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Summary: Don’t Buy a Home Without Reading
The 84 Page Book
"Smart Home Buying Made Simple"
An Insider's Guide to Avoiding Costly Mistakes When Buying a Home
By: Nationally Known, Home Buying Expert - Tom Wemett
Home buyers routinely make very costly mistakes when buying a home. Home buying is a complex and time
consuming process that can easily overwhelm you and lead to
frustration or worse, a financial disaster. There is a way to
tackle this process and simplify it. That is what this book is
all about - Smart Home Buying Made Simple.
Perhaps you have heard the expression, “How do you eat an
elephant?” The answer is, “One bite at a time”. So it is with buying a home. If you concentrate on the whole I guarantee you will be overwhelmed at every turn. However, if you break
the process down into sections (bites, if you will) you can focus on each succeeding step without the feeling of
hopelessness or helplessness.
The material in this book is organized “in bites”. It is
presented in small pieces and organized in logical sequential steps. I have over 30 years of real estate experience including brokerage, property management, property investment and
renovation. I’ve been teaching smart home buying seminars for many years, refining and updating the material constantly. This book is the culmination of that experience, of hands on helping home buyers buy and of teaching the techniques that have saved home buyers thousands of dollars.
This book is a must read for anyone buying a home. Whether this is your first home or your fifth home, this book will help you avoid costly mistakes and save you money and
aggravation in the process. |
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Author biography: Tom Wemett became a NY State licensed
real estate broker in 1973 after spending several years engaged in real estate management and investment. Tom served as the Secretary/Treasurer of a family owned Shell Oil gas and fuel oil
distributorship. His real estate experience for the family business included real estate maintenance and management. When the family business was sold in 1970 he continued his real estate career as a negotiator for a real estate investor, putting together
real estate investment deals in 15 states totaling approximately $22 Million. From 1975 to 1980 Tom was employed with the Connecticut Mutual Life Insurance Company as a financial
planner and sales supervisor. In 1980 Tom re-entered the real estate field with his own property management company.
Over the years, Tom has been employed with other real estate firms as well as owned and operated his own. He opened a Help-U-Sell franchise in 1988 focused on serving the needs of home sellers. However, his desire was to find a way to help home buyers rather than home sellers. In 1978, the FTC, the Federal
Trade Commission, conducted a survey of home sellers and home buyers. The results, published in 1982 showed much confusion in the real estate industry. 75% or so of buyers thought the agent
they were working with “represented” them. That was not the case in the 1970’s and early 1980’s. True buyer representation hadn’t come on the scene yet. There were some isolated examples
of brokers who represented buyers only, but they were rare and perhaps only a dozen or so at the time. So, although home buyers thought they had representation, they didn’t. To underscore the confusing situation, another startling statistic emerged from the survey. Nearly the same percentage of home sellers also thought
the agent was representing the buyer.
Tom decided that representing buyers only was the way to go and formed his own “exclusive buyer agency” in 1992. Tom is a founding member of NAEBA, the National Association of Exclusive Buyer Agents and served as their President in 2003. Tom quickly became a well known national authority with regard to the representation of home buyers and continues to be involved with the exclusive buyer agency movement on a local and national basis.
Tom has earned the following designations:
•CEBA (Certified Exclusive Buyer Agent) through NAEBA (the National Association of Exclusive Buyer Agents).
•CBA (Certified Buyer Agent) through the Buyer Broker Institute.
•ABR (Accredited Buyer Representative) through REBAC (the Real Estate Buyer Agency Council).
•ABRM (Accredited Buyer Representative Manager) through REBAC (the Real Estate Buyer Agency Council).
•CBR (Certified Buyer Representative) through the Real Estate Training Institute.
•CRS (Certified Residential Specialist) through the National Association of Realtors.
•GRI (Graduate Realtor Institute) through the National Association of Realtors.
•CSP (Certified New Home Sales Professional) through the National Association of Home Builders.
•CHEC (Certified Homeowner Educator and Counselor) through the American Homeowner Education and Counseling
Institute. |
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