When you start looking at homes, itās easy to feel like youāre ājust browsing.ā Youāre getting a sense of whatās out there, what your budget can buy, and which neighbourhoods feel right. But as real estate coach Braden Wheatcroft points out in a recent video, most buyers think theyāre in the early stages of the process ā when in reality, they might be much closer to buying than they realize.
Youāre Further Along Than You Think
If youāre spending weekends touring open houses, scrolling listings daily, or messaging a realtor to see ājust oneā property, youāre already emotionally invested. Youāve entered whatās called the research phase ā but this stage often moves quickly into decision-making.
Thatās why being prepared to act matters. The right property can appear at any time, and in a competitive market, hesitation can mean losing it.
What Being Prepared Really Means
1. Have your financing in place.
Getting pre-approved is non-negotiable. It not only gives you a clear picture of your budget but also allows you to move quickly and confidently when the right home hits the market.
2. Understand your wants vs. needs.
Know what youāre truly looking for before you start touring. When you walk into a home that checks all your āmust-haveā boxes, youāll be ready to recognize it ā and act.
3. Build a relationship with your realtor early.
Donāt wait until youāve found āthe oneā to reach out. Working with a realtor early helps you understand local pricing trends, negotiation dynamics, and which homes are worth your time.
4. Be emotionally ready.
Buying a home is as much a mindset as it is a financial process. Prepared buyers have already thought through what theyāre comfortable spending, how quickly they can close, and what compromises theyāre willing to make.
