Team Up to Buy Your Dream Home at Lake of the Ozarks

Under any circumstance, buying a home or property raises emotion, evokes concerns and hopes, elevates stress, tests relationships, and causes people to learn about wants, desires and reality. Entering into the adventure of home-buying with others is doing all that through the faceted lens of a kaleidoscope, and sometimes without the beautiful results.  Simply put, buying a property with or for someone else can be a trying experience.

Somehow spouses manage to accomplish the task, but even then it can be a tricky transaction that sometimes leaves one party feeling steamrolled, or both parties feeling discontent.  When parents and children, or siblings, or even whole families come together to purchase a home or property, things can get tricky.   Work closely as part of a team, understanding all the aspects of the task at hand and you will leave every member of the buying group more satisfied and your home-buying experience will be a slam-dunk.

Rule 1:  Know the Game Being Played

Before you start looking with a Realtor, it is highly advised that the group develops a team of commonly-trusted professionals that will guide the team in its thinking and decision making process.  Each member of the buying team should understand who is working with them, and the function that they serve, to ensure that the goals of the purchase are being met.

Whether you are buying property with friends, family members, or investors, work to ensure that every person involved in the purchase has a clear understanding of the structure of ownership and tenancy, taxes, insurance, investment and estate issues, if they are relevant.  Before you can pick a property, all of this should be sorted out and clear.  This will enable the group to move more quickly should the need arise, and allow all the parties to work together in a united front as negotiations unfold in the purchase of the property, the final minutes of play.

Once everyone understands the mechanics of the purchase, it's time for the team to bring on another member.  That's right;  the right team member can be the key to a successful strategy in finding the right property for everyone involved.

Rule 2:  Bringing in a Top-Draft Player

Real estate agents can move around the court quickly and efficiently, helping to facilitate a purchase, and generally affect the flow of the game to keep all the players doing their job in an orderly and efficient fashion. They have played this game before, they know the rules, and they understand the psychology of the players. Often real estate agents have worked with agencies, lenders, inspectors and other service providers, so they can share their experiences and leverage that knowledge to your team's benefit.  It's rather like knowing the referee, and understanding how they might call a shot.

But your real estate agent, like any team player, can't do their job without having insight into the game plan and the other members of the team.  Developing a business relationship that allows your real estate agent access to the game plan and profiles of the players will enable the entire team to have a strategy for optimizing the purchase of that perfect property.  Bringing in a top-draft player can take a team quickly and efficiently to the win, but the game is still played by a team.

Rule 3:  Develop a Winning Strategy

Buying a home or property with others can be a lot like a long drawn-out game, requiring stamina and skills, or simply a whole lot of luck.  In worst case scenarios players get hurt.  Sometimes "fouls" stop the clock.  Poor sportsmanship can ruin reputations.  However, when a team is coach-able, with excellent players and a real strategy, that same game is a lot more fun, and often results in a quicker, better win.

When the Last Buzzer Sounds

Why all this talk of team spirit and sports?  Purchasing a home or property isn't a game, right?  Think Again!!  As in all sports, there is a goal:  Winning!!  We all want to buy the best house we can for the least amount of money, getting all of our criteria met.  However, there are larger lessons we learn from playing team sports.  we learn about playing a "good" game, we learn about working together to achieve a common goal, and we learn the best way of winning by doing it together. 

The people involved with you in buying a home or property might be in your life for quite some time.  Certainly you will have some relationship to them as you finish the transaction and continue to know and interact with them.  More importantly, your work with them in purchasing the property will give you valuable information about yourself.  navigating that win, the purchase of a property with all team-members feeling like they were part of the game-winning play, now that is a game we all want to see!!  And, we might even want to play it again!

Real Estate Lake of the Ozarks : Find Your Dream Home Now! 

1-573-302-2390 Office
1-573-302-2388 Fax
1-573-280-1110 Cell
Best Realtor Lake of the Ozarks


Popular posts from this blog

FACT VS FICTION - Living At The Lake Of The Ozarks

Lake of the Ozarks FUN FACTS

Lake of the Ozarks Honors Our Local Veterans