{"id":123,"date":"2023-10-20T22:17:26","date_gmt":"2023-10-20T22:17:26","guid":{"rendered":"https:\/\/ilotusrealty.com\/?page_id=123"},"modified":"2026-05-25T20:51:35","modified_gmt":"2026-05-25T20:51:35","slug":"buyers","status":"publish","type":"page","link":"https:\/\/ilotusrealty.com\/index.php\/buyers\/","title":{"rendered":"Buyers"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_custom_heading text=&#8221;Buyer&#8217;s Representation Services&#8221; font_container=&#8221;tag:h2|text_align:left|color:%231e73be&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_column_text]At iLotus Realty, we provide our buyer clients with comprehensive, professional representation throughout every stage of the home-buying process. The following outlines the full scope of services our Agents deliver to ensure a seamless and successful transaction.<\/p>\n<h3 style=\"color:#1e73be;\">Initial Buyer Consultation<\/h3>\n<ul>\n<li>Respond promptly to prospective buyer inquiries.<\/li>\n<li>Conduct an introductory interview to understand the buyer&#8217;s goals, gather essential personal information, and explain the home-buying process in detail.<\/li>\n<li>Verify that no conflicting brokerage relationships or other conflicts of interest exist.<\/li>\n<li>Review the mortgage pre-approval process and its importance.<\/li>\n<li>Recommend at least three reputable mortgage lenders to assist with pre-approval.<\/li>\n<li>Identify the buyer&#8217;s preferences, including location, price range, size, property type, special requirements, and ADA accommodations.<\/li>\n<\/ul>\n<h3 style=\"color:#1e73be;\">Pre-Contract Activities<\/h3>\n<ul>\n<li>Obtain and review the buyer&#8217;s pre-approval letter from the lender.<\/li>\n<li>Search the MLS for properties matching the buyer&#8217;s criteria.<\/li>\n<li>Schedule property showings with sellers or listing brokers.<\/li>\n<li>Accompany the buyer to view selected properties.<\/li>\n<\/ul>\n<h3 style=\"color:#1e73be;\">Offer and Contract Activities<\/h3>\n<ul>\n<li>Obtain a good-faith estimate from the buyer&#8217;s lender for the target purchase price and review it with the buyer.<\/li>\n<li>Review the offer, contract forms, addenda, and related documents with the buyer.<\/li>\n<li>Prepare the offer to purchase along with all required addenda.<\/li>\n<li>Provide the buyer with the seller&#8217;s disclosure forms.<\/li>\n<li>Submit the signed offer to the seller&#8217;s broker.<\/li>\n<li>Furnish credit report information to the seller in the case of seller financing.<\/li>\n<li>Provide the buyer with copies of all forms used in the offer.<\/li>\n<li>Negotiate all offers and counteroffers on the buyer&#8217;s behalf.<\/li>\n<li>Prepare and deliver counteroffers, acceptances, or amendments to the seller&#8217;s broker.<\/li>\n<li>Verify that the final contract is properly signed, initialed, and accompanied by all required documents.<\/li>\n<li>Deliver the fully executed contract to the buyer.<\/li>\n<li>Distribute signed contracts to all parties involved, including the buyer, seller, title company, lender, cooperating brokers, and closing agent.<\/li>\n<li>Record and promptly deposit earnest money into the appropriate escrow account or deliver it to the closing agent, obtaining a receipt.<\/li>\n<li>Provide the receipt of escrow deposit to the seller&#8217;s broker.<\/li>\n<li>File a copy of the signed contract in the office records.<\/li>\n<li>Notify the buyer of any additional offers received between the effective date and closing.<\/li>\n<li>Update the listing file to reflect &#8220;sale pending&#8221; status.<\/li>\n<\/ul>\n<h3 style=\"color:#1e73be;\">Home and Termite (WDO) Inspection<\/h3>\n<ul>\n<li>Provide the buyer with at least three home inspection and three WDO inspection company referrals.<\/li>\n<li>Coordinate professional home and WDO inspections with the seller&#8217;s broker.<\/li>\n<li>Review all inspection reports with the buyer.<\/li>\n<li>Document completed inspections in the listing file.<\/li>\n<li>Order additional inspections (septic, well, mold) when applicable.<\/li>\n<li>Review supplemental inspection reports with the buyer and assess their impact on the sale.<\/li>\n<li>Distribute copies of any septic, well, or mold reports to the lender and seller.<\/li>\n<li>Verify the seller&#8217;s compliance with all agreed-upon repair requirements.<\/li>\n<\/ul>\n<h3 style=\"color:#1e73be;\">Loan Process Tracking<\/h3>\n<ul>\n<li>Coordinate with the lender regarding discount points and lock-in dates.<\/li>\n<li>Confirm receipt of deposit and employment verifications.<\/li>\n<li>Contact the lender weekly to ensure loan processing remains on schedule.<\/li>\n<li>Follow the loan through underwriting.<\/li>\n<li>Communicate final loan approval to the seller.<\/li>\n<\/ul>\n<h3 style=\"color:#1e73be;\">Appraisal<\/h3>\n<ul>\n<li>Schedule the appraisal with the seller or seller&#8217;s broker.<\/li>\n<li>Advise the buyer of available options if the appraisal differs from the contract price.<\/li>\n<li>Provide comparable sales data to the appraiser as needed.<\/li>\n<li>Follow up until the appraisal is completed.<\/li>\n<li>Document appraisal completion in the listing file.<\/li>\n<\/ul>\n<h3 style=\"color:#1e73be;\">Closing Preparation<\/h3>\n<ul>\n<li>Coordinate the closing process with the seller&#8217;s broker, lender, and closing agent.<\/li>\n<li>Maintain and update all closing forms and files.<\/li>\n<li>Confirm that all parties have the necessary documentation to close.<\/li>\n<li>Assist with obtaining power of attorney or trust documentation when required.<\/li>\n<li>Work with the seller&#8217;s broker to schedule and conduct the buyer&#8217;s final walk-through.<\/li>\n<li>Confirm receipt of the title insurance commitment.<\/li>\n<li>Confirm the closing location, date, and time, and notify all parties.<\/li>\n<li>Verify with the closing agent that all tax, HOA, utility, and other prorations have been resolved.<\/li>\n<li>Request and review final closing figures from the closing agent.<\/li>\n<li>Review the HUD statement with the buyer to confirm all figures are accurate.<\/li>\n<li>Forward verified closing figures to the seller&#8217;s broker for confirmation.<\/li>\n<li>Verify that the homeowner&#8217;s warranty, if purchased, is provided at closing.<\/li>\n<li>Forward closing documents to absentee buyers when applicable.<\/li>\n<li>Deliver the earnest money deposit from escrow to the closing agent, ensuring it is properly reflected on the final HUD.<\/li>\n<li>Confirm the availability of collected funds for closing.<\/li>\n<li>Explain the homestead exemption filing process.<\/li>\n<li>Verify the transfer of all keys, garage-door openers, HOA and security access codes, pool equipment, and appliance manuals.<\/li>\n<li>Close out the listing file.<\/li>\n<\/ul>\n<h3 style=\"color:#1e73be;\">After-Closing Services<\/h3>\n<ul>\n<li>Assist with filing homeowner&#8217;s warranty claims upon request.<\/li>\n<li>Respond to follow-up inquiries and provide additional information from office files as needed.<\/li>\n<li>Follow up with the buyer to ensure continued satisfaction.<\/li>\n<\/ul>\n<h3 style=\"color:#1e73be;\">Additional Services<\/h3>\n<p>In addition to the services outlined above, today&#8217;s real estate market often calls for specialized expertise in short sales, foreclosures, and bank-owned properties. Our Agents are also experienced in property management for homeowners who require such services during the marketing process. Whether you are buying, selling, or seeking a property manager, we encourage you to speak with your Agent to discuss the additional services that will best help you achieve your goals.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=&#8221;For Residential Buyers:&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_single_image image=&#8221;196&#8243; img_size=&#8221;full&#8221;][vc_column_text]<\/p>\n<h4>To download your own MLS to you mobile device, please click on the MLS logo below.<\/h4>\n<p>[\/vc_column_text][vc_single_image image=&#8221;261&#8243; img_size=&#8221;large&#8221; add_caption=&#8221;yes&#8221; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; img_link_target=&#8221;_blank&#8221; link=&#8221;https:\/\/mls-client.com\/957C6C34&#8243;][vc_separator color=&#8221;sky&#8221;][vc_column_text]To connect with our residential agent, please fill out the form below.[\/vc_column_text]<style id=\"wpforms-css-vars-212\">\n\t\t\t\t#wpforms-212 {\n\t\t\t\t\n\t\t\t}\n\t\t\t<\/style><div class=\"wpforms-container wpforms-container-full wpforms-render-modern\" id=\"wpforms-212\"><form id=\"wpforms-form-212\" class=\"wpforms-validate wpforms-form wpforms-ajax-form\" data-formid=\"212\" method=\"post\" enctype=\"multipart\/form-data\" action=\"\/index.php\/wp-json\/wp\/v2\/pages\/123\" data-token=\"941fea92a52d44626de24e702555b2a4\" data-token-time=\"1781688310\"><div class=\"wpforms-head-container\"><div class=\"wpforms-title\">Residential Buyer Questionnaire<\/div><\/div><noscript class=\"wpforms-error-noscript\">Please enable JavaScript in your browser to complete this form.<\/noscript><div id=\"wpforms-error-noscript\" style=\"display: none;\">Please enable JavaScript in your browser to complete this form.<\/div><div class=\"wpforms-field-container\"><div id=\"wpforms-212-field_1-container\" class=\"wpforms-field wpforms-field-name\" data-field-id=\"1\"><fieldset><legend class=\"wpforms-field-label\">Name <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/legend><div class=\"wpforms-field-row wpforms-field-medium\"><div class=\"wpforms-field-row-block wpforms-first wpforms-one-half\"><input type=\"text\" id=\"wpforms-212-field_1\" class=\"wpforms-field-name-first wpforms-field-required\" name=\"wpforms[fields][1][first]\" aria-errormessage=\"wpforms-212-field_1-error\" required><label for=\"wpforms-212-field_1\" class=\"wpforms-field-sublabel after\">First<\/label><\/div><div class=\"wpforms-field-row-block wpforms-one-half\"><input type=\"text\" id=\"wpforms-212-field_1-last\" class=\"wpforms-field-name-last wpforms-field-required\" name=\"wpforms[fields][1][last]\" aria-errormessage=\"wpforms-212-field_1-last-error\" required><label for=\"wpforms-212-field_1-last\" class=\"wpforms-field-sublabel after\">Last<\/label><\/div><\/div><\/fieldset><\/div><div id=\"wpforms-212-field_2-container\" class=\"wpforms-field wpforms-field-email\" data-field-id=\"2\"><label class=\"wpforms-field-label\" for=\"wpforms-212-field_2\">Email <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"email\" id=\"wpforms-212-field_2\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][2]\" spellcheck=\"false\" aria-errormessage=\"wpforms-212-field_2-error\" required><\/div><div id=\"wpforms-212-field_3-container\" class=\"wpforms-field wpforms-field-number\" data-field-id=\"3\"><label class=\"wpforms-field-label\" for=\"wpforms-212-field_3\">Mobile Numbers <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"number\" id=\"wpforms-212-field_3\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][3]\" step=\"any\" aria-errormessage=\"wpforms-212-field_3-error\" required><\/div><div id=\"wpforms-212-field_4-container\" class=\"wpforms-field wpforms-field-text\" data-field-id=\"4\"><label class=\"wpforms-field-label\" for=\"wpforms-212-field_4\">Have you been Pre-Qualified?<\/label><input type=\"text\" id=\"wpforms-212-field_4\" class=\"wpforms-field-medium\" name=\"wpforms[fields][4]\" aria-errormessage=\"wpforms-212-field_4-error\" ><\/div><div id=\"wpforms-212-field_5-container\" class=\"wpforms-field wpforms-field-text\" data-field-id=\"5\"><label class=\"wpforms-field-label\" for=\"wpforms-212-field_5\">When are you looking to buy?<\/label><input type=\"text\" id=\"wpforms-212-field_5\" class=\"wpforms-field-medium\" name=\"wpforms[fields][5]\" aria-errormessage=\"wpforms-212-field_5-error\" ><\/div><\/div><!-- .wpforms-field-container --><div class=\"wpforms-recaptcha-container wpforms-is-recaptcha wpforms-is-recaptcha-type-v2\" ><div class=\"g-recaptcha\" data-sitekey=\"6Lc68rcoAAAAADDHJqRK9Ew6iIVSHMTyLXFMMayC\"><\/div><input type=\"text\" name=\"g-recaptcha-hidden\" class=\"wpforms-recaptcha-hidden\" style=\"position:absolute!important;clip:rect(0,0,0,0)!important;height:1px!important;width:1px!important;border:0!important;overflow:hidden!important;padding:0!important;margin:0!important;\" data-rule-recaptcha=\"1\"><\/div><div class=\"wpforms-submit-container\" ><input type=\"hidden\" name=\"wpforms[id]\" value=\"212\"><input type=\"hidden\" name=\"page_title\" value=\"\"><input type=\"hidden\" name=\"page_url\" value=\"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/pages\/123\"><input type=\"hidden\" name=\"url_referer\" value=\"\"><button type=\"submit\" name=\"wpforms[submit]\" id=\"wpforms-submit-212\" class=\"wpforms-submit\" data-alt-text=\"Sending...\" data-submit-text=\"Submit\" aria-live=\"assertive\" value=\"wpforms-submit\">Submit<\/button><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ilotusrealty.com\/wp-content\/plugins\/wpforms-lite\/assets\/images\/submit-spin.svg\" class=\"wpforms-submit-spinner\" style=\"display: none;\" width=\"26\" height=\"26\" alt=\"Loading\"><\/div><\/form><\/div>  <!-- .wpforms-container -->[\/vc_column][\/vc_row][vc_row][vc_column][vc_separator color=&#8221;sky&#8221; border_width=&#8221;8&#8243;][vc_custom_heading text=&#8221;For Commercial Buyers&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_single_image image=&#8221;197&#8243; img_size=&#8221;full&#8221;][vc_separator color=&#8221;sky&#8221; border_width=&#8221;2&#8243;][vc_column_text]To connect with our commercial agent, please please fill out the form below.[\/vc_column_text]<style id=\"wpforms-css-vars-218\">\n\t\t\t\t#wpforms-218 {\n\t\t\t\t\n\t\t\t}\n\t\t\t<\/style><div class=\"wpforms-container wpforms-container-full wpforms-render-modern\" id=\"wpforms-218\"><form id=\"wpforms-form-218\" class=\"wpforms-validate wpforms-form wpforms-ajax-form\" data-formid=\"218\" method=\"post\" enctype=\"multipart\/form-data\" action=\"\/index.php\/wp-json\/wp\/v2\/pages\/123\" data-token=\"04e47a6be0df27400ea1609b1333ab77\" data-token-time=\"1781688310\"><div class=\"wpforms-head-container\"><div class=\"wpforms-title\">Commercial Buyer Questionnaire<\/div><\/div><noscript class=\"wpforms-error-noscript\">Please enable JavaScript in your browser to complete this form.<\/noscript><div id=\"wpforms-error-noscript\" style=\"display: none;\">Please enable JavaScript in your browser to complete this form.<\/div><div class=\"wpforms-field-container\"><div id=\"wpforms-218-field_1-container\" class=\"wpforms-field wpforms-field-name\" data-field-id=\"1\"><fieldset><legend class=\"wpforms-field-label\">Name <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/legend><div class=\"wpforms-field-row wpforms-field-medium\"><div class=\"wpforms-field-row-block wpforms-first wpforms-one-half\"><input type=\"text\" id=\"wpforms-218-field_1\" class=\"wpforms-field-name-first wpforms-field-required\" name=\"wpforms[fields][1][first]\" aria-errormessage=\"wpforms-218-field_1-error\" required><label for=\"wpforms-218-field_1\" class=\"wpforms-field-sublabel after\">First<\/label><\/div><div class=\"wpforms-field-row-block wpforms-one-half\"><input type=\"text\" id=\"wpforms-218-field_1-last\" class=\"wpforms-field-name-last wpforms-field-required\" name=\"wpforms[fields][1][last]\" aria-errormessage=\"wpforms-218-field_1-last-error\" required><label for=\"wpforms-218-field_1-last\" class=\"wpforms-field-sublabel after\">Last<\/label><\/div><\/div><\/fieldset><\/div><div id=\"wpforms-218-field_2-container\" class=\"wpforms-field wpforms-field-email\" data-field-id=\"2\"><label class=\"wpforms-field-label\" for=\"wpforms-218-field_2\">Email <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"email\" id=\"wpforms-218-field_2\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][2]\" spellcheck=\"false\" aria-errormessage=\"wpforms-218-field_2-error\" required><\/div><div id=\"wpforms-218-field_3-container\" class=\"wpforms-field wpforms-field-number\" data-field-id=\"3\"><label class=\"wpforms-field-label\" for=\"wpforms-218-field_3\">Mobile Numbers <span class=\"wpforms-required-label\" aria-hidden=\"true\">*<\/span><\/label><input type=\"number\" id=\"wpforms-218-field_3\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][3]\" step=\"any\" aria-errormessage=\"wpforms-218-field_3-error\" required><\/div><div id=\"wpforms-218-field_4-container\" class=\"wpforms-field wpforms-field-text\" data-field-id=\"4\"><label class=\"wpforms-field-label\" for=\"wpforms-218-field_4\">What type of property are you looking for (vacant land, existing building for retail, industrial, or others)?<\/label><input type=\"text\" id=\"wpforms-218-field_4\" class=\"wpforms-field-medium\" name=\"wpforms[fields][4]\" aria-errormessage=\"wpforms-218-field_4-error\" ><\/div><div id=\"wpforms-218-field_5-container\" class=\"wpforms-field wpforms-field-text\" data-field-id=\"5\"><label class=\"wpforms-field-label\" for=\"wpforms-218-field_5\">When are you looking to buy?<\/label><input type=\"text\" id=\"wpforms-218-field_5\" class=\"wpforms-field-medium\" name=\"wpforms[fields][5]\" aria-errormessage=\"wpforms-218-field_5-error\" ><\/div><\/div><!-- .wpforms-field-container --><div class=\"wpforms-recaptcha-container wpforms-is-recaptcha wpforms-is-recaptcha-type-v2\" ><div class=\"g-recaptcha\" data-sitekey=\"6Lc68rcoAAAAADDHJqRK9Ew6iIVSHMTyLXFMMayC\"><\/div><input type=\"text\" name=\"g-recaptcha-hidden\" class=\"wpforms-recaptcha-hidden\" style=\"position:absolute!important;clip:rect(0,0,0,0)!important;height:1px!important;width:1px!important;border:0!important;overflow:hidden!important;padding:0!important;margin:0!important;\" data-rule-recaptcha=\"1\"><\/div><div class=\"wpforms-submit-container\" ><input type=\"hidden\" name=\"wpforms[id]\" value=\"218\"><input type=\"hidden\" name=\"page_title\" value=\"\"><input type=\"hidden\" name=\"page_url\" value=\"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/pages\/123\"><input type=\"hidden\" name=\"url_referer\" value=\"\"><button type=\"submit\" name=\"wpforms[submit]\" id=\"wpforms-submit-218\" class=\"wpforms-submit\" data-alt-text=\"Sending...\" data-submit-text=\"Submit\" aria-live=\"assertive\" value=\"wpforms-submit\">Submit<\/button><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ilotusrealty.com\/wp-content\/plugins\/wpforms-lite\/assets\/images\/submit-spin.svg\" class=\"wpforms-submit-spinner\" style=\"display: none;\" width=\"26\" height=\"26\" alt=\"Loading\"><\/div><\/form><\/div>  <!-- .wpforms-container -->[\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_custom_heading text=&#8221;Buyer&#8217;s Representation Services&#8221; font_container=&#8221;tag:h2|text_align:left|color:%231e73be&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_column_text]At iLotus Realty, we provide our buyer clients with comprehensive, professional representation throughout every stage of the home-buying process. The following outlines the full scope of services our Agents deliver to ensure a seamless and successful transaction. Initial Buyer Consultation Respond promptly to prospective buyer inquiries. Conduct an introductory interview [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-123","page","type-page","status-publish","hentry","clearfix"],"_links":{"self":[{"href":"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/pages\/123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/comments?post=123"}],"version-history":[{"count":40,"href":"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/pages\/123\/revisions"}],"predecessor-version":[{"id":4574,"href":"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/pages\/123\/revisions\/4574"}],"wp:attachment":[{"href":"https:\/\/ilotusrealty.com\/index.php\/wp-json\/wp\/v2\/media?parent=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}