Buying a house is an art. It requires a lot of planning and
attention to detail. But there is one element all home buyers tend to ignore-
real estate agents. Like most professionals, your agents avoid being in sticky
situation. They only want the best for you. Here are 6 situations that all real
estate agents hate being in and that are likely to ruin your chances of getting
the right house,
Worrying too much about Exteriors
When shopping in Irvine, your agent will happily show you
around all homes and condos for sale in Irvine that are within your range.
However, most buyers get caught up with exteriors and fail to look beyond that.
Agents want you to know that most issues are fixable. Small
dirt patches can easily be removed. Minor repairs can restore the property to
pristine condition. There’s no need to get fixated on dirty exteriors and use
that to negotiate over price.
Long Waiting Time
If you’ve found a house/condo you want to buy/rent, don’t
wait for too long. Make an offer and get your agent to start working on the
papers. If there is a considerable lag, the seller may not take you seriously
and search for other parties. In the end, buyers tend to blame their agents.
This is something no real estate agent would ever want.
Mocking the Seller
Real estate agents not only share a relationship with
buyers, they are equally important for sellers. Both parties are their clients.
The last thing they would want is for both parties to get into a spat and that
the realtor should act as a negotiator. It is not their job.
Once you’ve grown comfortable about a house and seller, try
not to say or do anything that may insult seller and make them reconsider their
offer. You may come across something you don’t like, but it’s best not to voice
your concern
s with your seller around. You can talk to your agent in private
though.Ignoring the Seller
Unlike other business, real estate is not a fast-moving
consumer goods sector. While the homes and condos can be viewed as products,
the seller must choose you as the buyer before anything can be done. Sellers
often set prices based on their own motivations (e.g. general prices and
emotional attachment). While it is good to negotiate, don’t go overboard. Let
your agents work out the details. The longer you argue with the seller, the
more likely you’ll end up letting go of the property.
Low-balling
If a seller does not accept your first offer, he/she may
consider a second offer. As a buyer, try to make your next offer as reasonable
as possible. Your agent is likely to invest a lot of time in correspondence
between you two.
Unreasonable offers are likely to tick off the sellers and
force them into considering other buyers. A low price offer also indicates
non-seriousness on your part. It will also look bad on part of your real estate
agent.
Author: April Lavine is a real estate agent broker in Irvine. She currently works with Irvine Residential Living.
Author: April Lavine is a real estate agent broker in Irvine. She currently works with Irvine Residential Living.
Comments
Post a Comment