According to experts, 2020 will be a positive year for the housing market. Although most homebuyers will likely buy during the spring season, it is beneficial for real estate agents to start building a connection with homebuyers as early as the first quarter of the year, especially with 1st-time homebuyers. With this in mind, here are 3 tips on how to win the hearts of 1st-time homebuyers.
1. Build Rentals Into Your Business. This will mean investing in making yourself familiar and knowledgeable with rentals, but it's all worth it in the long run. Renters you have worked and maintained a good relationship with will likely come to you when they decide to transition to being homeowners.
2. Connect With Banks and Mortgage Lenders. Since banks and mortgage lenders work closely with homebuyers in financing the purchase of their home, it is smart to reach out and offer your partnership with these institutions.
3. Work Local Events. Market yourself and your service in your local area by leading 1st-time homebuyers in the right direction and assist them with setting goals to move towards homeownership. Get out and host a homebuyer's workshop that will teach buyers the entire process.
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