Sunday, 19 January 2014

Dealing With Real Estate Agents!

A majority of the time you are dealing with individuals called, 'Real Estate Agents'. And yes, we are all individuals as well.

What I mean is although there is a feeling that the Agent is there for the commission only, it can be for some and the majority Real Estate Agents have feelings that can  may you buy or not buy the property.

All home purchasers are looking for the best property they can buy, for the area, ensuring that price meets the fully satisfied box. They don't see dollar signs in your eyes when  you enter a property and are been shown a property, they are looking for the interested purchaser not the  disinterested purchaser. Even the disinterested purchaser may  purchase another property from the same agency.

Qualified Real Estate Agents will give you a rundown of the benefits of purchasing that particular property, any defaults you see in that property you highlight yourself and that can be part of negotiating for the sale price.

The correct agent will say, ' The market will determine the selling price of the house' pending economic and local factors that can alter the price at any stage.

As the purchaser, using you don't come ready prepared to take down notes when you are visiting the property for the first time and there will be things unseen to you that will not be right or covered up - no matter how small they are. Then as you enter each room ask the agent appropriate questions that can determine your interest in purchasing the property. *The Agents job is to represent the seller and answer as many questions it takes, until the property is sold.

A majority or purchasers know what sort of property they have in mind and if  it doesn't meet the  full capacity comfort zone, they will walk out and the agent won't hear them again. This is not the agents fault - this is because the property didn't fit the purchasers criteria.

If a purchaser likes and funds are available to purchase the property within the budget limits of purchasing a property  then it is the time to negotiate unless if  more than one party doesn't agree.

The price advertised on the market is not the selling price unless advertised final sale price or similar. There is room to move. here then comes you  negotiating qualities.

Once an initial deposit is paid then there is the cooling off period where you will be set normally 10 days to ensure that you do want to purchase property and Financial loans are approved, ready to go!
If not  your holding deposit is non-refundable.

Therefor agents should be treated  with the best of behaviour, so that you do get their attention and understand you want to be their purchaser of that property. It would be the same you would like to be treated if you were a salesperson.

BE NICE TO REAL ESTATE AGENTS AND THEN THEY WILL BE NICE TO THEM!

Once you are nice to them the trust begins!

*There will be times where the agent may say I have to go to another property inspection and that will indicate you have, missed the boat, try another time!' Two things can be considered here is that you didn't time yourself property to make the property inspection or the Real Estate Agent is too busy to  talk to you - time constraints.





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