Your Real Estate Goals

Before: Buying Process Overview: First Meeting: Your Real Estate Goals

Your Real Estate Goals is all about helping your real estate agent understand what your real estate goals are and having them suggest some possible solutions for achieving those goals. It is the third step in the First Meeting with your real estate agent process.

We usually take some time to do as Stephen Covey suggests and “begin with the end in mind”. That means looking at what are goals are in early in the process. We typically suggest you look at your goals in Week 1 of the Ultimate Nomad Checklist™.

first-meeting-with-real-estate-agent-your-real-estate-goals

The Your Real Estate Goals process is shown below.

Usually discuss what you’re committed to achieving
Owner occupant
Nomad™
Buy-and-Hold
House Hacking
Lease-Options
Fix and Flip
Creative Transactions and other off MLS deals
Model Nomad™ with calculator and on-going discussions
Long term relationships with Nomads™
Clients can schedule a time with me to discuss their personal goals

Complete "First Meeting: Your Real Estate Goals" checklist

ASAP First Meeting First Meeting: Your Real Estate Goals Goals Ultimate Nomad Checklist Week 1

Define my goal: Purchase a Nomad property that will ultimately be a rental in the next 3 months.

Define your goal for your next Nomad property to move into that will ultimately become a rental after at least a year.

A suggestion might be: Purchase a Nomad property that will ultimately be a rental in the next 3 months.

ASAP First Meeting: Your Real Estate Goals Goals Ultimate Nomad Checklist Week 1

Define my goal: Purchase a owner-occupant property in the next 3 months.

Define your goal for your next owner-occupant property to move into.

A suggestion might be: Purchase an owner-occupant property that I will move into within the next 3 months.

ASAP First Meeting: Your Real Estate Goals Goals Ultimate Nomad Checklist Week 1

Define my goal: Purchase an investment rental property (without a partner) in the next 3 months.

Define your goal to buy an additional non-owner-occupant rental property without a partner.

A suggestion might be: Purchase an investment rental property (without a partner) in the next 3 months.

ASAP First Meeting: Your Real Estate Goals Goals Ultimate Nomad Checklist Week 1

Partnership Define my goal: Purchase an investment rental property with a partner in the next 3 months.

If this is for a partnership, define your partnership goal.

A suggestion might be: Purchase an investment rental property with a partner in the next 3 months.

ASAP First Meeting: Your Real Estate Goals Goals Partnerships Ultimate Nomad Checklist Week 1

Discuss your goals with your Real Estate Broker

During your meeting with your Real Estate Broker discuss your goals and your plan to achieve them.

Some common discussion points include:

What you're committed to achieving (not just wishing you could achieve)
Finding an owner occupant property
Finding a Nomad property
Nomad investing plan to acquire rentals and/or catch up for retirement
Finding a buy and hold property
Finding a properties where you can put a Lease-Option Tenant-Buyer in it
Finding a fix and flip property
Finding creative off-market transactions
Model Nomad with calculator and on-going discussions
Clients can schedule a time with me to discuss their personal goals regularly

Mark this task as complete when you've discussed your goals with your Real Estate Broker.

ASAP First Meeting: Your Real Estate Goals Goals Ultimate Nomad Checklist Week 1

Create "Future Narrative"

Take an afternoon and create your own "Future Narrative" of what you'd like your life to look like.

Reference the following resources for more information: https://RealEstateFinancialPlanner.com/goal-setting-classes/

You'll be reviewing your "Future Narrative" weekly.

Mark this task as complete once you've created your own "Future Narrative".

ASAP First Meeting: Your Real Estate Goals Future Narrative Goals Ultimate Nomad Checklist Week 1

Schedule on your calendar when you'll do this week's tasks from your Future Narrative

You're much more likely to follow through on your goals if you plan out when you'll do the steps to achieve them.

So, take a moment to schedule out on your calendar when you'll actually do the tasks for this week on your calendar. Make an appointment with yourself to do them. If you need to reschedule one, reschedule it (don't delete it).

ASAP First Meeting: Your Real Estate Goals Ultimate Nomad Checklist Week 1 Week 10 Week 11 Week 12 Week 13 Week 14 Week 15 Week 16 Week 17 Week 18 Week 19 Week 2 Week 20 Week 21 Week 22 Week 23 Week 24 Week 25 Week 26 Week 27 Week 28 Week 29 Week 3 Week 30 Week 31 Week 32 Week 33 Week 34 Week 35 Week 36 Week 37 Week 38 Week 39 Week 4 Week 40 Week 41 Week 42 Week 43 Week 44 Week 45 Week 46 Week 47 Week 48 Week 49 Week 5 Week 50 Week 51 Week 52 Week 53 Week 54 Week 6 Week 7 Week 8 Week 9

Once you’ve gone over these, you can move on to discussing your Financing plan.

Professional Services Provided First Meeting Financing

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.

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