Home Buying Simplified
Understanding the Journey
William Phipps
Hailing from England, another part of the world with an indelible link to the water, I have a deep sense of respect and passion for the character of Newburyport and the maritime surroundings of Cape Ann.
I am thrilled to work for Engel & Völkers, a company built by two friends’ passion to deliver unrivaled expertise and service. And, with that same commitment, and 25 years sales experience, I am here to help you write your next real estate story - one where you have room to grow, room to breathe and room to live.
William Phipps
Real Estate Advisor
The Engel & Völkers Buying Experience
From starter homes to dream homes, at Engel &Völkers I am part of a team that provides unparalleled and personalized buying experiences for all our clients. I believe that buying a home is one of the most important decisions you will make, and it would be an honor and my passion to be part of this journey with you.
As a trusted advisor, I make it my responsibility to understand your home buying goals – from your overall vision and budget, your priorities from neighborhood amenities and architectural details – and to help you discover the right space to call your own. For me, luxury is for everybody, because it’s about the richness of life that begins and ends in the most important space we know — home.
The Power of Investing in Ownership
Making the decision to buy a home, whether for the first time, or moving to a new one is a moment to celebrate. It’s the start of your next real estate story. With it comes both financial and emotional benefits to owning a home. After all, a home is the center of your world.
Ensuring Simplicity
Seek professional advice from a trusted mortgage broker about your financing options (if you are financing)– we work with some amazing colleagues if you’d like an introduction.
Freedom to Live
Owning a property allows you to live your own luxury, giving you room to grow, room to breath, and room to live.
Stability
A home should be a place of comfort and happiness. With homeownership comes a sense of security in an investment and a space where memories are made.
Will is innovative, strategic, and has a deep understanding of human behavior - a winning combination. If you have a chance to work with Will, I highly recommend it.
Kate, Former
Client
Getting Started: The Buying Process
The reasons for buying a home are personal, so the first thing to consider is what you want to achieve in purchasing a home. Buying a home is filled with both strategic thinking and emotions. With ever-changing market conditions and other variables, various factors may affect the path you take in finding the property that’s right for you. As your consultant, an Engel &
Völkers advisor helps you understand the market landscape and determine, based on your goals, if now is in fact the right time to buy and then identifying the correct approach. As far as the property itself, it’s wise to invest the time to outline the key factors and features relating to your search, including:
Location = Value.
Location, Location, Location
This is one of the most important factors to consider when you’re looking for your new home, because unlike structures, paint colors, and flooring, the location of your home cannot be changed. Beyond the physical location of the home within the city or
town, you should also think about its location in the neighborhood, community, and/or the building, as this too will have an impact on your home’s value. The following pages have some of the best known communities on the North Shore to start you off.
To learn more about location, watch here.
Newburyport
Newburyport offers a serene atmosphere with abundant green spaces like Moseley Woods Park and Little River Conservation Area. It’s also home to a vibrant downtown, known for its charming shops, top-rated restaurants, and coastal New England charm.
Median Sale Price
$1,547,000
Newbury
People who prefer a calm environment will enjoy Newbury. This area is very quiet overall, as the streets are usually very peaceful. Lastly, there are about 20 public green spaces nearby for residents to check out, such as Devil’s Den WCE and Knights Common, which results in them being very easy to access from most locations within Newbury.
Median Sale Price
$ 992,500
Ipswich
Ipswich is a sleepy coastal town that awakens in the summer and fall – welcoming tourists of all ages to her 4 mile long, white sand Crane Beach and delighting brides and elegant party-goers of memorable events at the Gatsby-esque, historic Crane Estate.
Median Sale Price
$1,339,000
Gloucester
Gloucester is one of the most breathtaking coastlines on the East Coast. Both modest homes and estates well into the millions are available here for lovers of the sea. Natives enjoy a rich heritage in commercial fishing and shipbuilding, and now an emerging center for research on marine life and conservation.
Median Sale Price
$819,888
Rockport
Rockport is located at the tip of Cape Ann and is surrounded on three sides by the Atlantic, with quaint summer cottages and magnificent oceanfront homes that dot the rocky shoreline. Tourists and locals adore strolling downtown Bearskin Neck to shop, dine and enjoy the ocean air.
Median Sale Price
$1,847,000
Beverly
Located about 26 miles from Boston, Beverly has the small-town charm you look for in an oceanfront community, coupled with a sophisticated city identity. With easy access to Route 128, five commuter rail stations, excellent public and private schools.
Median Sale Price
$1,024,450
What Type of Home Do You Want?
Are you looking for a single-family home, townhouse, condominium, co-op or a multi-family building? There are many options and considerations for each that will impact your search.
Single Family
Condominium or Coop
Multi-Family
Land for development
New build
Older character home
Your Must - Haves
Identify your must-haves and list them out in priority, for both you and whomever you may be purchasing your home with. Make a list of your non-negotiables when it comes to a home and take that with you when you are visiting properties.
Beach Access
__Bedrooms
__Bathrooms
Swimming Pool
Local amenities
Water view
Large yard
Gated community
Fireplace
Other____________
Your Buying Power
It’s important to identify what you are able to afford when it comes to a home and how much a lender is willing to loan based on key factors such as income, debt, expenses etc. Your advisor can help you work within that budget and take into account other considerations as it relates to the property you seek.
$250K - $499K
$500K- 749K
$750K - $1M
$1M - $1.5M
$1.5M+
Know What To Expect.
The Key Step To Buying a Home
Choose your Advisor
Find the right person to partner with you on this journey.
Start the Search
Get ready for the fun to start, and for your weekends to be busy!
Inspect the Property
Ensure a professional examines things from top to toe.
Tackle the Finances
Work with a mortgage broker to find the right financial support that suits you and confirm pre-approval or funds.
Write the Offer
Using your advisor’s guidance, create the most compelling package you can to beat the competition.
Wait for Appraisal
Where needed, the lender will confirm the value.
Execute Purchase & Sale
The contract that secures your offer, subject to final appraisal.
Progress to Closing
The keys are soon yours, with final documents to be signed and the final home inspection.
The lending paperwork, if needed, that is one of the final steps. Confirm the Mortgage Commitement
From trash bags and clothes, to beverages and snacks, make sure you have the things you need. Pack your moving day kit
Streamlined Negotiation Strategies.
Steps To a Successful Offer Acceptance
Every transaction is different, but there are several areas that we focus on at Engel & Völkers By The Sea. These guide our approach and help make your offer the most compelling one.
Ensuring Simplicity
A seller and their listing agent may be looking at several offers. My job is to make sure yours is easy to understand, lays out the important parameters to you as a potential buyer and theirs as a seller.
Being Competitive
It goes without saying that rising to the top requires your offer to be the most compelling. But price alone is not the only factor that goes into a seller’s decisions. Presenting your offer in a way that answers their needs is often the key – whether that’s the confidence in your finances, or the speed that we move – there are many ways we can help your offer be the best one.
Having Flexibilty
Most offers may go through a cycle of counters between buyers and sellers before acceptance. And being flexible is one of the keys to success – at the end of the day working with the listing agent is a key role for myself as your advisor to balance the needs of each party and keep the deal on track.
Staying Human
While this is a financial transaction, it’s one fraught with emotions as well – and being personable, helpful and trustworthy is part of my role as your advisor. Helping tell your story and your hopes for your new home, or offering to help the listing agent where needed, often count for a lot.
Preparing for the Big Day
You’re almost there, but it pays to think in advance of some of the steps to take.
Time to Celebrate
At Engel &Völkers, we believe in clients for life. Not only during, but well after the purchase of a home, our advisors connect you with experts to help you continue making the most of the walls and community that surround you.
Luxury found in the little moments that when combined create the essence — and the intangible qualities — that make a house, “home.”
A place for your thoughts
Notes
& Reminders
A place for your thoughts
Notes
& Reminders
A place for your thoughts
Notes
& Reminders
A place for your thoughts
Notes
& Reminders
