The ever-rising housing costs and regulations around purchasing a home in Canada not only makes the dream of home ownership difficult for first-time home buyers, but it also makes the role of real-estate professionals ever-challenging.
When your clients are faced with rules and regulations that become obstacles, it means you’re also faced with figuring solutions that fit their situation, and will actually benefit them in the long run.
One of the major challenges that has become a topic of discussion across the Nation, is down payment requirements. To no surprise, most Canadians have the liquidity to take on and carry mortgage costs, but they lack sufficient funding to put upfront for the down payment.
And if you’re clients have been faced with this, which is probably likely, you’ll know all too well how disheartening it can be for individuals and young families looking to get into their first home.
Well, we’ve got good news!
We’re actively partnering with local real-estate networks, agents, as well as mortgage brokers and agents who are looking for new, alternative, and innovative ways to help their clients get into their first home.
The reason is quite simple.
Working together means we can help more first-time home buyers achieve their goal of becoming home owners. And without having to feel like they’ve been stretched too thin.
By partnering with us you’ll gain immediate benefits that will both help you continue to grow your business as well as make your clients happy.
Here are 4 benefits that you’ll gain:
1. Help your clients get more value
Partnering with ARCH means that you’ll help your clients access a legitimate source of funding for the down payment. Which is exactly what they’ve been looking for.
That means your clients can take a deep sigh of relief knowing they won’t have to save every penny of theirs to come up with the 5% minimum, because they’ll now have the full amount. And you know what that means? It means they won’t have to settle on the size or amount of a home, because their approval amount will likely increase as a result of having the full amount for a down payment.
And it also means that you can now become the real-estate superhero your clients have been dreaming of.
2. Convert renters to homeowners
Partnering with ARCH means that you’ll have confidence in offering home ownership support to your clients that are currently stuck, or at least feel like they’re stuck, in the rental market.
It’s time to help your clients stop paying for someone else’s mortgage and create the opportunity for them to start building their own equity.
3. Re-engage with past, previously unprepared clients
Chances are you have dozens, if not even hundreds, of potential clients who became interested in purchasing their first home, but fell short due to the down payment requirements.
Well, now you can start re-engaging with past clients who weren’t quite ready to make the commitment due to this barrier, letting them know that the wait is up and that home ownership is calling their name.
4. Access a trusted, professional network
When you partner with ARCH, you gain access to the various real-estate organizations that we work with, in addition to our network of qualified first-time home buyers.
We’re focused on a win-win-win approach.
The better we can help your clients gain comfort in the home buying process, the better we are able to help them reach their real estate dreams.
Getting your clients into their first home
There’s no argument that saving up for the down payment is one of the major challenges most Canadians are struggling with when it comes to purchasing their first home.
But it doesn’t have to be, not anymore.
By having access to the full down payment through ARCH’s program, we are able to help your clients reach home owner status.