BANYAN NAPLES BUYER SERVICES
Finding your next home in the Naples Florida area and going through the property buying process can be very time consuming and complex. Having the best available tools, understanding the home buying process, and working with a Banyan Naples Realtor can make all the difference. We strive to provide you with the best tools, prepare you for what to expect, assist you through the any difficulties as they may arise, and free up your time and energy to make the experience more rewarding.
Our buyer services are typically 100% free as a sales commission in Florida is traditionally paid for by the seller. We build successful relationships with our client by putting your goals first. In the real estate industry, we understand that relationships are much more valuable than a single sale. Repeat business and referrals are very important to us and this mean that we go the extra mile to insure that your home buying process is smooth and successful.
When it comes to buying real estate in the Southwest Florida region, whether it is a permanent home, vacation residence or an investment property; let Banyan Naples Real Estate Company be your trusted partner.
As our client, we will provide you with the following:
- Property Identification
- Property Tours
- Market Value Estimates
- Sale Contracts
- Price Negotiation
- Arranging Property Inspections
- Negotiating Repairs
- Managing Title and Escrow
- Coordinating Financing
- Facilitating Appraisal
- Relocation Services
- Bank Owned Properties
- Short Sales
The internet has changed everything. Websites now enable you to search the entire Multiple Listing Service (MLS). This means that by the time you contact an agent you may already have a list of Naples area homes that you are interested in. However, as real estate professionals in our market, we will also help you find properties that you may have missed. Off market listings, bank owned properties, contingent sales, pocket listings and other sources of information will be utilized to ensure that you don’t miss the perfect home. Simply, tell us your specification and preferences such as general price range, location, size, number of bedrooms, baths, etc. and we will be happy to send you a complete list of homes that match your specified criteria.
Some buyers only want to see a few properties before choosing a home. Other buyers want to view every option before making a decision. Whether you want to see 5 homes or 25 homes; we are here to help. There is no hurry and no pressure; when you find the right home you will know it. Until then, we are on a mission together. With Banyan Naples as your Buyer Representative, finding the right property can be both a fun and exciting experience. Let us know what days and hours you want to view properties and we will reserve the time on our calendar to provide you with undivided attention.
Market Value Estimates
Once you have found the perfect home it is important to assess the property’s value before writing your offer. Many buyers mistakenly use the difference between the asking price and the purchase price to evaluate the success of their negotiations. In reality it is the difference between the home’s actual market value and the purchase price that matters. Once we have prepared our Broker Price Opinion (BPO) which gives a market value estimate, you will be better positioned to determine an offer price that compliments your equity goals.
A home purchase is a large dollar transaction. Substantial risk is created if contracts are not properly completed and process in a timely manner. One omission or misplaced word can mean the difference between actually closing the property or not. At Banyan Naples, we have received advanced sales contract training and are equipped to ensure that your best interests are protected and that your risks are minimized.
If you are looking for a great deal, then you should start with a great agent. We use time tested negotiating strategies and we will help you get the best deal possible. Whether you are dealing with a seller in a traditional transaction, a bank in an REO transaction or the seller’s lender in a short sale transaction our negotiating methods work time and time again. Comparable sales information, supply and demand data, advanced deal structuring, leveraging contract strengths and other negotiating methods will be brought to the negotiating table to help you get the best deal possible.
Arranging Property Inspections
Properties in the Naples real estate market and surrounding areas are generally built of good, solid construction. However, given the nature of real estate -- a home inspection is always strongly suggested. We can refer you to a professional inspector or you are welcome to choose an inspector of your own. We will coordinate the inspection time with the seller, the inspector and yourself should you choose to be on site for the inspection. We will meet the inspector at the home to provide them access to the property.
Once the inspection is complete, we will draft the repair requests per your instructions. An effective strategy is to limit your repair requests to substantial items. If you make repair requests that include both substantial and smaller items, sellers will often agree to “compromise” by agreeing to repair the smaller items while rejecting the more substantial concerns. By requesting only the substantial items, this limits the seller’s ability to negotiate. In some instances, sellers may prefer a purchase price adjustment in lieu of the actual repair(s). This is a good way to get sellers to cover the cost of repairs while enabling you to get the repairs done under your control and to your satisfaction.
Managing Title and Escrow
The title and escrow process in Florida is typically handled by the same firm. As your Buyer Representative we will open an escrow account at a local title company as soon as your sales contract has been accepted by the seller. Once the escrow account is opened, the title search will begin and the escrow officer will begin coordinating with your lender. As your agent, we will carefully track the progress of title and escrow and will verify that the appropriate deadlines are met to ensure an on time closing.
With Banyan Naples as your Buyer’s Representative, we will maintain close contact with your lender throughout the escrow process. A typical lender will have several responsible parties that are involved in generating your loan. The main contacts consist of the loan originator, the processor and the underwriter. We will respectfully ensure that each of these parties is doing their job and that your loan is being efficiently processed. As the closing date approaches, we will coordinate the delivery of the loan documents from the lender to the title and escrow company. You are welcomed to use the lender of your choosing or we can refer you to a proven lender in the local area.
The appraisal is a critical part of the home buying process. Without an adequate appraisal or loan to value ratios, the lender will not loan against the property. In a typical real estate transaction, your lender will order the appraisal. Our role in the process is to ensure that the appraisal is ordered in a timely fashion and, if necessary, provide the appraiser with comparable sales data. We will oversee the appraisal process to ensure that the appraisal is completed in a timely fashion.
If you are relocating to the Naples, Florida area we will help make your move much easier. The logistics of relocating to another area are often much more complicated than a simple move across town. We will help you coordinate your relocation and ensure that the entire process runs smoothly. Our relocation services include:
- Aligning move-out and move-in dates with the date of the closing
- Coordinating with movers and providing them with access to the property
- Assistance in arranging utility turn-ons
- Gathering school information
- Securing temporary housing
- Providing storage solutions
- Obtaining and sending local information to your location and other concierge level activities
Bank Owned Property
When shopping for a home most buyers have two goals: find the perfect home and get a great deal. Sometimes bank owned properties can be a great way to accomplish both of these goals. Bank Owned Properties (also known as REO, Real Estate Owned or post-foreclosure property) are commonly thought to be in various stages of disrepair. However, in the Collier County area market, many REO properties are in quite fair condition. If you are interested in looking at Bank Owned Properties in the area, please contact our office today to request a current property list.
Our approach to managing the home buyer process is system driven. No detail will be overlooked. However, it is not only our attention to detail that sets us apart. It is our personal service. We are not a national, nor a franchised brokerage; we are locally owned and operated. Call our office today to arrange a consultation and have a professional representing your needs throughout the transaction and beyond.
Your interest is our number one priority.
If you are interested in buying Naples or Southwest Florida real estate please contact Banyan Naples today for your initital consulation.