Buying a Home in Omaha, Lincoln or Anywhere in Between
Finding and purchasing a home that will meet your needs is a significant and often stressful time. Our goal is to make this transition as smooth as possible. We are experts in the area, and once we learn what it is that you’re looking for, finding your dream home is simple.
Before you start looking for a home you should ask yourself a few questions:
- Where do you want to live? Are there particular neighborhoods or communities that you like?
- What kind of house would you like (need)? Are you looking for a particular style? How many bedrooms and bathrooms do you want?
- Is a home office a necessity? Do you need a bonus room or flex-room?
- Do you entertain often? Is a home suitable for entertaining something you’re looking for?
- Do you want a yard, pool, gated or guard gated community?
- Have you determined your price range or consulted a lender to determine the best price range?
Searching for your dream home can be a time-consuming experience. Working with our professional team will make the process much more efficient.
Choosing the right agent
We encourage all buyers to interview agents just like a seller would to list their home. You are going to be working with this person on one of the biggest purchases of your life - make sure they know what they are doing. Once you pick an agent stick with them. Having a professional who is commited and on your side will help to make the process a success.
When we have a solid relationship with our buyers we can truly offer the best, most personalized service. We can provide accurate and honest home valuations so you know where you stand financially before putting your current home on the market, we can set up detailed searches for you online so you dont miss out on any homes, and we can also help explain the whole process to you so you know what to expect.
Another thing that we can offer is early access to properties. Often times we know about properties before they even come on the market. If we know what you are look for, we can sometimes get you into houses early so you have the best chance of securing the home of your dreams.
More Importantly though, when you do find your dream home, you will know that we are on your side and want to make sure that your best interests are represented. Rather than doing business with a stranger, you will have an ally on your side to help you walk through the process.
Consequences of choosing the wrong agent
Overpaying: Asking for closing costs is pretty standard in the Omaha market, but don't be fooled into thinking that you are not paying those closing costs. Ultimately, most sellers look at the number they are netting and have a bottom dollar that they need/want to walk away with. If you are asking for closing costs that number is factored against their bottom dollar. So, it is extremely important that your closing costs be as accurate as possible when you make an offer on a home so you can get the best bottom dollar possible.
All too often we see agents who advise their clients to over-ask for closings costs when they make an offer to ensure that all their fees are covered. What happens when you don't use all the money? You lose it! Just recently we did a transaction with an agent who had their buyers request 9K in closing costs. They only ended up needing about 7K and so the buyer essentially overpaid by 2K becuse the seller would have likely accepted a lower price if the closing costs had been acurate.
You May Pay More For Home Inspections, Title Insurance, Mortgages and Closing Fees: Affiliated business agreements dont sound like a bad thing off-hand. In fact, it seems as innocent as a recommendation by your trusted agent, right?! Unfourtunately not, when you hear the word affiliated business you should think that you are likely paying more then market value for a service.
With many of the large franchises in town, they have mortgage companies, home inspectors, home warranty and title companies (just to name a few) that will give these franchises a kickback to refer them business.
Most of these affiliates pass the cost of the kickback onto the buyer and as you can imagine, these large franchises are mum about the fact that the costs of service are inflated. We think this is wrong and as a result we don't have any affiliated businesses. If you ask us for a recommendation you can be confident that we are giving you the name of someone we truly believe is one of the best in the business. Not only that, but we regularly shop rates to make sure that our service providers are in line or better than industry standards.
Understanding Buyers Agency
In most real estate transactions there are two real estate agents involved - the Listing Agent who represents the seller and the Buyers Agent who represents the buyer by showing them homes and helping them to execute a contract.
This can change in two scenarios. One if a buyer does not have any representation or two when the listing agent represents both the seller and the buyer. For example, if you were to call a listing agent directly to show you a property and decided to write an offer, one of two things could happen. You could be an unrepresented party, which means that you would navigate the contract on your own and any advice received would be from the listing agent who is working in their sellers’ best interest. Or the Agent could be a dual agent, which means that they are supposed to work in both your best interest and the sellers.
Dual agency can be tricky. Most agents love dual agency because it means more money for them with only a little more work. That being said, it is ex-tremely difficult to work in two parties best interest without there being a conflict and one person getting the rawer end. Think about it, the seller wants to get the most money for their home and a buyer wants to get the best possible deal. How can one agent work to achieve both of these things?
They can't and for the exact reason we do not even allow Dual Agency at our brokerage. We truly believe that it is not in either the buyer or sellers best interest and therefore as a best practice we do not participate in it. Whether you choose to use us or not, we encourage you to make sure that you either represent your own interests or have someone to help represent you and ONLY you when you are making the biggest purchase of your life.
How Much Does Using Heyen Real Estate As A Buyers' Broker Cost Me?
We are generally paid the majority of our compensation by the seller. We do charge a $210 Broker Flat Fee on all buyer transactions but we waive that if you agree to work exclusively with us upon our initial meeting.