Enlisting the help of a broker can be one way to ensure your finances are ready and help release some pressure in the process. To help find the most suitable broker suited to your needs, we have listed a few tips on what to look for when trying to find a broker
1.Do your research
With so many Brokers in the market, it can be hard to find one that you really trust and will understand your goals. Start by talking to friends and family to see if they have any recommendations, look in your local area as they will be immersed in the community you are either looking to sell or buy in. Lastly, ensure they are licensed and working within a reputable organisation, this could potentially save you some troubles down the track.
2.Have an open conversation
Like all good relationships, a conversation needs to be had from the start so you can set your expectations and goals. If your broker does not know your end goal it can be hard for them to make your goal become a reality. You also need to be open with all finances so they can create a realistic budget and give you the best chance of been approved for a loan.
3.Are they saving you time
Don’t forget you are enlisting the help of a broker to save you time and make the whole process a seamless transaction. They should be taking care of each step along the finance process and guide you through the whole process, you don’t want to have to continue to chase them up for information.
You and your broker should be partners in the process with them going above and beyond to help you achieve your dream home.
Disclaimer: This advice is general in nature. Clients seeking financial advice needs to refer to a qualified financial professional.