The process of buying a house can vary greatly from person to person. One of the biggest difference makers when it comes to the success of your house hunt is the realtor you choose to partner with during the buying process. A seasoned realtor will not only be able to walk you through the early stages, but also help you close a deal.
GOOD QUESTIONS TO ASK WHEN BUYING A HOUSE
Besides their general guidance, realtors can also answer some of the more nuanced questions you might have when buying a house. Some things might come up early on, while others might not be relevant until you’ve put in your first offer. These are just some of the many questions that an experienced, knowledgeable realtor will be able to address.
WHO PAYS THE REALTOR FEES WHEN YOU BUY A HOUSE?
Like any service provided by a specialist, there is a cost associated with using it. The vast majority of people use a realtor when looking for real estate, but not many understand how a realtor actually gets paid for the services provided. If you are looking to buy a house, you can typically choose a realtor to work with at no initial expense to you. The reason why? The fee is usually paid out of the proceeds from the sale of the home by the sellers themselves (so long as the margin is high enough). If the deal falls to shambles before a sale, the realtor doesn’t get paid for any time they put into the process so far. This is why being a realtor is difficult (and risky for some).
WHAT DO THE AVERAGE UTILITY BILLS LOOK LIKE?
This is something that you definitely want to dig into before buying a house. When you buy a home, the cost doesn’t stop at the closing deal. Every month, you’ll be paying different utilities, property taxes, and any other fees that might be associated with living in a particular area. Make sure you ask your realtorabout any additional costs of living so you can incorporate them into your financial planning.
AM I OUT OF THE RUNNING IF MY OFFER IS REJECTED?
There is never a clear cut yes/no answer to this question. Sometimes, the offer is rejected because it was below the seller’s expectations, and they have a higher minimum. This means you still have a chance to present an offer more in line with what the seller wants. Other times, the seller may come back with a counter offer, which in a way is a direct invitation to keep the interaction going. However, in some instances, the seller may have gotten an offer from another party that matches or exceeds what they need, and they’ll let you know. Make sure you and your realtor work out a game plan about potential offerings before you make your initial bid, so both of you understand how high you want to go if need be, and how fast.
LET A SEASONED REALTOR EASE THE PROCESS OF BUYING A HOUSE
Above are just a few questions that can help you learn more about the process of buying a house, but there is so much more information that can help. When you partner with a realtor like those at the offices of Caskey & Caskey, we deliver quality service and optimal results.