Here are 10 Questions to Ask your Realtor When Buying a Home

When you are ready to purchase a home, it can be an intimidating process. Hiring a real estate agent that specializes in Dallas-Fort Worth is one of the most important steps when purchasing your next home. However, there are many questions you need to ask them beforehand in order for it to be successful. Here, we have listed some great starter questions that will help guide you through finding your perfect home:

What Location Should I Choose?

Researching Dallas-Fort Worth real estate can be overwhelming and confusing, but with a knowledgeable and experienced real estate agent by your side, it will not seem like a frightening experience. The extensive familiarity with the area is beneficial for the buyer as the realtor can suggest the best location suitable for your needs.

How Long Have You Been in the Business?

This question will give you an idea of how much experience your Dallas-Fort Worth realtor agent has. The length they have been in the business is not always indicative of their success but it can give you a notion of whether or not you are working with someone skilled enough for your needs.

What is Their Track Record?

You should also ask your Dallas-Fort Worth realtor for their portfolio. This will give you an idea of whether their listings and specialization are at par with what you need. Remember that there are realtors that only handle luxury listings or cater to buyers with a certain budget. Consider this point as you would not want to waste time building a relationship with a realtor who does not offer what you are looking for.

What Property Type Do They Specialize In?

When looking for a home, it is important that you know the type of Dallas-Fort Worth property your potential real estate agent handles. Just like with the price point, some realtors specialize in certain types of properties like condominiums, townhouses, commercial properties, for rentals only, foreclosed properties, and more.

What Should I Look for When Viewing Properties?

When visiting open houses, your realtor should be able to give you a tour to point out the home’s features. The realtor should be able to create a picture for you and your family if you decide to buy the home – by this, you can imagine where to place the children’s bedroom your home office, and whatever else you may need.

What Contingency Plan Should I Include in the Contract?

A real estate contingency plan is a must in any real estate contract. Real estate contracts contain contingency clauses that allow one or both parties to back out if certain conditions are not met, these conditions must be met for the sale to proceed.

What Negotiation Tactics Should I Use?

Your real estate agent should be able to give you guidance on how to negotiate the price of the home you are interested in. They will have a good understanding of the local market and what is a reasonable and realistic price for the home for both parties.

How Long Will the Process Take?

It is important to ask your real estate agent how long the process will take from start to finish. This will help you set expectations and plan accordingly.

Can They Refer you to Reliable Appraisers, Mortgage Specialists, and Inspectors?

A Dallas-Fort Worth realtor’s best asset is their network. A real estate agent should have a network of reliable professionals that they can recommend such as real estate appraisers who know the market inside out, and mortgage specialists who can provide financing options tailored just right to meet your individual needs. Another value proposition of an experienced professional realtor as it can save you time and effort in finding reputable appraisers, lenders, and inspectors.

What are the Next Steps?

After you have asked all your questions, be sure to ask your real estate agent what the next steps are and how you move forward. They will be able to guide you through the process, prepare the paperwork, and make sure everything is on track.

Asking your real estate agent these questions will help you have a successful home-buying experience. Be sure to take the time to find an agent that you can trust and that you feel comfortable working. This will make all the difference in the world. If you are looking for premier real estate professionals in the Dallas-Fort Worth metroplex, be sure to give Cindy Coggins Realty Group a call. Our team consists of experienced realtors that will guide you through the process and help you find your dream home. Contact us today to get started. Our Dallas-Fort Worth realtors are always happy to help.