Finding your dream home could be a process much overwhelming than you imagined. It’s more than just scrolling through the listing or going for an open house visit. Every step needs to be navigated with precision and insights. While your Real Estate agent is your guide through the maze, here are 4 important questions you need to ask, for it all to make more sense.
Understanding the market condition helps the buyer make a calculated choice if now is the right time to buy a house. Your real estate agent can give you thorough information if it’s the buyer’s market, seller’s market, or partially both.
Learning about the house’s past can help the buyer understand its problem areas and if they contribute to being a deal breaker. It also helps to estimate the right value of the property to the buyer and the seller’s true motivation.
The buyer needs to craft a strategic and reasonable offer for which you need to be aware of the true market value of the house compared to the price quoted on the listings. Ask your agent about any comparable bids or competing offers, and any other recent sales by the seller.
When buying a house, you’re also committing to the neighbourhood. Ask your agent about the safety, accessibility, amenities, nearby schools and hospitals, and possible developmental plans for the area.
Lastly, it’s crucial to do your own market research and understanding your priorities before making a decision. Communicate with your agent and the house owner if necessary. Ask as many questions as you needed, leaving no space left for doubt because it’s a collaborative journey to unlocking the right door.
Krishe Pearl