Financing Your Mortgage
Second Home Mortgage
Teamwork: Why a First-Time Homebuyer Needs a Mortgage Broker and Realtor Who Can Work Together
Roger Odoardi
When looking for that inaugural home-buying opportunity, one of the best tips for first-time homebuyers we can give is to assemble a team of professionals who’s sole mission is to find the perfect home under the perfect conditions. Whether it’s selecting a mortgage broker who can handle all of the intricacies of buying a home or choosing a realtor who knows the ins and outs of the local real estate market, it’s vitally important to build a roster filled with talented individuals.
But before you go assembling this first-time home buying squad, be sure that all members of your team are capable of working together throughout the long and sometimes arduous home-buying process. There may be nothing worse than getting into the weeds of buying a home and realizing that your mortgage broker and real estate agent aren’t on the same page and are incapable of working together on your behalf.
Perhaps the most important reason a first-time homebuyer needs a mortgage broker and real estate agent who can work together is:
Having a mortgage broker and real estate agent who are familiar with one another and are capable of communicating across all channels is hugely important. A recent first-time homebuyer who used Blue Water Mortgage told us she could rest easy at night knowing that her broker could easily pick up the phone and call the real estate agent for any issues, questions, or brainstorm sessions. And because things in the home buying business can change so rapidly, it’s good to have a broker and real estate agent who are comfortable touching base — no matter what time of day or night.
It’s also important for your mortgage broker and real estate agent to have:
A broker and agent who have experience working together in the past may have developed the perfect type of synergy that ends up making the first-time home buying process that much more comfortable. While buying a home is and should be all business, having members of your team who can make light of certain situations and can get you to crack a smile can go a long way — especially during the most stressful times of the first-time home buying process.
We can’t stress enough how critical it is for a mortgage broker and real estate agent to work together throughout the home-buying process. We can think of many scenarios when a broker may need to get in touch with a real estate agent, such as making sure there was follow through on certain stipulations agreed upon in the purchase and sales agreement or scheduling an appropriate date and time for a closing.
With over 150 years of collective mortgage experience at Blue Water Mortgage, we have learned the key to mastering the first-time home buying process is to develop not only a good working relationship with our clients, but also with listing agents and buying agents. Because, let’s face it, without all members of the team on the same page, a first-time homebuyer can and will feel lost and disenfranchised.
To learn more about why a broker from a mid-sized mortgage company like Blue Water Mortgage may be a good fit for your first-time home buying team, check out our recent blog post: Why a Mid-Sized Mortgage Broker May be a Better Fit for You. Also, feel free to contact us with any questions you may have about the home-buying process — no matter if you’re a first-time homebuyer or you’re shopping for a second mortgage.
Roger is an owner and licensed Loan Officer at Blue Water Mortgage. He graduated from the University of New Hampshire’s Whittemore School of Business and has been a leader in the mortgage industry for over 20 years. Roger has personally originated over 2500 residential loans and is considered to be in the top 1% of NH Loan Officers by leading national lender United Wholesale Mortgage.