Buying a Home in Coeur d'Alene

Home Buying Strategy

Below you can read our strategy to finding you the best homes for sale on the market. If you are planning on buying a home in Coeur d'Alene or North Idaho, this is a great place to start. Below is a brief overview of our buyer services and how we find you the perfect home for the best price. Our strategy focuses on your needs and timeliness to make sure you never miss an opportunity. If you have any questions, please contact us.

1: Preparation & Education

Purchasing a home is likely one of the biggest investments you will make in your life. We want to make sure that you are prepared and well educated on the process. Going into a purchase contract fully prepared will help you ensure a smooth transaction and closing. Being well prepared and conducting a smooth transaction will greatly reduce surprise expenses for your home purchase. Being well educated can help reduce both short and long term costs, which reduces the overall cost of your home purchase.

2: Initial Consultation & Understanding Representation

During our initial consultation, we will discuss and determine your needs and wants for your new home. Determining your situation is essential to conducting an outstanding home buying experience for you. We want to make sure we understand everything you need for your new home and family. Most buyers don't understand Agency Representation. Agent representation is free to home buyers. The home seller pays the agent commission, not you. You will want to make sure you and your agent discuss your requirements, financing, availability, and communication channels.

3: How To Search For Your Perfect Home

Looking online for a home on big national sites like Zillow and Trulia, are fine for the average home browser. When you are serious about a home there are many other strategies to use to find the best homes on the market. The best homes sell fast in any market. Big national sites have, on average, a 4-6 day delay on uploading new homes. This can cause you to miss out on many potential deals and stunning homes. You want to make sure you are using a website that updates daily, like this one! Online is only one area to search though. For Sale By Owner (FSBO) homes are often not online. Our team ensures we keep a list of every FSBO home we see when driving around showing homes. We will also reach out to all other agents on your behalf to see if they have any upcoming listings that meet your needs. This will help you get the first view, and first chance to make an offer.

4: Research The Appreciation Potential & Resale Value

Now you have found your perfect new dream home, thanks to the help of our magnificent agents. Before making an offer you should conduct some extra research about the area. The home and price of the home are only one aspect of getting the best deal. To make sure that you get the best possible deal, you will want to look into the potential appreciation value and resale value of the home. In order for you to make the best investment possible, we will look at more factors to find out these value. We do this by looking at; the location, schools, home features, future community developments and many other external factors.

5: Making A Solid Offer, Negotiations & Inspections

Once you have decided to make an offer on a home, you want to make a smart offer. When we say smart offer we don't mean more than full price or way under asking price. We advise you make a solid offer that should result in a counter offer. If the initial offer is too low, the sellers won't respond and you could loose respect with them for wasting their time. On the contrary, an offer that is too good, might mean you missed out on possible savings. There are many aspects to an offer besides the price. Your Realtor should advise and help you with these decisions. We help with negotiations and use creative negotiation tactics to ensure the best deal. We will also be managing the inspections that follow an accepted offer.

6: How To Ensure A Successful Closing

After your offer has been accepted, our team will ensure that nothing is missed during your transaction. We constantly monitor your transaction and make sure you are always kept up to date. From the beginning to the end, we stay in constant communication with you to inform you of any activity or updates. Being proactive instead of reactive during the closing process will help reduce surprise costs and time delays. Being completely prepared for the closing is an easy way to stay ahead of the curve and on track.

7: Maximizing Value After Your Home Purchase

Once you have purchased a home you will want to do some things to increase your homes value as well as save money. The biggest way to save is to make sure you apply for a Home Owners Exemption to lower taxes. This alone can cut your tax bill up to half. After this, you will want to do some cheap cosmetic things that can greatly increase value, as well as find ways to cut costs. Things like paint, landscaping, and minor repairs will increase your resale value. Adding some energy efficient light fixtures will save you thousands in the long run. Our team will give you tips and insights on what you can do with your new home to save big.

8: Leveraging A Team Approach & Exclusivity

When working with us, you are hiring a team of extremely qualified people vs just one agent, for the same price. Our team is exclusive and only takes on a limited number of clients. This exclusivity means we have more time to focus on you and ensure you find your perfect home and don't miss any opportunities. Our systems are in place to ensure the many specialized tasks of buying a home are completed efficiently, effectively, and with no errors.