First Meeting

Before: Buying Process Overview: First Meeting

The First Meeting with your real estate agent is critically important for both you and your real estate agent to exchange important information about how the entire process of buying (or selling a home for that matter) should and will likely progress.

The First Meeting is the first step in the Buying Process Overview process.

buying-process-overview-first-meeting

The First Meeting process is shown visually below.

first-meeting-with-real-estate-agent-nothing-selected

Receive a copy of the original "Nomad" book

For clients buying and/or selling a home with me in Northern Colorado, I usually give them a copy of the original "Nomad" book at the first meeting.

Others can see a copy of it at:

https://www.amazon.com/Nomad-Mr-James-Orr/dp/1518868959/

Local clients... mark complete when you've received a copy of the book. Others can mark this complete.

First MeetingUltimate Nomad ChecklistWeek 1

Receive a copy of "Northern Colorado Real Estate Advisor" book

For my clients buying and/or selling a home with me in Northern Colorado, I usually give them a copy of the "Northern Colorado Real Estate Advisor" book at the first meeting.

Others can see a copy of it at:

https://www.amazon.com/Northern-Colorado-Real-Estate-Advisor/dp/1512173142/

Local clients... mark complete when you've received a copy of the book. Others can mark this complete.

First MeetingUltimate Nomad ChecklistWeek 1

Get VIP access to JamesOrr.com

For my clients buying and/or selling a home with me in Northern Colorado get special access to password protected VIP resources on JamesOrr.com like recordings of previous NCREIG classes and charts and market stats.

Register for a free account on JamesOrr.com:

https://JamesOrr.com/register/

Then, email me at [email protected] and let me know the email you used to create your account. In that email ask me to upgrade you to VIP status on JamesOrr.com.

Once I manually upgrade you to VIP status, I will reply to your email and you will have access to class recordings and market stats.

Class recordings: https://JamesOrr.com/ncreig-classes/
Chart maker: https://JamesOrr.com/chart-maker/

Additional links to charts are located on the homepage of JamesOrr.com as well: https://JamesOrr.com/

First MeetingUltimate Nomad ChecklistWeek 1

Get Premium Nomad access on RealEstateFinancialPlanner.com

Clients buying and/or selling a home with me in Northern Colorado also get free Premium Nomad access.

Register for a free account:

https://RealEstateFinancialPlanner.com/free/

Then, email me at [email protected] to let me know what email address you used to register on RealEstateFinancialPlanner.com. In that same email, ask me to upgrade you to Premium Nomad.

Once I manually upgrade you, I will reply back and you will be able to access the Premium Nomad content including dynamic checklists (like this one you're reading right now), Nomad Calculator and recordings of over 40 Nomad classes.

First MeetingUltimate Nomad ChecklistWeek 1

Complete "First Meeting: Paperwork" checklist

Complete the "First Meeting: Paperwork" checklist:

https://RealEstateFinancialPlanner.com/paperwork/

ASAPFirst MeetingFirst Meeting: PaperworkUltimate Nomad ChecklistWeek 1

Complete "First Meeting: Professional Services Provided" checklist

Complete the "First Meeting: Professional Services Provided" checklist:

https://RealEstateFinancialPlanner.com/professional-services-provided/

ASAPFirst MeetingFirst Meeting: Professional Services ProvidedUltimate Nomad ChecklistWeek 1

Complete "First Meeting: Your Real Estate Goals" checklist

Complete the "First Meeting: Your Real Estate Goals" checklist:

https://RealEstateFinancialPlanner.com/your-real-estate-goals/

ASAPFirst MeetingFirst Meeting: Your Real Estate GoalsGoalsUltimate Nomad ChecklistWeek 1

Complete "First Meeting: Financing" checklist

Complete the "First Meeting: Financing" checklist:

https://RealEstateFinancialPlanner.com/financing/

ASAPFinancingFirst MeetingFirst Meeting: FinancingUltimate Nomad ChecklistWeek 1

Complete "First Meeting: Receive Property Lists" checklist

Complete the "First Meeting: Receive Property Lists" checklist:

https://RealEstateFinancialPlanner.com/receive-property-lists/

ASAPFirst MeetingFirst Meeting: Receive Property ListsProperty SearchUltimate Nomad ChecklistWeek 1

Complete "First Meeting: Analyze Deals" checklist

Complete the "First Meeting: Analyze Deals" checklist:

https://RealEstateFinancialPlanner.com/analyze-deals/

Analyzing DealsASAPFirst MeetingFirst Meeting: Analyze DealUltimate Nomad ChecklistWeek 1

Complete "First Meeting: Write Offer" checklist

Complete the "First Meeting: Write Offer" checklist:

https://RealEstateFinancialPlanner.com/write-offer/

ASAPFirst MeetingFirst Meeting: Write OfferMaking OffersUltimate Nomad ChecklistWeek 1

The First Meeting with your real estate agent consists of the following steps with brief explanations of what is included in each step:

  1. Paperwork – Go over the paperwork that allows your real estate agent to represent you and your best interests and, in almost all cases, be paid by the seller. This outlines what responsibilities and obligations your real estate agent has to you and what your responsibilities and obligations are to your real estate agent.
  2. Professional Services Provided – During this stage you and your real estate agent will discuss what parts of the buying process your real estate agent is willing and able to provide to you. You should also discuss what parts of the process are performed by other professionals and who those other professionals are including referrals and recommendations.
  3. Your Real Estate Goals – This one of my favorite parts of these meetings. Your real estate agent and you should sit down and discuss what your goals are and formulate a practical, achievable plan for you to achieve those goals. This may include modeling your Nomad plan using the Real Estate Financial Planner™ software.
  4. Financing – During this stage you will discuss a financing plan with your real estate agent. You'll usually also discuss which lenders you will be calling and what you hope to accomplish on those calls.
  5. Receive Property Lists – During this stage you and your real estate agent will discuss how you'll receive property lists and what kinds of properties you want to appear on those lists.
  6. Analyze Deals – During this stage you and your real estate agent will discuss how to analyze a property to make sure that the properties you're considering would make great Nomad rental properties once you move out.
  7. Write Offer – You won't actually be writing an offer at this stage, but you will be discussing what goes into writing an offer so you know the very broad strokes of what is required and how it works.

Improvements

The following are improvements I plan to make to this page based on some of my Standard Process Improvement Questions.

  • Add information about some of the financing types to this page? Or, should that be on the Financing 101 video page for ease of updating as things change.

  1. Sponsor Read "Facebook Ads for Real Estate Agent and Lender Sponsors"
  2. Sponsor Read "100 Ways to Get a Nomad Client in the Next 12 Months"
  3. Sponsor Read "Prepare for Investor Meeting Checklist"
  4. Sponsor Read "At Investor Meeting Checklist"
  5. Sponsor Read "Before for Real Estate Agents"
  6. Sponsor Read "During for Real Estate Agents"
  7. Sponsor Read "After for Real Estate Agents"
  8. Sponsor Read "Lease Option Ad for Property Listed in MLS for Clients"
  9. Sponsor Read "Standard Process Improvement Questions"

IMPORTANT NOTE: This checklist is based on what I personally use with clients in Northern Colorado. Please rely on your local real estate agent for how it works in your local real estate market. This process will definitely vary in different States.

>