Questions To Ask A Real Estate Agent When Buying A House
It’s a much tougher Real Estate market than it was 10 years ago. If you are deciding to seek assistance from a real estate agent when you are buying or selling your home, then you need some good information and advice before making any decisions. Here are some questions that you should ask a real estate agent before you purchase or sell your home.
What to ask a realtor when buying a house you are looking at
What kind of questions you should ask a real estate agent before buying a home? What do you need to know before buying a house?”
What’s the sales history of the house you are buying?
You should start by asking how much did the current owners pay for the house or when was the last time the house was sold. You can also check the MLS if you prefer not to ask an agent and do the research on your own.
How much is the home worth on today’s market?
Along with high and low price ranges, your real estate agent should be able to give you a few comparables so you can have an idea of what the market looks like in that area for a particular property.
How long has the property been on the market?
You should ask a real estate agent if the property has been on the market for several months. This could mean that the housing market in that area is slow or that the property is overpriced.
What is the offering price of the property?
Try not to go off prices of homes that are currently on the market because they have not sold yet, so it’s meaningless to compare them. You should go by the homes that were sold nearby (comparables) and not what others are trying to sell their homes for.
What is the condition of the house?
If you are buying a brand new home then ask a real estate agent about the repairs and how much the repairs are going to cost. Don’t automatically start thinking that it’s going to cost you thousands of dollars. Do not assume you can deduct the cost of repairs from the price of the house because the price might already be adjusted with the repairs included.
How is the area where the property is located?
Homes that are in nice areas tend to be worth more than homes that are in locations that are in rougher areas. You should ask a real estate agent if there are any schools nearby, what the neighbors are like, are there any loud and annoying noises that you should know about like traffic from nearby freeways.
By asking these questions you should be able to locate the Dream Home that is perfect for you and your family. At America’s Choice Realty we have some of the most educated, dedicated, knowledgeable and experienced Real Estate Agents who’s best interest is yours. By using the quick and easy form below for your Real Estate Inquiries, you will also receive FREE advice regarding any other Real Estate related topics that you may come across.