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Navigating the Home Buying Process: Expecting Speed Bumps and Overcoming Glitches

Yikes, Now What Do WE Do?

Kudos to you. You have stuck to the process. You have assembled your team.  The agent who you know, like, and trust, and who you have hired to help you buy your house is on board and you are ready to submit an offer. Your attorney is on standby waiting for the contract. Your home inspector is on deck and is waiting for the call to do their thing.  What could go wrong?

We have all heard about those little glitches in the system. Is it possible that your agent needs to contact the loan officer to verify vital information and they are simply not available?  What if the software that the agent uses to prepare the contract which will be conveyed electronically, is “down” and this extremely important task cannot get accomplished in the time frame available (because you looked at the house on the day offers were presented?) For the record the authentisign program that agents use in our Buffalo market is prone to stalling at least once a week it seems. You will hear many F-bombs getting thrown around when that happens.  If your hearing aid is on the fritz, you will see lots of beads of sweat pouring down their foreheads. The point is little things can quickly derail you in your attempt to secure your next home.  What can you do about this? The answer is simple.  Be prepared to expect these and other kinds of speed bumps on your way to home ownership. If you are prone to wigging out at the first sign of adversity, you should probably cease and desist in your quest to become a homeowner.  Stuff like this happens all the time,

One of the first things that new homeowners experience is their need to hire various contractors. When they do, few of them will not say at one point or another,

     “Wow, I cannot believe it.  They never showed up and they never even called me.”

Welcome to home ownership.  We are all familiar with Murphy’s Law and when it comes to all aspects of Real Estate, this one seems to rule supreme.So when you are in the initial stages of the purchasing process, do yourself a favor. Try to give your agent and any and all of the service providers you have enlisted, ample time to shift gears and address normal glitches in the system. Now bare in mind, I have introduced the word “normal.”  This is as opposed to the word “catastrophic.”  The good news is in over 40 years of sales, I have never had a catastrophic event.  Likewise, I have never not had a transaction close. I cannot say that I have not witnessed other agents having to deal with some easily avoidable mishaps. So over the years, I and all good agents who treat this business as the profession it is, have learned to roll with the punches and make adjustments for the simple little glitches and stalls that are likely to occur. WE deal with them and move on to the next one. In most cases, issues will be resolved or fixed and you will not even be aware they were occurring.  That’s why you will hear many a broker or a manager address an agent with the useful preface,

     “Spare me the labor pains, just give me the baby.” 

So when you close on your dream home, you might consider giving your agent an extra hug and a BIG Thank You. They were “pushing” really hard to bring you on HOME.

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Hey, I wrote the book on Real Estate, literally.”

Author Brendan J. Cunningham is a New York Licensed Associate Real Estate Broker, lead of the Platinum Team at HusVar Real Estate, as well as an accomplished writer, Shakespearean trained professional actor, and podcaster.
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