5 Things To Do Before You Call A RealEstate Agent

When you’re looking to move, either by selling your home or buying a new one, one of

the first steps involves meeting with realtors. Whether you’re fully committed and ready

to buying or selling a home or you’re just passively interested in this idea, you should do

the following before contacting a real estate agent:-

IF YOU ARE LOOKING TO BUY A HOME:

Get Pre-approved: It helps a real estate agent if you know your affordability level clearly,

that you meet the minimum requirements for a home loan, and that you’re serious about

moving forward with a home purchase. Most sellers and agents prefer to have a

prequalification letter from a buyer before offering a home.

Determine What You Can Afford: This step is different from getting pre-qualified or

pre-approved. You should determine how much you can afford from your personal

finances depending on your lifestyle or your spending habits, your budget, etc. Important

factors such as utility bills, maintenance costs vary according to house size and its

location. So make sure you are prepared with its estimated costs to know whether it fits

into your budget or not.

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Consider where you want to live: Start with searching for suitable areas that are offering

homes of your choice within your price range. Make a list of them and get to know them.

Now, research the area’s comparable homes and their sales prices at the site.

Make A Personal Visit To Home: Make a physical visit to the site instead of completely

relying on photos on the internet and contacting the agent immediately. Visit homes in

person and see it from the street or attend an open house as it gives an accurate and

real picture of the home itself and its neighborhood and lets you know whether the

property has any issues or not.

IF YOU ARE LOOKING TO SELL YOUR HOME QUICKLY:

Learn Your Mortgage Options And Get Pre Approved: Try to know what mortgage

options are available to you as it will help you determine which home you can afford.

Most important factors like the term, price, and interest rate affect the mortgage. Though

pre-qualifying the mortgage is enough, being pre-approved for the mortgage which

involves an official mortgage application is essential as sellers and agents put it under

contract before you could even make an offer.

Study Your Local Market: The next step that you should be aware of is to dive into the

market for homes that you will scout for. You should realize the current market patterns,

typical closing prices for properties like yours, and any value decreases.

De-Clutter: Prepare your home for an open house before a visit from an agent as it will

help the agent to see the full potential of your home and allow him/her to better market

the property. Remove the extra décor items, furniture, etc. to let the professionals see

the maximum potential of your property. Some simple steps like packing away excess

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items, removing personal effects makes the space in your home look larger. Deep

cleaning your home goes a long way as it improves the outlook of your property and

provides a more welcoming space to the visitor.

Repair, Replace, and Refinish: The first impression is most important for house hunters.

Make sure your exterior is top-notch, tackle repairs before buyers are canceling bids,

patch and paint the deteriorating features of your house, A real estate agent may also

not approve it for your expected asking price, or a potential buyer will walk away if the

outlook of your house is not well maintained.

Search for the best real estate agent: Before immediately contacting a real estate agent

from contact numbers available on the internet, take the time to shop around and find an

agent that is suited to your needs. You are going to work with this real estate

professional for weeks, if not months, and also pay them as much as 7% of the closing

price of your home so make sure they are trustworthy and experienced. Take referrals

from people who have recently moved, and refer several online resources for ranking

and reviewing realtors.