Jim Barker - Arizona Wholesale Mortgage Inc. - Nmls: 242000

09/06/2024

The conversation isn’t about rate.
According to CoreLogic data, the average American homeowner has seen a 9.6% increase in home equity over the past year! Along with the average homeowner gaining around $28,000 in equity during that time period.🏡

09/06/2024

Perhaps we should talk! Do you have a mortgage above 6%?

08/02/2024

Big mortgage rate drop. Let me know if you want to take advantage of it.
Message me for a quick quote!
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06/16/2024

Happy Father’s Day to all the awesome Dads out there.

05/30/2024

😆

04/30/2024

🤝 The Family Assist Program helps family members purchase a home for a loved one who may not qualify for a mortgage on their own. This program addresses the challenges faced by families aiming to help their elderly or disabled family members find safe and convenient housing. Only 5% down payment is required in most cases.

Leave us a message for more information.

03/28/2024

https://www.azwmtg.com/understanding-mortgage-rates-predictions-and-trends-for-2024/

As we continue into 2024, prospective homebuyers and homeowners looking to purchase or refinance are keenly observing the mortgage rate trends. Understanding these rates is crucial as they directly impact your monthly payments and the overall cost of your mortgage. Let’s delve into the current lan...

03/22/2024

🏡Realtors
And so it begins... Friends, plz listen to me, this is a real time example of the media messing w/ people’s careers and YOUR money.

Yesterday I met a homebuyer that was referred to me to get pre-approved by a , they asked me if they needed to pay a real agent if the seller won’t… (they heard on the news they didn’t have to)

This was my response:

Yes. You do. Yes you want representation, the listing agent will not help you negotiate or do the following 91 tasks for you.

The conversation ended quickly and we moved on to pre-approval. (This is was I handed them… I think we got to #13 on the list and they saw 80 more tasks and realized they self-discovered they needed a buyer’s agent lol)

Why Buyer’s Agent Representation Is Important & What Great Real Estate Agents Do To Get You Into The Home You Love (90+ tasks)

1. Flexible To Schedule Meeting w/ Buyers
2. Prepare Buyers Guide & Presentation
3. Strategy Session w/ Buyers to Discuss Goals
4. Explain Buyer & Seller Agency Relationships
5. Discuss Different Types of Financing Options
6. Help Buyers Find a Local Mortgage Lender
7. Obtain Pre-Approval Letter from Their Lender
8. Explain What You Do For Buyers As A Realtor
9. Provide Overview of Current Market Conditions
10. Explain Your Value to Buyers
11. Discuss Earnest Money Deposits
12. Explain Home Inspection Process
13. Educate Buyers About Local Neighborhoods
14. Discuss Foreclosures & Short Sales
15. Gather Needs & Wants Of Their Next Home
16. Explain School Districts Effect on Home Values
17. Explain Recording Devices During Showings
18. Learn All Buyer Goals & Make A Plan+Pivot
19. Create Internal File for Buyers Records
20. Send Buyers Homes Within Their Criteria
21. Start Showing Buyers Home That They Request
22. Schedule & Organize All Showings
23. Gather Showing Instructions for Each Listing
24. Send Showing Schedule to Buyers
25. Show Up Early and Prep Showings
26. Look For Possible Repair Issues While Showing
27. Gather Buyer Feedback After Each Showing
28. Update Buyers When New Homes Hit the Market
29. Share Knowledge & Insight About Homes
30. Guide Buyers Through Their Emotional Journey
31. Listen & Learn From Buyers At Each Showing
32. Keep Records of All Showings
33. Update Listing Agents with Buyer’s Feedback
34. Discuss Home Owner’s Associations
35. Estimate Expected Utility Usage Costs
36. Confirm Water Source and Status
37. Discuss Transferable Warranties
38. Explain Property Appraisal Process
39. Discuss Multiple Offer Situations
40. Create Practice Offer To Help Buyers Prepare
41. Provide Updated Housing Market Data to Buyers
42. Inform Buyers of Their Showing Activity Weekly
43. Update Buyers On Any Price Drops
44. Discuss MLS Data With Buyers At Showings
45. Find the Right Home for Buyers
46. Determine Property Inclusions & Exclusions
47. Prepare Sales Contract When Buyers are Ready
48. Educate Buyer’s On Sales Contract Options
49. Determine Need for Lead-Based Paint Disclosure
50. Explain Home Warranty Options
51. Update Buyer’s Pre-Approval Letter
52. Discuss Loan Objection Deadlines
53. Choose a Closing Date
54. Verify Listing Data Is Correct
55. Review Comps With Buyers To Determine Value
56. Prepare & Submit Buyer’s Offer to Listing Agent
57. Negotiate Buyers Offer With Listing Agent
58. Execute A Sales Contract & Disclosures
59. Once Under Contract, Send to Title Company
60. Coordinate Earnest Money Drop Off
61. Deliver Copies to Mortgage Lender
62. Obtain Copy of Sellers Disclosure for Buyers
63. Deliver Copies of Contract/Addendum to Buyers
64. Obtain A Copy of HOA Bylaws
65. Keep Track of Copies for Office File
66. Coordinate Inspections with Buyers
67. Meet Inspector At The Property
68. Review Home Inspection with Buyers
69. Negotiate Inspection findings
70. Get All Agreed Upon Repair Items in Writing
71. Verify any Existing Lease Agreements
72. Check In With Lender To Verify Loan Status
73. Check on the Appraisal Date
74. Negotiate Any Unsatisfactory Appraisals
75. Coordinate Closing Times & Location
76. Make Sure All Documents Are Fully Signed
77. Verify Title Company Has Everything Needed
78. Remind Buyers to Schedule Utilities
79. Make Sure All Parties Are Notified of Closing Time
80. Solve Any Title Problems Before Closing
81. Receive and Review Closing Documents
82. Review Closing Figures With Buyers
83. Confirm Repairs Have Been Made By Sellers
84. Perform Final Walk-Through with Buyers
85. Resolve Any Last Minute Issues
86. Get CDA Signed By Brokerage
87. Attend Closing with Buyers
88. Provide Home Warranty Paperwork
89. Give Keys and Accessories to Buyers
90. Close Out Buyer’s File
91. On-going support (contractor, landscaper, painter, fence, appliance referrals…)
Thank you Dan Keller for sharing.