Finding a house to call home.
Real estate specialist in Northwest Arkansas.
I like to go above and far beyond
As a real estate agent, my priority is to make my clients happy. I listen to my client’s wants and needs to achieve the best outcome in every transaction, and I strive to ensure that the home buying or selling process is fun, easy, and stress-free. My clients can count on me any time of day when they have a question or concern.
Contact me for professional real estate advice.
The in-depth knowledge of the real estate market allows me to earn trust and provide real value to my clients.
I strive to meet my client’s needs and understand that repeat business and referrals are essential in today’s market.
Got a question?
Ask me anything about real estate in Northwest Arkansas.
What is the first step of the home buying process?
Getting pre-approved for a mortgage is the first step of the home-buying process. Getting a pre-approval letter from a lender get the ball rolling in the right direction. You need to know how much you can borrow. Knowing how much home you can afford narrows down online searching to suitable properties.
The loan estimate from your lender will also show how much money is required for the down payment and closing costs.
How long does it take to buy a home?
From the start (searching online) to finish (closing escrow), buying a home can take two weeks or longer. Once a home is selected and the offer is accepted, the average time to complete the escrow period on a home is 30 to 45 days (under normal market conditions). Though, well-prepared home buyers who pay cash have been known to purchase properties faster than that.
What kind of credit score do I need to buy a home?
Most loan programs require a FICO score of 620 or better. Borrowers with higher credit scores represent less risk to the lender, often resulting in a lower down payment requirement and better interest rate. Conversely, home shoppers with lower credit scores may need to bring more money to the table (or accept a higher interest rate) to offset the lender’s risk.
How much do I need for a down payment?
It depends on the loan you qualify for. The national average for down payments is 11%. But that figure includes first-time and repeat buyers. Let’s take a closer look. While the broad down payment average is 11%, first-time home buyers usually only put down 3 to 5% on a home. That’s because several first-time home buyer programs don’t require significant down payments. A longtime favorite, the FHA loan, requires 3.5% down. Moreover, some programs allow down payment contributions from family members as gifts. There are other loans like VA and RD loans that require no down payment.
How many homes should I view before buying one?
That’s up to you! For sure, home shopping today is easier than ever before. The ability to search for homes online and see pictures, even before setting foot outside the comfort of your living room, has completely changed the home buying game. Convenience is at an all-time high. But, nothing beats visiting a home to see how it looks and ‘feels’ in person.
Gerik is the most responsive realtor I’ve ever used. A+ all the way! He WILL get you what you want and need. We hit the jackpot with him and won’t be using anyone else in the future.
— Zillow Reviewer who bought a single family home in 2020 for approximately $250K in Rogers, AR 72756.
We have interacted with a number of real estate agents in the last couple of years and Gerik stands head and shoulders above the rest. He was responsive, attentive, and on top of everything. He continued …
— Zillow Reviewer who bought a single family home in 2021 in Pea Ridge, AR 72751.
Gerik was very helpful during the process. You don’t sell a home every day so of course I had a ton of questions. He was very patient and thorough. He was very responsive, and his knowledge of the market …
— Zillow Reviewer who sold a single family home in 2020 for approximately $175K in Bentonville, AR 72712.