First-Time Home Buying and Approaching the Real Estate Market w/ Huy and Lian
On this episode of Spill the Tea,
we sit down with Huy Nguyen and Lian Chavada, two experts in the world of real estate, to learn about their journey in the industry and gain valuable insights into the home-buying process.In this episode, Huy and Lian share their knowledge and experience with listeners, providing practical tips and advice for first-time homebuyers and those looking to get into real estate. From navigating the current market conditions to finding the right property, they offer valuable insights and strategies to help listeners achieve their real estate goals. Huy and Lian also delve into the personal side of their partnership, discussing how they are able to work together effectively to provide the best possible service to their clients. Through candid conversations and personal anecdotes, they offer a behind-the-scenes look at what it takes to be a successful real estate team.Whether you're interested in learning the ropes of real estate or a first-time homebuyer, tune in to gain valuable insights and learn from the experts in the field.
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Teamwork Makes the Dream Work
Huy and Lian sit down with us to share how they have been able to combine their expertise in realty to provide an efficient workflow that is beneficial to both their efforts and to the clients they work with. Both Huy and Lian believe that the first step in their business is to value a sense of community, and prioritize the needs and values of their clients in order to make the home buying process as seamless as possible. In order to work effectively, they both acknowledge that an important part of their partnership is to know each other’s work ethic, and building trust in one another in order to communicate. When it comes down to the home buying experience, creating effective plans when encountering challenges is extremely important, and knowing that success is not always a linear process. As Ralph notes during the conversation, progress is always more important than perfection!
Approaching the Home Buying Process
Both Huy and Lian know how intimidating it can be to approach buying a home for the first time, and have been able to develop monthly workshops in order to educate those who may not know anything about real estate. It can definitely be an emotional process, and Huy and Lian strive to make the steps to homeownership as accessible as possible. As we dive deeper into their tips and tricks to home buying success, here are a few of our favorites that will definitely help any experienced or new buyer:
Don’t focus on the house, focus on a comfortable monthly payment
Prioritize room for other expenses – work life balance is important!
Ask yourself WHY you’re buying a home – what does your lifestyle require?
Don’t let interest rates deter you! There are options to dealing with a higher rate that are more approachable than you may think.
There will be sacrifices when finding the perfect home for you, so be realistic about what is best suited for your lifestyle AND wallet.
Your first home may not always check every box on your list, but there are affordable steps you can take to make your home comfortable and reflect your needs!
Take a chance on unlikely options – you’ll never know what you’ll end up loving!
Tour multiple properties to figure out what you like and dislike
Be truthful to yourself and only buy when you feel ready!
Don’t let the media fool you into thinking homebuying is out of your reach! There are always options and exceptions that you can find to fit in with your goals
Tips to Getting Started in Real Estate
As Huy and Lian have found their footing in the real estate industry, they both share their best advice to those who may be interested in becoming a real estate agent or loan officer themselves. One of the most important tips is to network, network, network! Building connections with your community is vital to your success in real estate, and your credibility will increase once you are able to develop personal relationships that build trust in your ability. Having the right mindset is also key to achieving your goals, and making sure to keep yourself accountable and on a schedule is important to staying on track. As Huy shares with us, “Get comfortable with being uncomfortable!” No journey to success would be complete without failures, but it’s all about how we learn and grow from these bumps in the road that determine our progress as both an agent and an individual.
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