Do’s and Dont’s For Home Buying And Selling

Here are some important reminder’s for buyers and sellers looking to sell or buy property. It’s always good to be informed and up-to-date on certain actions we take when looking to sell or buy a home. With this list, you will be better prepared to make a decision on what to do and what not to do when its time to make that big investment or sell your home to a potential buyer. The process of selling or buying a home can be life draining sometimes and its good to be knowledgeable on how to handle situations between you and your agent. Feel free to comment if you have anything you would like to add from your personal experiences in the real estate home buying process.

The Do’s

Be certain your agent is knowledgeable about your town, city or the area. He or she should have a good understanding of the local community, schools, recreation and potential HOA’s to share with potential buyers.

Have a clear understanding of the selling process and legal obligations. Familiarize yourself with the typical marketing time in your area, what to expect with a home inspection and any other items that could be of concern. Also, be familiar with the contracts and process, home review or showing, mortgage contingency, title companies, escrows and closing time frames.

The Do Not’s – Dont’s

Do Not just go with the agent who tells you your house is worth the most. Agents should conduct some research to estimate the pricing, and you should consider looking at the competition in your neighborhood or area.

Do Not just assume that the agent who sold you your house will be a good fit on the selling side. Interview more than one person/agent to find out what each brokerage has to offer.

Do Not ignore offers that do not meet your asking price. By not countering even what you consider a low offer or an offer below your asking price, you could easily discourage what may ultimately be a good offer.

Do Not assume that your agent works full-time or can be reached at any time. Be sure to ask and discuss the best forms of communication and contact for both you and your agent.

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