Index Investing News
Friday, May 30, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

5 Ways To Bring The Wow With Your First-Time Homebuyers

by Index Investing News
July 5, 2023
in Property
Reading Time: 4 mins read
A A
0
Home Property
Share on FacebookShare on Twitter

Every client presents an opportunity for repeat business and referrals, writes Jonathan Pressman. How can you ensure you impress them and stand out from the crowd?

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price.

As an agent, distinguishing yourself from the competition can be a challenge. Every client presents an opportunity for repeat business and referrals, so how can you ensure you impress them and stand out from the crowd?

Here are five ways to wow your first-time buyer clients:

Talk to them about homeowners insurance

For first-time buyers, purchasing a home can be overwhelming. Most buyers focus on the home and the costs, neglecting to consider how they’ll protect themselves and their investment in the event of the unexpected.

If your client is taking out a mortgage, homeowners insurance is a requirement. Regardless of whether your client is financing their purchase or paying cash, make sure they have a policy that goes into effect at 12:01 a.m. the same day they close on the house.

The property becomes your client’s responsibility as soon as the deal closes, meaning they’ll need adequate protection against potential losses. Don’t let them wait until after closing to purchase insurance. Send them a few names of local insurance agents a week or two in advance and check in to make sure they’re covered before they sign the closing documents.

Explain savings opportunities with the homestead exemption 

The homestead exemption can save your clients thousands of dollars each year on their property taxes. By helping your clients save money after you’ve earned your commission, they’ll know you have their best interests in mind and will almost certainly remember that when they’re ready for their next transaction.

The homestead exemption is only available for those who own their primary residence, and the deduction amount can vary by location.

Share a list of reliable local handymen and contractors

Many homeowners dread having to deal with contractors. Proactively providing a list of reliable handymen and contractors in the area shows you’re thinking about your client’s needs beyond buying and selling.

It also gives you another opportunity to go above and beyond the usual call of duty and can help you build relationships with contractors who might provide you with referrals in the future.

Remind them to speak with their accountant about tax write-offs

Nowadays, there aren’t many tax write-offs left for those who aren’t business owners or self-employed. Fortunately, being a homeowner still comes with a few tax benefits.

Reminding your clients of potential tax write-offs for mortgage interest and points, property taxes and closing costs highlights your value and industry expertise. In doing so, they’ll also see you’re committed to helping them save money.

Encourage them to set up (or update) their will

Discussions about mortality are difficult, but for first-time buyers, some basic estate planning is a must. Explain to your client that buying a home is the perfect time to set up (or update) their will, and encourage them to consider formalizing a plan so they won’t have to worry about it later.

Unless you’re also an estate planning attorney, you won’t have to go into any more detail than that. 

Continue following up after closing

After the transaction is complete, follow up consistently with your clients to see how they’re doing. You might be their real estate agent, but you’re also a friend who is personally invested in their happiness and long-term success.

Checking in with your clients periodically shows you care and positions you to win repeat and referral business by staying top of mind.

Jonathan Pressman is a Realtor who writes on a wide range of financial topics. Connect with him on LinkedIn and Instagram.





Source link

Tags: BringFirstTimehomebuyersWaysWOW
ShareTweetShareShare
Previous Post

Ukraine’s counteroffensive struggles against Russian fortifications, airpower

Next Post

Deceitful fraud will have to defend her lies in court

Related Posts

Simply Listed | 206 SE Wentworth Drive

Simply Listed | 206 SE Wentworth Drive

by Index Investing News
May 30, 2025
0

STUNNING ST. LUCIE PARK3 Beds | 2 Baths Expertise the perfect mixture of character and comfort on this fantastically renovated...

High 5 Workplace Tasks Underneath Building in Manhattan

High 5 Workplace Tasks Underneath Building in Manhattan

by Index Investing News
May 30, 2025
0

Manhattan’s under-construction workplace pipeline consisted of 4.6 million sq. ft of aggressive area throughout 12 properties on the finish of...

Simply Listed | 12829 Briarlake Drive #204

Simply Listed | 12829 Briarlake Drive #204

by Index Investing News
May 30, 2025
0

BEAUTIFUL IN BRIARWOOD2 Beds | 2 Baths Alternative awaits to complete making this dwelling yours. Impartial tiles flooring, A spacious...

GBI Particular Report: Sustainable Vitality for Knowledge Facilities, Communities

GBI Particular Report: Sustainable Vitality for Knowledge Facilities, Communities

by Index Investing News
May 29, 2025
0

In keeping with the Electrical Energy Analysis Institute, knowledge facilities might devour as a lot as 9 p.c of the...

NAR appoints new SVP, VP of communications division

NAR appoints new SVP, VP of communications division

by Index Investing News
May 30, 2025
0

Practically six months after its earlier communications vice chairman resigned, the Nationwide Affiliation of Realtors has added two new communications...

Next Post
Deceitful fraud will have to defend her lies in court

Deceitful fraud will have to defend her lies in court

.5 Million Homes in Colorado, Washington and Maine

$2.5 Million Homes in Colorado, Washington and Maine

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

10 Sunday Reads – The Huge Image

10 Sunday Reads – The Huge Image

August 14, 2022
25-06 vs 30-06:Is the 30-06 Overrated?

25-06 vs 30-06:Is the 30-06 Overrated?

November 28, 2022
SEC says most meme cash usually are not securities

SEC says most meme cash usually are not securities

February 28, 2025
What a Harris presidency may imply for her LIFT Act proposal

What a Harris presidency may imply for her LIFT Act proposal

July 26, 2024
Frida Kahlo art finds permanent home in the metaverse

Frida Kahlo art finds permanent home in the metaverse

August 30, 2022
China’s Xi Jinping meets with U.S. nationwide safety advisor Jake Sullivan

China’s Xi Jinping meets with U.S. nationwide safety advisor Jake Sullivan

August 31, 2024
Wealthy international locations failed to fulfill their local weather funding objective

Wealthy international locations failed to fulfill their local weather funding objective

July 29, 2022
In L.A., a Younger Household Needed a Home to Develop Into. Would 0,000 Be Sufficient?

In L.A., a Younger Household Needed a Home to Develop Into. Would $800,000 Be Sufficient?

April 24, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In