Birmingham Real Estate: You've Got Options: Duck, Duck, Duck

Duck, Duck, Duck

Duck, Duck, Duck

Oh so you've never heard of this game.  Well I'm not surprised.  Up until now, people have thought that Duck, Duck, Goose was the only game in town.  But let me tell you, when it comes time to buying a home, it's no game and you've got to make sure that you have all of your ducks in a row.

Ducks in a row

Don't let your goal of buying a home be thwarted by a goose.

Thinking about buying:

  • Why would you even start your search without confirming that a lender will finance a mortgage for you (ducks in a row)
  • Be upfront with your real estate agent so they won't spend precious time working with someone who doesn't have a chance in the fiery place of qualifying for a loan.   It's also important that your real estate agent take the right course of action at the appropriate time instead of wasting your time and theirs (ducks in a row)
  • Be realistic about expectations especially when it comes to price.  You can keep your frustration level down by focusing your attention on homes that fall within your price range (ducks in a row)
  • Even if there are claims that you can buy a home with no down payment, you WILL need money for something. Namely your home inspection, appraisal and perhaps some closing cost.  If you don't have this money in place, then perhaps it's a good idea.....no let me rephrase that.....it IS a good idea to delay your home search until you do have it.  House hunting on the pay day plan is a bad concept any way that you look at it (ducks in a row)
  • Relying on someone to help you make decisions?  Introduce them into the equation at the beginning of the process
  • If you know you have some credit issues to clear up, then still speak with a mortgage representative.  They can tell you which issues matter more than others (ducks in a row)
  • Stay focused on the task and the goal. Keep your spending in check and by all means, do not establish any new credit.  None.  Zilch. Nada (ducks in a row)

 This list can be lengthy so if you'd like more info, please contact me, Charita Cadenhead,  and we can go into further detail.

Buying a home is not a game and especially not a game of chance. It's a process that should be well thought out and there is no one better to help you plan than a Realtor®.

 

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Charita Cadenhead, Your Metropolitan Birmingham, Alabama Real Estate Broker of Choice

Got a question about Metropolitan Birmingham real estate? Just ask Charita. Need a good Realtor(R) to help you find a new home or sell the one you already own?  Just shoot me an email.  In need of a rental property?  Subscribe to be notified whenever we list a new or home for sale.

        
Charita H. Cadenhead, Realtor®
Keller Williams Realty Metro North
Gardendale, AL 35071
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Comment balloon 131 commentsCharita Cadenhead • November 30 2011 04:45AM

Comments

Good morning Charita! Ducks in a row is the way to go! I put it all up front-no mortgage qual? Not gettin in my car!

Posted by Marco Giancola, Realtor (305)608-1922, Miami Beach Florida (Beachfront Realty) over 7 years ago

Charita - Yes, this is a good checklist.  Amazing how many people do not have their ducks in a row...although some may not realize what they need and it may not be intentional.  This is a great guideline for them.

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) over 7 years ago

Quaaaack!  Quaaackk!  :)

Getting those ducks in a row is so critical and great points Charita!  Nothing worse than house hunting and NOT knowing what your actual financial capabilities are.  Thinking you can get preapproved with no problem is NOT enough. 

Posted by Liz and Bill Spear, RE/MAX Elite Warren County OH (Cincinnati/Dayton) (RE/MAX Elite 513.520.5305 www.LizTour.com) over 7 years ago

Well said, Charita.  A home sale goes much more smoothly when both the buyer and seller have all the ducks in a row.  (Love your new photo, BTW.)

Posted by Kathryn Acciari, Brand Ambassador and Business Coach (Century 21 Real Estate) over 7 years ago

I politely tell the buyer no thanks when they want to do things their way. No prequal, no deal. I just have my standards for service.

Posted by Wale Adewoyin (1st Crown Realty Corporation 503-512-6200) over 7 years ago

Great Presentation here... I like the way you spell it out... just like it is. You certainly have all your ducks in a row! Too many buyers think we do this for entertainment.

Posted by Janis Borgueta, LIC RE Salesperson (Key Properties of the Hudson Valley ) over 7 years ago

.. and don't  forget the AFLAC duck for all your insurance needs. .

Posted by Fernando Herboso - Broker for Maxus Realty Group, 301-246-0001 Serving Maryland, DC and Northern VA (Maxus Realty Group - Broker 301-246-0001) over 7 years ago

Charita, some very good points for buyers here. Not doing anyone of these can surely kill a deal.

Posted by Michael Setunsky, Your Commercial Real Estate Link to Northern VA over 7 years ago

Charita, once again you make perfect sense. These are good reasons to work with a professional who will run the buyer through that checklist so not to waste anyone's time.

Posted by David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct (DMK Real Estate ) over 7 years ago

Great advice, Charita.  So many simple things can derail a home purchase.  These are all good tips and should any buyer make it to the finish line with no problems.

Posted by Mike Cooper, GRI, Your Neighborhood Real Estate Sales Pro (Cornerstone Business Group Inc) over 7 years ago

GOOD MORNING CHARITA!  I love the answers I usually get from your first question -- most people say, "I know I qualify!"  Nice list and feature!

Posted by Gabrielle Kamahele Rhind, Broker/Owner (KGC Properties LLC, Tucson Property Management & Real Estate) over 7 years ago
You have several good ones right in a row! I like the no nonsense approach!
Posted by Cheryl Ritchie, Southern Maryland 301-980-7566 (RE/MAX Leading Edge www.GoldenResults.com) over 7 years ago

Charita, this is your best post ever! Excellent points for any Buyer and great presentation!

Posted by Connie Harvey, Realtor - Nashville TN Real Estate (Pilkerton Realtors) over 7 years ago

Charita, 

I love this post.  I am always using the saying "getting our ducks in a row".  It's so important to make sure we are in a good order.  Financing, realistic expectations should be first, then we can find good homes that meet those needs.  

All the best to a girl I know has her ducks in a row, Michelle

Posted by Michelle Francis, Realtor, Buckhead Atlanta Homes for Sale & Lease (Tim Francis Realty LLC) over 7 years ago

GM Charita!

Great blog. I think its a fun way to point out some serious matters. People spend more time worrying about finding a great deal on a car than how to but a house with a quality Realtor.  Yikes! 

Posted by Cathy Criado, Making Real Estate Profitable (Criado Realty ) over 7 years ago

Charita, this is a great post! I'm going to re-blog. Excellent point about not househunting on the "pay day" plan, and about needing some money, even if no downpayment is necessary.

Posted by Nina Rogoff, Sells Real Estate! (RE/MAX Executive Realty) over 7 years ago

Line them up Marco and get them straight.  The road to closing will be a lot smoother that way.

Janis you got that right. We are not the entertainment committee and consumers need to know and understand that upfront. But more importantly when we recognize that they don't care, then it is decision making time on our part.

Debbie those people are the exceptions, but for the ones that we counsel and they still don't listen, well.......the goose is waiting.

BLiz what's worse is the agent that dedicates all of that time and doesn't know whether or not they are dealing with someone who can qualify for  a home.

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Kathryn lining those ducks up is not an option.

Quack, quack Fernando. Our instincts and experience is our insurance.

Wale doing is politely is one sure way to really tick them off.  They want to be made and will be furious, without a good reason why.

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago
Micheal they can kill a deal before life is even breathed into the deal.
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago
David, consumers would be much wiser to let their agent lead the way.
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago
Mike it is the little things that make it hard to swallow when they derail everyone's efforts.
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Great job Charita! I really like this post and I especially like your point that buyers need to be aware that they WILL need money for something.

Nice post, Congrats on the Feature! Well deserved!! :)

Posted by Mike Mitchell, REALTOR (R) (Real Living Kee Realty) over 7 years ago

Thanks Gabrielle. I know. They kill me with that line "ok qualifying will be NO problem.". Well how do you know if you have not consulted with a lender.

Cheryl sometimes you just have to cut to the chase.

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago
Thanks Connie. I am inspired by sleepless nights.
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago
Michelle first things first (not in reverse).
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago
Cathy isn't that the truth. Buying a house is a really big deal and people should treat it as much.
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Good morning, Charita....nice analogy.... this post should be read by all potential buyers.....buying is a process and no steps can be skipped....

Posted by Barbara Todaro, Marketing Agent for The Todaro Team (RE/MAX Executive Realty ) over 7 years ago
Thanks Nina. That pay day plan is a red flag for sure and everything should come to a halt when we realize that. This is a time sensitive process that needs to keep moving and the pay day plan does not allow for that.
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago
Mike M. No money. No house. per-i-od.
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago
Barbara I am with you on that. It should be a part of the buyer package and consultation withou fail.
Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Another great post by my bud Charita.  Very nice work.  I agree with Barbara - a must-read for all buyers.

Posted by Paula McDonald, Granbury, TX 936-203-0279 (Beam & Branch Realty) over 7 years ago

There are so many good points agents make on Active Rain I often think clients should be reading these posts not agents. Great post Charita!

Posted by Tyler Rackley, www.gorichmondrealestate.com (The 20/20 Team) over 7 years ago

Charita you've out done yourself with this post!  Yes I love a client that has all their ducks in a row and knows how to play the game!  Outstanding job my friend.

Posted by John McCormack, CRS, Honesty, Integrity, Results, Experienced. HIRE Me! (Albuquerque Homes Realty) over 7 years ago

So many people do things a** backwards..."Goose"! Seriously...nice post and great list of things to do before and during the process.

Posted by Karen Fiddler, Broker/Owner, Orange County & Lake Arrowhead, CA (949)510-2395 (Karen Parsons-Fiddler, Broker 949-510-2395) over 7 years ago

Charita,

A simple philosophy; ever so powerful! I can really appreciate your words of wisdom. I wanted to click suggest but you must have already been featured because there was no option. You deserve it!!!

This is an outstanding post that deserves to be shared. Thank you!

Patricia

Posted by Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives (DFW FINE PROPERTIES) over 7 years ago

yes indeed, and hopefully you don't get a monkey wrench thrown in there!

Posted by Adam Todd (LeadTrader PRO) over 7 years ago

Hi Charita, This is well thought out steps for any buyers. I have often run into those buyers who told me that their friends got into a home with "No Money Down", and they want the same deal too. No one told them that they needed have money set aside for earnest money, inspections, appraisals, surveys, and some closings costs as you mentioned above. During that First Consultation I ask them if they have at least $2000 set aside for all these items. If not, I inform them they are not quite ready to go house hunting.

Go back home and get your ducks in order!

Posted by Jerry Newman, Texas REALTOR, San Antonio Military Relocation (Brown Realty, 210-789-4216,www.JeremiahNewman.com) over 7 years ago

Hi Charita, this is a great post. Love the title and the way you worked the game with the important information. Well done!

Posted by Sandy Acevedo, RE/MAX Masters, Inland Empire Homes for Sale (951-290-8588) over 7 years ago

Very true on all points.  As an agent, also make sure your buyers have all their ducks in a row before you start any process with them.

Posted by Luis Iniguez, Search Inland Empire Homes For Sale - Short Sale Agent (Option One Real Estate) over 7 years ago

Buying a home is serious business and not for the faint of heart. Love how you put this so succinctly.

Posted by Tammie White, Broker, Franklin TN Homes for Sale (Franklin Homes Realty LLC) over 7 years ago

Ducks in a row is the Way to go. buyers and sellers will and have appreciated it.

I just put a deal together with a Mid December Close by keeping the Ducks on the Bench until they could get into the Row. My buyers wanted to put in long term closings back in Dec. of last year knowing that they were approve for X $'s I spoke with them a second time asking why buy now and close in you ready AUGUST. I explained to them that most Seller's would be looking at a 30 -60 day close and was there another reason such as finance? Not at all was their reply and they are Pre-approved by the lender. With that I asked if it would be okay for me to talk with the lender and discuss finances? The doom of gloom look showed on their faces but they did consent, spoke to the lender and wallah. Yes borrow in the range of what they wanted to see, yes finance would be okay but they need to wait Until August before their credit score would allow them to buy.

Put the ducks in a row, explained that we would look at homes around mid July and not before other than send some market info to them. Took until last week to find the home they wanted but now they move in 3 weeks.

Posted by Gary Kyte (Royal LePage ProAlliance Realty, Brokerage) over 7 years ago

Excellent post.  It never ceases to amaze me that most people don't worry about getting their ducks in a row and don't understand why you as an agent want them to.

Posted by Faye Y. Taylor, Homes for Sale Floresville, La Vernia & San Antoni (StepStone Realty, LLC ) over 7 years ago

Charita, Being prepared makes all the differnece in the world!  If the REALTOR is prepared and the lender is prepared and the buyer is prepared most of the time you will get to closing.  Have a great day and remember to DUCK!

Posted by Don Taber, REALTOR / BROKER / CRS / GRI (Our Town Properties, Inc., Wilson, NC) over 7 years ago

Hi Charita~ 

This is great!  It's funny you mention this, I was just informing a couple the importance of having everything squared away (Ducks in a row) before actually going out and looking.  One couple for instance, is ready to start the search process and I refuse to take them out without a PreQual!   Great blog!!

Cynthia

Posted by Raine C. Williams (Raine Properties & Investments) over 7 years ago

Getting the ducks in a row is a great way to start but most don't and that is where we come in to help. Great post.

Posted by Mike Yeo (3:16 team REALTY) over 7 years ago

Hi Charita,  This was a fun read.  Having the finances lined up prior to engaging an agent is so critical !

Posted by Bill Gillhespy, Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos (16 Sunview Blvd) over 7 years ago

The entourage of additional decision makers is often an issue for me.  It's hilarious to see buyers fall in love with a home, only to have one of their friends, a 2nd cousin, and someone else derail the deal because they didn't like it.

Posted by Bryan Robertson over 7 years ago

That's one of the best games of all time, in fact many adults still play a variation of it today.

Good post, thanks for sharing it.

Posted by Anthony Daniels, SF Bay Area REO Specialist (Coldwell Banker) over 7 years ago

Bravo, Bravo, Bravo Charita!!!  Excellent advice to give that home buyer starting their search for a home.  Many times folks think that finding the house is the only thing they have to do...not so.  Congrats on the feature and you just gave me some thoughts on a post...:)!

Posted by Brenda Mullen, Your San Antonio TX Real Estate Agent!! (RE/MAX Access) over 7 years ago

Love it!  Buyers definitely don't want to get caught with misunderstanding something about the process.  Can be very startling for them.  Congrats on the feature!

Posted by Emily Lowe, Nashville TN Realtor (The Lipman Group | Sotheby's International Realty) over 7 years ago

Charita - getting your ducks in a row is crucial to having a relatively stress free transaction ..... one simple step out of place can caues real nightmares and potentially a homeless (as in my house is sold but I can't close on another) person out of you

Posted by Kathy Clulow, Trusted For Experience - Respected For Results (RE/MAX All-Stars Realty Inc. Brokerage) over 7 years ago

Excellent advice.  I know there are lots of "buyers" who will insist that they know what they can afford, and will try to avoid seeing the lender until after they have found a home.  That way leads to heartbreak.  They wil fall in love wiht a home and then a lender (or many lenders) will tell them that their credit won't support the mortgage and they will have to start over.  Serious buyers do need to get everything ready before they look for their new home.

Posted by Susan Neal, Fair Oaks CA & Sacramento Area Real Estate Broker (RE/MAX Gold, Fair Oaks) over 7 years ago

Charita:

I love this blog.  Good, common sense advice for buyers.  I especially like your true/false question. 

Posted by Evelyn Kennedy, Alameda, Real Estate, Alameda, CA (Alain Pinel Realtors) over 7 years ago

H Charita:  Congrats on the feature!  Great post that consumers should really pay attention.

Posted by Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula (Realty Works Temecula) over 7 years ago

Paula we need to get more buyers to read AR post.

Tyler the post are actually meant for clients, we just need to send them the link if we know buyers or post where buyers are reading.

Thanks John.  I'm not even sure where the duck, duck, goose theme came from but it seems to work huh?

Karen a wonder if those are same people that came into the world AB.

Thanks Patricia.  It's all about the K.I.S.S. rule of thumb.

Adam not wouldn't that be all that we needed?  A monkey wrench teaming up with the goose.

Oh my God, Jerry.  Not the so and so did so and so epilogue. First of all, they can't possible know all of he details and secondly, I am sure their friends were posturing to a certain degree.

Thanks Sandy.  Those that want to play games should resume playing Duck, Duck Goose.

That's the ticket Luis.  No sense in everybody wasting precious time.

 

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Tammie it's not the fun and games that people think it's going to be.  It can be pleasant, but that happens when people have their ducks in a row.

Gary sometimes people just want what they want and will do cartwheels to get it even when it doesn't make sense or have no rhyme or reason.

Faye you said it right. It is sometimes as if we were blue people speaking french or an alien language.

Don I have to remember to duck and dodge when I know better.  No one, at least no agent wants to fight an uphill battle.

Cynthia do they understand the rationale behind you not wanting to go out with them without a pre-qual.  We think that once we explain it to them, that they will get it.  Sometimes they do and sometimes that just want what they want whether it defies logic or not.

Life is so much easier Mike when we work with clients that listen.

Thanks Bill.  Glad you enjoyed it.  You have to know where the money is before you can follow it.

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Bryan I understand the value of the opinion of a trusted friend or family member.  But here's the deal.....none of them have to live in the house nor pay for it.

Anthony there are times when it's okay to be daring.  Perhaps that best describes investors.  But for the owner occupant, it works best if it's sensible.

Bren, finding the house is sometimes the easier part.   There is so much to be done, that the client never even knows about it. We just make it look easy.  Thanks.

Emily the words "listen intently" seems to be dominatingy my thougths righ now.

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Buying a home isn't like it used to be. You actually need a job, credit, money, etc.                   

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) over 7 years ago

Getting the ducks in a row -- perfect post Charita!   A perfectly ducky idea. ;-)

Posted by Carla Muss-Jacobs, RETIRED (RETIRED / State License is Inactive) over 7 years ago

Hi Charita...I started reading this and didn't realize it was featured.  I quickly thought this needs to be suggested.  Well I was way too late but I'm happy for you.

You're a sharp chick!

Kate

Posted by Kate Elim, Realtor 540-226-1964, Selling Homes & Land a (Dockside Realty) over 7 years ago

Charita, I'm so glad this was featured, I missed it on the blog roll. Very sound advise for buyers!

Posted by Cheryl Dickson, Retired Realtor, GRI / Retired Home Inspector (Retired Realtor / Retired Home Inspector) over 7 years ago

This is definitely the way to go! I can't imagine not having things ready to go while house hunting.

Posted by Ben Blonder, Buyers, Sellers, Investors! (Broker/Owner, Keller Williams) over 7 years ago

This is great advice Charita, especially the part about bringing in other "decision makers" EARLY in the process!  What a time saver that is, huh?  

P.S. gave you a shout-out in my blog tonight!  

Posted by Karen Bernetti over 7 years ago

Charita - These are great recommendations for making sure the purchase transaction goes smoothy unless you wanting to be ducking for cover at the end.

Posted by Christine Donovan, Broker/Attorney 714-319-9751 DRE01267479 - Costa M (Donovan Blatt Realty) over 7 years ago

Nice metaphor for the homebuying process. How about getting a supply of toy ducks, putting your contact info on the bottom, and handing them out to buyer prospects?

Posted by John Novak, Henderson, Las Vegas and Summerlin Real Estate (Keller Williams Realty The Marketplace) over 7 years ago

Good advice, Charita! Buyers do need to get their ducks in a row if they want to have a successful home buying experience.

Posted by Maria Morton, Kansas City Real Estate 816-560-3758 (Chartwell Kansas City Realty) over 7 years ago
Great article, with great advice for buyers. I had a buyer who decided to get surgery on his knee a Minh before closing and now on temporary disabilty. It was a surgery that could have waited. Now they can't get a mortgage till he goes back to work. Now that hurt!
Posted by Danielle Arena over 7 years ago

Imagine that Eric.  Who would have ever thought it woud come to that?  LOL

First things first Carla.

Thanks Kate and Cheryl.

Neither can I Ben.

Karen there is nothing like looking at a dozen homes with a buyer and then out of the blue another party is brought in.  Argh!!.  Read your post.  Thanks for the shout out.

Christine, at the end of the line, I don't want to be ducking anything except for the door behind me when I leave the closing.

That's something to think about John.  I may give that some thought.

They have to want it Maria and really want it.

Bad idea Danielle.  There is no way the buyer could have mentioned that to anyone upfront. Surely his loan officer would have warned him that the timing could not have been worse.

 

 

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Good morning Charita. Great post. I really enjoyed the dry humor interspersed in this. You always write well, this is especially good.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 7 years ago

Charita,

 

An agent who ensures their clients has their ducks in a row, tends to not waste a lot of time. Nice feature.

Posted by Scott Hayes, Realty Austin, Broker Associate ((512) 786-8300) over 7 years ago

Fantastic article, Charita!  Loved the way you incorporated the game into the article.  Wouldn't it be wonderful if every buyer would get all done before searching, without overspending during the process so that when the time came to perform, their credit scores had NOT gone down and the mortgage lender was still on board.  Have a wonderful holiday season!

Posted by Rosalie Frankel (Dominion Real Estate Partners) over 7 years ago

Hi Charita:  I've never heard it put so elquently but to the point like you did.  Great Job!  I'm going to use this post in my education of potential buyers. 

Posted by Carri Schoeller, Realtor ABR, e-PRO,Sarasota Luxury Real Estate (BEX Realty) over 7 years ago

Good morning Charita,

I love the "ducks in a row", great analogy and a super list for potential buyers to work through.  Thanks for sharing!

Posted by Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless! (Lisa Von Domek Team) over 7 years ago

Great Analogy.  The ducks have to be lined up so you can go to work.

Posted by Ric Mills, Integrity, Honesty, and Vast Real Estate Knowledge (Keller Williams Southern Az) over 7 years ago

Charita - fabulous post.  Too many buyers out there think that it is no problem to get a preapproval and these days it's not as easy as it once was.  This is a great list and I love the analogy to "ducks in a row."

Posted by Lisa Ackerson, CRS - Dallas Fort Worth Area Expert (Fathom Realty DFW) over 7 years ago

Duck, Duck, No Goose. Anywhere.

Here in Eugene, OREGON, we just say:  Go DUCKS!

 

 

In a row only at kickoff, then maybe in i-formation, or quarter under center, or running back slotted right, or tight end in motion or...

Posted by Jim Hale, Eugene Oregon's Best Home Search Website (ACTIONAGENTS.NET) over 7 years ago

Great post!

Posted by Loretta Holscher over 7 years ago

Unfortunately, many consumers are misinformed, so when educated by a Realtor about having their ducks lined up to begin the selecting and buying process, they eventually find a Realtor that will tie them up and sometimes get them into a home, regardless of their financial suitability. The eventual outcome is predictable as   we know and because of that, the RE market is in chaos, isn't it?

Posted by Kimo Jarrett, Pro Lifestyle Solutions (WikiWiki Realty) over 7 years ago

I loved this post - buyers need to have their ducks in a row and you spelled it out perfectly.

 

Posted by Terry McCarley, REALTOR, SRES, CDPE - Cape Coral, FL (REMAX Realty Team - Cape Coral FL) over 7 years ago

Good Morning Charita,

I love it what a great analogy, Many times the buyers are not aware what it takes for them to buy a home and it's best to speak with a Realtor that can help them through the process. Great points too for the buyer to consider before moving forward in buying that DREAM HOME. Great feature

Posted by Donna Paul, Long Island Home Specialist,All About Real Estate (Keller Williams Realty Gold Coast) over 7 years ago

I agree, I am shocked at how many buyers jump into the market without knowing what they can qualify for!

Posted by Travis Turner (Turner Associates | Colorado Springs, Co | 719.244.3645 ) over 7 years ago

Excellent advice, Charita!

Posted by Roger Johnson, Realtor - Hickory NC Real Estate (Hickory Real Estate Group) over 7 years ago

Great post!  Clear and straight to the point...the way it should be! 

Well done!

Posted by Dave King, GRI, ABR, Green (Long and Foster Realtors) over 7 years ago

This may have been mentioned already in a previous post and I apologize for not reading all the prior ones.  When I first got into real estate several years ago I was so excited to have a call and hopefully a client and wonder of wonders, a showing appointment.  It didn't take long to learn to ask what has become my two standard right off the bat questions.  1) Have you been pre-qualified?  And 2) Are you currently working with another agent?  It's amazing how much time these two questions can save both you and your client.  Never be afraid to gather all the information you need first so you can do your job.  Proper counseling and qualifying your clients is the first and most important step in the process.

Posted by Ray Doster (Re/Max Total Service) over 7 years ago

Go Oregon Ducks!

Posted by Roger Newton (Roger Newton Real Estate) over 7 years ago

Amazing how many people do not have their ducks in a row...although some may not realize what they need and it may not be intentional.  It's your time...protect it...get them prepared ahead of time!

Posted by Team Randy & Jenny Thomas (Team Thomas Realtors) over 7 years ago

Love this post! Might steal John Novak's idea of getting some toy ducks!

Posted by Debbe Perry, 828.439.3084 Morganton/Lake James NC (Real Living Carolina Property ) over 7 years ago
So very true. Thanks for sharing!
Posted by Rick Payne, Downtown San Diego Condo Expert (REeBroker Group) over 7 years ago

Charita- This is a great post and I'm going to reblog. Truly a must read for all current and potential buyers. I particularly like your point on prequalifications - that's the very first step. Well deserved feature!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group Brokered By eXp Realty) over 7 years ago

Charita, I love your post and I love the picture you used.  As a Dad who has a daughter who loves and used to collect rubber ducks this one hits home in so many ways.  There is nothing worse than having to tell a borrower that they do not qualify for a home that they have already picked out and havve their heart set on.  It saves the borrower so much time if they get prequalified, know what they qualify for, and look for a home in that price range.  Then everyone's heart stays intact.  Get those "Ducks In A Row".  Great job!!

Posted by Jim Church over 7 years ago

Charita, I love your post and I love the picture you used.  As a Dad who has a daughter who loves and used to collect rubber ducks this one hits home in so many ways.  There is nothing worse than having to tell a borrower that they do not qualify for a home that they have already picked out and havve their heart set on.  It saves the borrower so much time if they get prequalified, know what they qualify for, and look for a home in that price range.  Then everyone's heart stays intact.  Get those "Ducks In A Row".  Great job!!

Whoops...helps if you sign in first :)

Posted by James "Jim" Church - MLO #289630 (Guild Mortgage Company NMLS #3274 - An "Equal Housing Lender") over 7 years ago

Times have changed. This is the microwave society. It has fallen upon the responsibility of us, in representing our clients, to get all of their ducks in a row for them. Or at the least to make sure that they have taken the steps themselves.

If you start showing property without confirming that your clients can qualify for that price point..........here's your sign.

If you dont confirm that your clients know they will need money (and have it) for down payment, inspection, closing costs etc.........here's your sign.

If you dont tell your buyers not to make any credit purchases prior to closing on the house........here's your sign.

Guess what the sign says?

 

Posted by Jayson Holland, Jay Holland (Listings.com) over 7 years ago
Awesome post. I hope it's ok to re-post it giving you credit, of course. Amazing how many people start looking for a house without giving much of a thought. And trying to contact many different Reators to do the work. I agree with Ray that the 2 first questions to ask a prospective customer are: Are you working with another Realtor? Have you been qualified by a lender? Thanks for sharing, Orita
Posted by Orita Issartel over 7 years ago

The best way to buy a house is to work with a REALTOR® who has his/her ducks in a row, and you are my first choice for Birmingham, Alabama.

Posted by Cynthia Larsen, Independent Broker In Sonoma County, CA over 7 years ago

Great post, Charita. There are a lot of truths in there. I can't count the number of times I've had a buyer come to me to apply for a loan because they want to make an offer on a home they found that day.

Posted by Cory Ure (Security National Mortgage Company | Co. NMLS 3116) over 7 years ago

Great read. Great verbage. Thank you, 

Posted by Curtis E. Hunt over 7 years ago

To the commentor re: Eugene, I agree:  Go DUCKS! My family was in Eugene for many decades.  Regarding the game at hand, a bit of trivia:  In a handful of places in the midwest, there is no "Goose":  they play Duck, Duck, Grey Duck.  (I never understood why.)

Posted by Emilie Greenwell (ALLEN REALTORS) over 7 years ago

"Relying on someone to help you make decisions?  Introduce them into the equation at the beginning of the process"

So true.  We've had a few deals go south at the end because mom or dad didn't like the place!

Posted by Christie Lane Craven, Your Anne Arundel County Agent (Blackwell Real Estate ) over 7 years ago

It is so important to be prepared when shopping for a home.  It starts with finding a Realtor you can trust and a Quality Lender.

Posted by Gene Riemenschneider, Turning Houses into Homes (Home Point Real Estate) over 7 years ago

All great points!

It's amazing what goes through a buyer's mind in the homebuying process.  Just this week one of my buyers agents had a deal sidetracked.  The buyers won $50,000 at the gambling boat and went out and bought two new cars.

Did they pay cash, of course not.  They did put some money down.  But the new car payments pushed them out of acceptable ratios.

Gambling doesn't payoff even when you WIN!

Posted by Bart Vickrey (Bart Vickrey & Co Real Estate) over 7 years ago

Awesome advice and the best way to set up a successful buying transaction and professional relationship between Client and Realtor.  This all goes to telling the Client what they NEED to hear, and not just what they WANT to hear.  Thank you!

Posted by Lisa Matthews over 7 years ago

Hi Charita,

This is so cool. I don’t know how many times I’ve said this to clients, “Are you pre approved for a loan?” There is a couple in particular I have in mind, I want them to read this blog.

Nice humor as well by the way. Thanks for the great post!

Posted by Dimitri Matsis-REALTOR® (818) 599-6083 (Troop Real Estate Inc. Westlake Village CA) over 7 years ago

Congrats on the featured post, and I felt this information was definitely worth a re-blog.  I have a couple I've been talking to that still needs to get on the same page of getting all of their "ducks" in a row.

Posted by Joshua Stein, Homes For Sale - Montgomery County (Coldwell Banker Preferred - Conshohocken) over 7 years ago

Charita, This was definately "Right On". I going to repost this....thanks for great check list.

Posted by Marilyn Wier, Your League City & Surrounding Areas REALTOR! (RE/MAX Space Center) over 7 years ago

So true!  Many buyers just can't wait to get out there and start seeing properties.  Of course there aree so many other steps that need to be taken to get your ducks in a row.  =>

Posted by Kate Akerly, Manhattan Beach Residential Sales (Kaminsky Group) over 7 years ago

With this short-sale market and the HUD market it sometimes feels like a game of chance.

Posted by Jim Miner, Loan Modfication & Short Sale Specialist (Miner Noh & Associates) over 7 years ago

Charita:

Great article and well organized.  I really like the title and how you use it.  You caught my attention!

Posted by Ronald S. Accornero (OC Signature Properties) over 7 years ago

I know one Realtor that showed more than 30 homes (that when she stop counting) with before she found the one the borrower would be satisfied with.

Posted by Fred Sweezer Sr., Certified Home Inspector (Hud Certified 203K Consultant) over 7 years ago

Good points Charita!  And congratulations on the feature.  I specialize in first time buyers in the Central Ohio area, and the first thing I say is - have you spoken with a lender yet?  I like the other points and may just incorporate your points into some of mine.  Thanks.

Posted by Roberta Kayne, CRS, ABR, SFR, RRS, Realtor, Re/Max Affiliates (Dublin & Central Ohio Homes) over 7 years ago

Since so much of my advertising is for First Time Home Buyers these days, you KNOW they get a credit review first.

Posted by Lenn Harley, Real Estate Broker - Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate) over 7 years ago

The best thing about having all of your ducks in a row is, that it's easier to knock em down.  Haha

Posted by Brett Richman, New Orleans Louisiana Real Estate (Summers/East Coast Realty Group) over 7 years ago

Great Great Great !!!!! People really need to know this if they plan to reach the goal of home ownership. : )

Posted by Chequita over 7 years ago

Aren't you the clever one?!

Nicely done.

 

I have to say that company name is very different.  Is it supposed to stand for something particular, or did someone just dump out 15 scrabble tiles on the county business office counter and say, "sign me up"?

Posted by Cameron Novak, Featured Corona Real Estate Agent Team (The Homefinding Center) over 7 years ago

Having your ducks in a row saves everyone a lot of grief....great post!!

Posted by Anonymous over 7 years ago

OMG, I completely forgot about Dck, Duck Goose and now i cannot even remember the nature of the game!!!!

Posted by Paddy Deighan JD PhD, Paddy Deighan J.D. Ph.D (TimeshareLawyers.pro) over 7 years ago

Good list.  All of the above should be gone over at the initial new buyer consultation. Before any property is seen. 

You may even want them to speak to a mortgage pro before you meet, or they can meet one at your office on the same day.

That sets you and the buyers up for success!

Thanks for posting!

Posted by Edward Perez (Sothbey's International Realty) over 7 years ago

Great post and we all know that nothing happens until all those ducks are in a row!

Posted by Geoff Grist, Author of Sold Above Market book (Mosman Neutral Bay Realty, Sydney Australia) over 7 years ago

Funny, but true.  Have your ducks in a row before you go...

Posted by Denise Watkins, Realtor Serving DC and MD (Tristar Realty, INC) over 7 years ago

Love that ducks in a row--great visual for your well thought out points to make sure they are.

Posted by Judi Monday, CRS-Green Valley AZ Expert, Green Valley Arizona R (RE/MAX Valley Properties) over 7 years ago

Very cute way to get your point across!

Posted by Liane Thomas -Top Listing Agent, Bringing you Home! (BROKER Allison James Estates & Homes BRE 01885684) over 7 years ago

Hi Charita,  Loved your post especially point 2 true or false! 

Posted by Bob Miller, The Ocala Dream Team (Keller Williams Cornerstone Realty) over 7 years ago

Excellent post Charita.  Love it, love the analogy

Posted by Anonymous over 7 years ago

Sheila sometimes humor is necessary to drive home a point.

That's the absolute truth Scott.  Thanks.

Ah Rosaline.  Just for a minute, my mind drifted to utopia.  Thanks for that image.

Carri this is a message that we need to never stop sharing.

Thanks Lisa and Rick.  Buyers have to have their acts together.

Lisa A the real problem is that some buyers think that we should just take their word when they say "oh, that's no problem" but that's not how we work.

Jim now every time I hear Oregon, I'm going to think "Go Ducks."

Thanks Loretta.

Kimo we can't be a part of fueling the fire.

Thanks Terry.

Donna I would venture to say that most times they don't know what it takes, unless they have been there before.

Travis I don't get it.  I would want to know so that I don't get my hopes up unnecessarily.

Thanks Roger and Dave.

Ray when we first got into the business, we shared your same experience.  I call it training camp.  We we live. We work.  We learn.  Thank goodness.

 

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Go Ducks.  I'm on board Roger.

Randy and Jennie at minimum, we have to help them line the ducks up.

I know Debbe.  It's a thought isn't it?

Thanks Rick.

Amanda I appreciate the reblog.

Jim everyone's heart stays in tact including our own.  That's a very fond memory of your girls.

Jayson I don't think it has fallen upon us.  I think we've had the responsibility all along to guide the process.

Reblog away Orita.  We too have to pick and choose.

 

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Cynthia we line them up and buyers follow suit.  That's a combination.  And hey, I agree, I'd chose me too.

I know Cory.  It's then that they are in a hurry.  And it's then that they learn they should have done this sooner, but only have someone else buys the house of their dreams.

Thank you Curtis.

That's a mystery Emilie.  Maybe someone reading will clue us in.

Christie where were Mom and Dad when their child first started looking.  Parents can kill a deal in a heartbeat.

Gene those 2 team members are critical at the onset.

Bart that HURTS.  I can feel the pain from here.

Lisa I always say that if I lose a buyer or seller because I've told the truth, then I really haven't lost anything at all.

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

In total agreement with you Charita, the "I's must be crossed and the "T's" dotted.......

 

ducks in a row

 

........oh, sorry, the sun got in my eyes!  Have a great day!

Posted by Steven Pahl, Real Estate Consultant Tampa, FL 813-319-6423 (Keller Williams Tampa Properties) over 7 years ago

Dmitri thanks.  In this business you have to have a sense of humor.  Otherwise you'd spend your time crying instead of laughing.

Thanks Joy.  The process just goes so much more smoothly when consumers follow our lead.  It just seems like a no brainer to me.

Joshua thanks for the re-blog.  And as for that client, I'll shoot a link to them in case you don't want to (lol).

Marilyn thank you so much for the reblog.

Mike there are just so many pieces to the homebuying puzzle that if we laid it all out on the line at once, their heads would be swimming.  Timing is everything.

Jim you are right, the the odds can work in the favor of the buyer, but patience and logic have to play a part.

Glad you liked it Ronald.

Fred that tells me that somebody was looking for the wrong thing.

Thanks Roberta.  I'm beginning to think that this message should be recorded and that way we just have to push a button and save some breath.

Lenn it's just got to be done.  No ifs, ands or buts about it.

Brett that is funny but oh so true.

Chequita let's spread the word.

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Cameron to some it just might seems like a toss up of letters, but WIiRE actually stands for Women Investing in Real Estate.

Paddy I am sure by now you have Googled the rules of Duck, Duck, Goose.  But just imagine everyone sitting around a circle.  One person goes around the circle tapping everyone on the head and saying:  Duck. Duck. Duck. Duck and then finally they tap someone on the head and says Goose.  Then the goose jumps up and starts chasing the person that tapped them on the head.  And the person who was doing the tapping has to return to his/her place in the circle before the goose catches them.  Geez, I can remember how much fun it was.

As it relates to real estate, the buyer has to always keep an eye out because the goose may be lurking around and jump out at any moment and catch the buyer off guard.

Eddie it's hard to believe that some agents don't even do a buyer consultation.  What a shame (for the buyer and the agent).

Geoff at least nothing of significance happens until the ducks get lined up.

Denise, "ducks in a row before you go"  I love that.  I feel a slogan coming on.

Thanks Judi and Leanne.

Bob that's just a cold hard fact.  People need to realize that we work for food not fun.

Steven those are the coolest ducks I've every seen.  The Mighty Cool Ducks (in a row).

 

 

 

Posted by Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama) (Keller Williams Realty) over 7 years ago

Well, quack, quack, quack. Cute post. 

Posted by John DL Arendsen, Crest Backyard Homes "ADU" dealer & Contractor (CREST BACKYARD HOMES, ON THE LEVEL GENERAL & FACTORY BUILT HOME CONTRACTOR, TAG REAL ESTATE SALES & INVESTMENTS) over 7 years ago

Great idea of the duck, duck, goose game! Great blog! It is so important to secure financing and it's our professional job as agents to make sure that a buyer is truly qualified before racing around to show them properties

Posted by Anonymous over 7 years ago

Great check list and way to advice the folks to get their ducks in a row sort a speak. I can't believe anyone would not have their financing in order in the current market.

Posted by Charles Stallions Real Estate Services, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl. (Charles Stallions Real Estate Services Inc) over 7 years ago

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