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7 Questions To Put To Your Real Estate Agent

Important questions that you need to ask your real estate agent which will help you to understand how to buy the right property for your budget


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Real Estate

 

Before you go and buy a property of your own, you may ask for the help of a great real estate agent to help you to confirm and finish your purchase. Smart people will always speak to more than one real estate agent before they settle on one to use for their property search, as these are the professionals in their field. Real estate agents are those who can look at more than you see, and know the ins and outs of the market to get the home to match what you are looking for.

You have to interview a variety of real estate agents before you pick one, and when you do, you want to make sure that they can find the real estate market that you are looking for for your future home. Your realtor is going to help you with your search, from the moment you start looking for a specific house to the final purchase. Some of the questions that you need to ask your real estate agent below will help you to understand how to buy the right property.

1. How Long Have You Been Selling Houses?

New agents are often keen to get a sale, but you need more than a new agent to help you with your home search. You need to think about  the experience of the person helping you out to buy a house. The more experienced the person, the more you’re going to get the right advice, the right deals and even the right prices on your mortgage. Experience buys you a great discount, if you know how to choose the right one. Agents learn on the job, so research their background and ability before you choose someone to work for you.

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2. What’s The Average List Price To Sale Price Ratio?

Your agent should be able to negotiate prices easily. And they should be able to negotiate a price that;s lower than the listed price on the home you’re looking at. You need to find an agent confident enough to work to your budget, otherwise you’re going to struggle! The right agent will have a great record for lower sales prices and they will be able to meet your expectations with regard to the home you want to buy.

3. What’s Your Marketing Strategy To Find The Home I Want?

You have an idea of your dream home, and it’s your agent’s job to find that for you within your budget. You have to know how the agent will search for your new home if you’re buying a house, and you also have to know how they handle multiple offers for the house, too. If you’re selling not buying, you need to know how the agent will market the house and whether it’s going to be photographed professionally to get your home noticed.

4. Do You Have References?

If you know anything about real estate, you know that most people choose agents based on the recommendations of their friends and family. Agents with references and online reviews are chosen for a good reason. They get a good review because they know what they’re doing and they can help you to buy the house you want.

5. What Makes You Different From Other Agents?

Real estate agents should show you why they are better for the job than other people, and all they have to do is tell you exactly why they can get you the home of your dreams above anyone else out there. They should be honest, trustworthy, excellent negotiators and brilliant communicators, too. Know what characteristics and qualifications that they value and invest yourself in that person based on that.

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6. Can I See My House Documents Before Signing?

Any good real estate agent should be happy to show you your home documents before you sign them. This gives you time to assess everything properly and ask for help with your lawyer present to understand any clauses. You should ask for copies of all of this so that you can review it with good time. The more you understand all of the phrases used in a contract, the better you will feel about your real estate agent and the ability to buy your home.

7. What Do You Charge?

Perhaps the most important question is how much your real estate agent charges for the service. You want to know if you can afford the service, and whether you pay out of pocket or whether it goes into the cost of the house.

 

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