Buyer’s Needs and Criteria

The Importance of Analyzing a Buyer’s Needs

The first step towards buying a new property will be to analyze a buyer's needs and criteria. Once a buyer has decided to purchase a new home or even a rental property, coming up with a game plan to find the right property is very important. The McAlister Home Group can help you determine exactly what you want your new property to look like and how it should function for your needs.

Buyer's should start by making a list. Write down what is important, key must-have's, location, amenities,etc. In a nutshell, what type of property and features would you like. What is the buyer's needs?

For example, if you are currently renting and would like to have a property where new developments are on the rise, we would target new construction and areas with plans for expansion. If building equity is important, we would find where the trends lie and what areas would fit your needs. Maybe you recently married and have outgrown your current residence. Or, maybe you have just received a promotion, which requires you to move to a new city. These factors will all have a bearing on how you approach your property search.

Buyer's Search Criteria

The Process Begins

It is important to establish a time frame for buying your property, which you can finalize at a later time. Now, you probably have a mental picture of what you would like your house to look like and the features it should have. It’s very important to write these ideas down to avoid any ambiguity later in your property search.

You should make at least two lists. One list should describe your dream property.The second list should list features of the property that are an absolute must have in order to buy it. In a perfect world, your new property would fulfill both lists 100 percent. It is more likely that you will end up blending the two lists into a schedule of prioritized items as you progress through the buying process. This is a natural, evolutionary process as you get clearer about what you want and what is available.

Know that you are in good hands with the McAlister Home Group as we begin the journey to find your dream home!

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