● Your credit report must be reviewed by a lender before you
can obtain a pre-approval
● If you know your score, a lender should be able to give you
ballpark pricing for their loan products
● Better to know sooner rather than later about credit
problems
● Maintaining a pre-approval
has a negligible impact on
your credit score
42. Walkthrough & Closing
Prior to closing you will do a walkthrough to make sure the
property is in the agreed upon condition
At closing you will sign all necessary mortgage and closing
documents and get your keys!
43. Summary of the Process
1. Success! The
seller has agreed
with your price
and terms.
You’ve achieved
mutual
acceptance.
3. Deposit your
earnest and sign
contracts as soon as
possible
6. Bank issues a
commitment for
financing the
purchase.
5. Attorney
reviews
documents for
signature and
order a title
search
2. Schedule a
professional home
inspection. Your agent
will have
recommendations.
4. Select your
lender and
submit your loan
within three days
of mutual
acceptance.
7. Take your final
walkthrough to
look for any
issues since the
inspection.
8. Sign all of the
paperwork at
your closing
9Get your keys,
take possession,
and start moving!
10. Receive your
Redfin
commission
refund.
11. Complete
the Redfin
survey for your
agent.
46. ● We’re on your side
►Agents paid on your satisfaction
● Double your exposure
►Premium placement on Redfin
►Zillow, Trulia, Craigslist and Realtor
● 3.5% listing fee
►Professional photos
►Beautiful flyers
►3D Tours
Better Service, Lower Fees
47.
48. So, What Now?
Make sure it’s the right time to buy for you.
Find an agent & get pre-approved for a loan.
Search for homes on Redfin.com & mobile app.
See homes in person & make an offer.
Buy or sell your home!
