If you are property shopping and you find an interesting house, how will you know that it’s a perfect fit for you? Easy, ask your real estate agent! If you are involved with an agent, you should be asking your agent many questions to make sure that it’s a perfect fit for you. Your relationship with a real estate agent can make your home-buying journey a hassle-free one!
Buying a home is a pretty big commitment. It’s an investment that is going to last for a long time. So you would want to be pretty sure when choosing the perfect fit for you.
If you are buying a home for the first time, it’s normal to be confused and worried. Asking questions from your agent will help you in overcoming your worries and fears. Otherwise, you’d be left with making a decision that is not good for you.
To help you in making your decision, we have a bunch of questions that you should ask your real estate agent before buying your house.
Here’s what you should ask your real estate agents:
1) Why is the owner selling and, How long has he lived in the property?
The first question that you should be asking your agent is why the owner is selling the house? Is there any problem with the house? Is the neighborhood not good enough? Or he has bought a new house?
You should also be asking about the duration that the owner has lived in the house. It will help you gather more information and you’d be able to negotiate the price accordingly.
2) How long has the property been on sale in the market?
You should be asking your agent about the time that the property has been on sale in the market. If it’s been on sale for a long time then, why is it not sold yet? If there’s any problem with the house. If the seller is ready to negotiate the price or not.
3) How is the neighborhood?
No one wants to move into a house with bad surroundings and neighborhoods. Everyone wants to live in a place that has welcoming neighbors, a market, hospitals and schools near the house. You should specifically ask your agent if there is anything unwilling about the neighborhood that would decrease your desirability to buy that house.
4) The cost of the property?
It is one of the most crucial questions. What is the price of the property? Your agent can’t tell you what offer you should put. It’s up to you. You should ask your agent to show you both high and low priced houses. So, that will give you a chance to compare with different houses. By comparing you will get a chance to make a better offer.
5) If the seller is ready to negotiate or not?
You should ask your realtor if the seller is ready to negotiate on the offer or not. You should never tell your price first and try to know the offer proposed. So, that you have a chance in negotiating the terms.
6) How often has this house been sold?
You should ask your agent about the selling history of the place. If the house is on and off in the market for the past few years. It might indicate a problem in the property that the owners might have discovered.
7) When is the owner moving out?
Asking your real estate agent this question will help you know if the owner is selling under a strict deadline and has to move out in a few days and is ready to negotiate the price offered by him.
8) What is the property area?
You should ask your agent about the area that the property is holding. You should be sure before making your decision.
9) For what price the neighboring homes have been sold?
You should ask your agent about the price that other properties in the same neighborhood have been sold. It will give you a clear and better image.
10) Does the house require any additional renovation and changes?
You should ask your realtor if the property requires an additional change as renovations or paint.
11) Is the property fully furnished?
You should ask your realtor if the house he is showing you is well furnished or not. It has the basic amenities or not.
If you are buying your first home it can be very intimidating. Since it’s your first time home buying experience you should ask many questions with your real estate agent. It’s a long time investment and you have to spend your life in that house. You are making a lifetime commitment. So choosing the bad option will not help. You should be sure and confident. Asking your real estate agent these questions will help you in making a better decision and enjoy living in your home!
If you want to learn more about buying a home then Hirola Infra is here for you. Our team will help you in getting the best offer and will provide a hassle-free experience.