If you are looking to purchase a new home, then it is crucial you work with qualified realtors in order to find the home of your dreams. Considering that there are so many houses for sale, you will need someone who really understands what you are looking for and can narrow down different potential properties for you. But, it can seem overwhelming to pick between all the different real estate agents available in your immediate location. So to prevent any confusion, here are some questions to make sure to ask your realtor to ensure you are getting the best service available.
Will you be able to give me a Comparative Market Analysis of my city?
A CMA is a listing of homes for sale in your neighborhood, along with a listing of homes that were just sold. The reason behind a CMA is to compare the specifications of your home to the other ones in the district to see if you are paying a good price and/or getting the best bang for your buck. Simply put, they are the launching point for looking for a new home, and if your realtor cannot provide one, that is a red flag.
Is the area I am looking into moving to growing as a neighborhood?
Generally speaking, the status of a neighborhood grows and declines every few decades or so. While it is always a good idea to look at an up and coming neighborhood, this status may not be known. This is where the real estate agent comes in, and you have to make sure to ask so you don’t have to deal with a failing neighborhood in a few years or so.
How do you work?
Your agent may work independently, or they could be a part of a bigger team. It is important to differentiate between the two because you will want to work with the same realtor throughout the entire process. Not only does this make it easier to get your thoughts across to just one person, it will make communication easier. Also, those working in a team may sometimes split the commission, so you technically could be paying for someone you haven’t utilized.
With these three questions in mind, you are set to hire a quality and experienced real estate agent.
