First time buyer in OP

In today’s podcast, we talk about how to run an effective open house. You definitely need an open house sign in sheet, and you should follow an open house checklist to maintain consistent quality. 

We also provide tips and tricks for first time home buyers in Overland Park ks, as well as discussing open houses and HOAs. We also get into the experience from the real estate agent perspective. If so, you may be wondering where to start. This podcast episode will help guide you through the process of buying your first home. We'll provide some tips and tricks to make the process as smooth as possible. So whether you're just starting out or looking to upgrade your current property make sure listen! You will also hear a discussion about open houses and HOAs.

Buying a home for the first time can be as exciting as it is confusing. On our recent podcast episode, I sat down with Joe Stevenson (REALTOR®) to discuss the ins and outs of first-time home buying in Overland Park, Kansas.

As always, he provides his helpful advice, real-world insights, and even a few laughs along the way. Here's a recap of the major takeaways, sprinkled with Joe’s expertise and genuine passion for helping buyers achieve their dreams.

 

Johnson County Home Value Growth Over 10 Years

 

Today's Free Resource for Real estate Agents

Free Home Buying Spreadsheet

  Know the Mindset of First-Time Buyers

According to Joe, many first-time home buyers are motivated by a desire to stop renting and start building equity in their own property. While a significant percentage of buyers are young professionals, often college graduates, Joe emphasizes that homeownership isn’t limited by education. The key ingredients? Financial stability, steady income, and savings.

Joe also notes that first-time buyers often come into the process with a mix of excitement and nerves. That’s completely normal, and Joe’s role is to help guide them with clarity and empathy.

The All-Important First Step

Before falling in love with your dream home, Joe strongly advises meeting with a lender first. This essential step includes assessing your financial picture, focusing on critical factors like your debt-to-income ratio, credit score, and proof of income over the past two years. Pre-approval will help set your budget and allow you to focus on homes you’re realistically able to purchase.

Joe knows how exciting it is to begin the search, but he reminds buyers that patience and financial preparedness will make the process smoother in the long run.

Challenges in Today’s Market

The housing market in Overland Park is hot right now. With high prices and limited inventory, buyers need to be ready to act fast and get competitive, often bidding above the asking price.

(Please note, this episode was recorded in 2022)

Joe emphasizes the importance of being strategic. For example, if your budget is $225,000, you may need to focus on homes listed closer to $175,000 to leave room for bidding wars. Buyers should also understand that the process might take a bit longer, as it’s common to make offers on multiple homes before successfully landing one.

Joe’s calming advice? Stay optimistic, patient, and persistent. The right home is out there—you just might need to jump a few hurdles to get there.

 

  Personalized Guidance Through the Bu