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Dave Twombly

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The post Episode 11: Advice &amp; Tips from Dave Twombly with 4 Buyers Real Estate LLC appeared first on NAEBA.

The post <a href="https://naeba.org/episode-11-advice-tips-from-dave-twombly-with-4-buyers-real-estate-llc/" rel="nofollow" target="_blank">Episode 11: Advice &amp; Tips from Dave Twombly with 4 Buyers Real Estate LLC</a> appeared first on <a href="https://naeba.org" rel="nofollow" target="_blank">NAEBA</a>.

Episode 11: Advice & Tips from Dave Twombly with 4 Buyers Real Estate LLC

Host Victoria Ray Henderson Vice President &amp; Associate Broker with Buyer's Edge talks with exclusive buyer agent Dave Twombly with https://4buyersre.com/ about helping home buyers during the pandemic. 2:00 What was it like to have a settlement at the beginning of the pandemic?2:30 4 Buyers Real Estate LLC requires home buyers to have a home inspection.2:45 The home inspection process during the pandemic3:10 In Massachusetts, the fire department verifies smoke detectors in homes to be in working order and certified before the settlement.3:45 In Massachusetts, smoke certification is needed to have a closing/settlement. Typically this is the responsibility of the seller/listing agent. 4:30 During the pandemic, it is the responsibility of the home buyer to have their new home certified by the fire department within 90 days of when the stay at home order is lifted.5:45 Areas served by 4 Buyers Real Estate LLC in Massachusetts6:20 Areas served by Buyers Edge where Victoria Ray Henderson helps home buyers (DC, Northern Virginia and Maryland)7:00 4 Buyers Real Estate LLC home buying process7:30 The first conversation to have if you want to buy a home.8:30 What home maintenance costs you should expect down the road9:00 Boston is one of the most expensive real estate markets in the world9:45 A pre-contract home inspection is a limited inspection and is done when a buyer wants to remove the home inspection contingency from the offer. 10:00 Dave Twombly's story of a pre-contract home inspection and the buyers experience. 13:00 In Massachusetts, the earnest money deposit's otherwise known as the EMD check is held by the listing brokerage14:30 In the Greater Washington DC, Baltimore, Annapolis area the emd is not typically held by the listing brokerage15:30 The advantage of having a higher priced emd check in a transaction16:00 Are we moving toward a buyers market?17:50 How will the Covid-19 coronavirus pandemic change the real estate market?

<a href="https://www.homesbuyhendersons.com/" rel="nofollow" target="_blank">Host Victoria Ray Henderson</a> Vice President &amp; Associate Broker with <a href="buyersagent.com" rel="nofollow" target="_blank">Buyer's Edge</a> talks with <a href="naeba.org" rel="nofollow" target="_blank">exclusive buyer agent</a> Dave Twombly with <a href="https://4buyersre.com/" rel="nofollow" target="_blank">https://4buyersre.com/</a> about helping home buyers during the pandemic. 2:00 What was it like to have a settlement at the beginning of the pandemic?2:30 4 Buyers Real Estate LLC requires home buyers to have a home inspection.2:45 The home inspection process during the pandemic3:10 In Massachusetts, the fire department verifies smoke detectors in homes to be in working order and certified before the settlement.3:45 In Massachusetts, smoke certification is needed to have a closing/settlement. Typically this is the responsibility of the seller/listing agent. 4:30 During the pandemic, it is the responsibility of the home buyer to have their new home certified by the fire department within 90 days of when the stay at home order is lifted.5:45 Areas served by 4 Buyers Real Estate LLC in Massachusetts6:20 Areas served by Buyers Edge where Victoria Ray Henderson helps home buyers (DC, Northern Virginia and Maryland)7:00 4 Buyers Real Estate LLC home buying process7:30 The first conversation to have if you want to buy a home.8:30 What home maintenance costs you should expect down the road9:00 Boston is one of the most expensive real estate markets in the world9:45 A pre-contract home inspection is a limited inspection and is done when a buyer wants to remove the home inspection contingency from the offer. 10:00 Dave Twombly's story of a pre-contract home inspection and the buyers experience. 13:00 In Massachusetts, the earnest money deposit's otherwise known as the EMD check is held by the listing brokerage14:30 In the Greater Washington DC, Baltimore, Annapolis area the emd is not typically held by the listing brokerage15:30 The advantage of having a higher priced emd check in a transaction16:00 Are we moving toward a buyers market?17:50 How will the Covid-19 coronavirus pandemic change the real estate market?

Listen Up Home Buyers Advice & Tips from Dave Twombly with 4 Buyers Real Estate LLC

Jonathan’s brother, Dave Twombly, is an exclusive buyer’s agent in Boston, Massachusetts. He works in residential real estate, and he chooses to only represent buyers. Dave shares how he got into real estate and why he willingly gave up half of the business of real estate to represent only buyers. In this episode, you will hear Dave share why you may want an exclusive buyer’s agent to represent you in the buying process and if you’re new to real estate, why you may want to focus on the buyer’s side. Listen along - this is an episode you won’t want to miss! Why use an exclusive buyer’s agent? In the past, realtors did not have to tell clients who they represented or what side of a deal they were on. When buyers looked for properties, realtors took them immediately to their own listings or listings of colleagues. Because of this, buyers were not getting fair representation. Exclusive buyer’s agents represent only buyers and not sellers, so they are purely dedicated to the buyer. There is never an instance where the agent could be representing the buyer and the seller. It gives the buyer an advisor who thinks only of his needs. The key to getting referrals All realtors rely heavily on referrals. In this episode, Dave shares several things that help him get good referrals from clients.  He focuses heavily on customer service. He always responds to potential clients and existing clients quickly. In a real estate world where the more clients the better, Dave chooses to only take on a handful of clients at a time. This gives him the chance to walk every property with a customer, explain the process of home buying, and cater to their individual needs.  Hear Dave talk more on the importance of referrals and how he went from 0% to 80% of his clientele being from a referral from a previous client. The process of working with Dave as an exclusive buyer’s agent When Dave works with buyers, he has an initial conversation either face-to-face or on the phone to get general information. He wants to learn the buying situation: price range, timetable, what size of home his client is looking for. He then spends time explaining how he operates. Before signing a contract, he will take potential clients out to look at properties. Dave says it is important to know if he and a potential client will work well together. He is looking for a client that he clicks with, as well as someone who will listen to his advice. If these things all check out, Dave will then sign a contract with a client. Be sure to listen in to hear more on his process of representing buyers. Short-term greed vs long-term greed in real estate Patience is a virtue for an exclusive buyer’s agent. He says that it is more beneficial to take a year for a client to find the right property than to find something that isn’t perfect quickly. Dave notes that by taking time to find the best thing for the client, he is creating a happy client. Happy clients give good referrals. Even though selling a home in a shorter period of time produces money quicker, it does not all always create a good process and happy clients. Dave chooses to look in the long term, so he creates clients for life and referrals. In This Episode Dave Twombly says...  [2:06] Who he is, and what an exclusive buyer’s agent does [5:12] How he built his business [8:04] How he reached a turning point in his career [9:29] The key to getting referrals [11:32] The process to working with Dave [14:19] Why you should work with an exclusive buyer’s agent [19:00] How working with Dave affects a buyer’s comission [24:47] Short term green vs long term greed in real estate [31:14] Current housing market in Boston, Massachusetts  Resources Mentioned In The Episode  Multifamily Launchpad Membership Community - Join the waitlist for 1 of 100 discounted charter memberships available January of 2019 Bellwether Enterprise (sponsor) - contact Will Oldham will@bwecap.com  Connect with Dave Twombly  www.4BuyersRE.com Dave (at) 4BuyersRE.com Dave on Zillow  Connect With Jonathan and Real Estate Launchpad  To invest with me go to www.TwoBridgesMgmt.com/investors To learn from me go to www.MultifamilyLaunchpad.com Join my free Facebook community  Subscribe to REAL ESTATE LAUNCHPAD onApple Podcasts|| Google Podcasts|| Android|| SpotifyStitcher|| TuneIn Radio|| Google Play Music

Jonathan’s brother, Dave Twombly, is an exclusive buyer’s agent in Boston, Massachusetts. He works in residential real estate, and he chooses to only represent buyers. Dave shares how he got into real estate and why he willingly gave up half of the business of real estate to represent only buyers. In this episode, you will hear Dave share why you may want an exclusive buyer’s agent to represent you in the buying process and if you’re new to real estate, why you may want to focus on the buyer’s side. Listen along - this is an episode you won’t want to miss! Why use an exclusive buyer’s agent? In the past, realtors did not have to tell clients who they represented or what side of a deal they were on. When buyers looked for properties, realtors took them immediately to their own listings or listings of colleagues. Because of this, buyers were not getting fair representation. Exclusive buyer’s agents represent only buyers and not sellers, so they are purely dedicated to the buyer. There is never an instance where the agent could be representing the buyer and the seller. It gives the buyer an advisor who thinks only of his needs. The key to getting referrals All realtors rely heavily on referrals. In this episode, Dave shares several things that help him get good referrals from clients. <ul> <li>He focuses heavily on customer service.</li> <li>He always responds to potential clients and existing clients quickly.</li> <li>In a real estate world where the more clients the better, Dave chooses to only take on a handful of clients at a time. This gives him the chance to walk every property with a customer, explain the process of home buying, and cater to their individual needs.</li> </ul> Hear Dave talk more on the importance of referrals and how he went from 0% to 80% of his clientele being from a referral from a previous client. The process of working with Dave as an exclusive buyer’s agent When Dave works with buyers, he has an initial conversation either face-to-face or on the phone to get general information. He wants to learn the buying situation: price range, timetable, what size of home his client is looking for. He then spends time explaining how he operates. Before signing a contract, he will take potential clients out to look at properties. Dave says it is important to know if he and a potential client will work well together. He is looking for a client that he clicks with, as well as someone who will listen to his advice. If these things all check out, Dave will then sign a contract with a client. Be sure to listen in to hear more on his process of representing buyers. Short-term greed vs long-term greed in real estate Patience is a virtue for an exclusive buyer’s agent. He says that it is more beneficial to take a year for a client to find the right property than to find something that isn’t perfect quickly. Dave notes that by taking time to find the best thing for the client, he is creating a happy client. Happy clients give good referrals. Even though selling a home in a shorter period of time produces money quicker, it does not all always create a good process and happy clients. Dave chooses to look in the long term, so he creates clients for life and referrals. In This Episode Dave Twombly says... <ul> <li>[2:06] Who he is, and what an exclusive buyer’s agent does</li> <li>[5:12] How he built his business</li> <li>[8:04] How he reached a turning point in his career</li> <li>[9:29] The key to getting referrals</li> <li>[11:32] The process to working with Dave</li> <li>[14:19] Why you should work with an exclusive buyer’s agent</li> <li>[19:00] How working with Dave affects a buyer’s comission</li> <li>[24:47] Short term green vs long term greed in real estate</li> <li>[31:14] Current housing market in Boston, Massachusetts</li> </ul> Resources Mentioned In The Episode <ul> <li><a href="https://www.mflwaitlist.com/" rel="noopener nofollow" target="_blank">Multifamily Launchpad Membership Community</a> - Join the waitlist for 1 of 100 discounted charter memberships available January of 2019</li> <li><a href="https://www.bellwetherenterprise.com/" rel="noopener nofollow" target="_blank">Bellwether Enterprise</a> (sponsor) - contact Will Oldham will@bwecap.com</li> </ul> Connect with Dave Twombly <ul> <li><a href="https://4buyersre.com/" rel="noopener nofollow" target="_blank">www.4BuyersRE.com</a></li> <li>Dave (at) <a href="http://4BuyersRE.com" rel="nofollow" target="_blank">4BuyersRE.com</a></li> <li><a href="https://www.zillow.com/profile/DTwoms/" rel="noopener nofollow" target="_blank">Dave on Zillow</a></li> </ul> Connect With Jonathan and Real Estate Launchpad <ul> <li>To invest with me go to <a href="http://www.twobridgesmgmt.com/investors" rel="noopener nofollow" target="_blank">www.TwoBridgesMgmt.com/investors</a></li> <li>To learn from me go to <a href="http://www.multifamilylaunchpad.com/" rel="noopener nofollow" target="_blank">www.MultifamilyLaunchpad.com</a></li> <li>Join my free <a href="https://www.facebook.com/groups/MultifamilyInvestmentCommunity/" rel="noopener nofollow" target="_blank">Facebook community</a></li> </ul> Subscribe to REAL ESTATE LAUNCHPAD on<a href="https://itunes.apple.com/us/podcast/realestatelaunchpads-podcast/id1417589201?mt=2" rel="noopener nofollow" target="_blank">Apple Podcasts</a>|| <a href="https://www.google.com/podcasts?feed=aHR0cDovL3JlYWxlc3RhdGVsYXVuY2hwYWQubGlic3luLmNvbS9yc3M%3D" rel="noopener nofollow" target="_blank">Google Podcasts</a>|| <a href="http://subscribeonandroid.com/realestatelaunchpad.libsyn.com/rss" rel="noopener nofollow" target="_blank">Android</a>|| <a href="https://open.spotify.com/show/02h6Agsq0UeihwF1ZpmVl3?si=aQN_gGHbShWLY0KXu3pUmg" rel="noopener nofollow" target="_blank">Spotify</a><a href="http://bit.ly/RELStitcher" rel="noopener nofollow" target="_blank">Stitcher</a>|| <a href="https://tunein.com/podcasts/Real-Estate/Real-Estate-Launchpad-p1147357/" rel="noopener nofollow" target="_blank">TuneIn Radio</a>|| <a href="https://play.google.com/music/listen#/ps/I5zhnt5cyvo7qal3ybnnfpnirf4" rel="noopener nofollow" target="_blank">Google Play Music</a>

The Benefits of Being Represented by An Exclusive Buyer’s Agent, with Dave Twombly, Ep #23