Buyer’s Guide
Assigning a real estate consultant
Contacting a real estate consultant will save you time and money, and he/she will be leading you to the optimal choice. Below, we are going to explore some basic reasons for assigning a real estate agent to assist you with your home-buying process.
Mortgage preapproval and installment calculation
The process of mortgage preapproval has to take place first, so the buyers would know how much money they have at their disposal and whether they are ready to buy a property. Many times the seller prefers speed to a higher price. The installment calculation also plays acrucial role so the buyers are aware of whether or not they can respond.
Buyers’ priorities assessment
During the meeting with the real estate consultant, the buyers discuss and assess their priorities. Real estate consultants have a crucial role to play, as they provide answers to the most important questions regarding the buyers’ needs and wishes. They guide and assist the sellers with their decision-making process.
Presentation of the real estate market and suggested properties
According to the buyers’ wants and priorities, the real estate consultants present the corresponding properties. Prices fluctuation, availability of wanted properties, special characteristics, and alternatives. Real estate agents have to suggest specific properties – not dozens – which correspond to the buyers’ wants and affordability. Specifically, houses that qualify for becoming the house of their dreams.
Viewing of selected properties
After the selection, buyers and consultants visit the properties knowing all the vital information. In case the buyers lack time, the consultants can attend by themselves the first viewing of the properties.
Estimation of total expenses / Offer deposit
Following the viewings and the selection of the desired property, the buyers with the support of the consultant, estimate the rest of the expenses, such as the engineers, the notary, the tax office, etc. If necessary, they also calculate the renovation cost. Then, after knowing the total cost, the buyers can deposit their offer.
Purchase decision
After the required negotiations held by the real estate consultant, the home buying deal is officially sealed.
