Thanks to first-time home buyers and newlyweds Tom and Jennifer for leaving us a five star Yelp review! We wanted to learn more about their experience buying a home with us.
Tom & Jennifer’s Story
We weren’t planning on becoming homeowners so soon after we started searching in March 2009. Our wedding was set for late June and we hoped to buy a home after our honeymoon–closing before our lease ends in August. But, the right home came along a bit sooner than we expected. We ended up signing the purchase and sale agreement two days before our wedding, and closed the week after our honeymoon.
We heard about Redfin through a co-worker who had used the site to search for homes. We loved the map based search where we could drill down to figure out how close homes are to the train station. The site also made it easy for us to keep track of new listings coming on the market. After checking out a few open houses on our own, we toured around 8 – 10 homes with a couple of Redfin field agents. The Boston market is hot and we knew we needed to act quickly when a home came on the market priced well within our range.
Explain Your Reasons For Offering Below List Price
The home needed a new roof, along with some other repairs, and we knew the sellers wouldn’t pay for them. We were ready to foot the bill ourselves, but only if we could shave off $10,000 from the list price. So, we discussed pricing with our Redfin Lead Agent, Adam Welling, and decided to come in $20,000 below, expecting that the sellers would counter at $10,000 below list price. Well, the seller turned out to be a commercial real estate listing agent. Residential real estate is lot different in terms of negotiating a discount off list price, and the sellers came right back with list since that’s the norm in commercial real estate. Adam did a great job of explaining our reasoning for the lower price, and the sellers ended up right where we wanted at $10,000 below.
Overall, we loved Redfin’s service and Adam communicated with us every step of the way. It’s probably not a great idea to get married and buy a house at the same time, but for us it turned out well. We would recommend Adam and the Redfin team to anyone who is looking to purchase a home.