These Ten Powerful Questions Advise the Use of a Buyer’s Agent When Buying a
Home
A typical modern-day Internet-empowered consumer thinks they have access to
all the information they need to complete a home purchase decision all by
themselves. Bit, is this really true? Ten powerful questions suggest this
belief might not be completely correct. Frequently, potential home buyers don't
realize they’ll likely always receive a better outcome if they commit to working
with a qualified real estate professional. People considering shopping for a
home really ought to think about using an Accredited Buyer's Representative
(ABR) ® designated agent, like me, in order to receive a higher level of
service.
Here are the ten powerful questions potential Spokane home buyers like you
should contemplate and answer before trying to represent themselves:
- Do I possess the ability to access the best, most comprehensive databases
with the up-to-date information on homes for sale
in the Spokane region?
- Will I have sufficient time and resources to research the residential real
estate market as well as appreciate the ideal type of property to purchase
considering all my various needs and desires?
- Have I learned the skills to accurately interpret shifting market data?
(i.e. how will you collect and analyze the appropriate sales information,
pricing data, days on market, absorption rates among other statistics?)
- Will I be able to interpret the facts and data in a manner that will assist
in structuring an compelling purchase and sale agreement/offer with a realistic
likelihood of closing?
- Do I know how the Washington State Law of Agency provides protection for me
when it comes to my real estate transaction and the agency relationship? What
are the different levels of service agents provide and what is the advantage of
being a client over merely a customer? What rights and duties come along with
representation and who in the transaction is loyal to the seller versus the
buyer? In other words, have you really checked out the-value of formalizing a
buyer-agent relationship by employing a representative?
- Have I done the research to investigate the many types of home loan programs
currently being offered to figure out which one is best for my financial
situation?
- Am I familiar with the Washington State standard residential Purchase and
Sale Agreement and do I understand the various clauses in order to best prevent
making typical buyer mistakes?*
- Do I possess the desire and expertise to energetically negotiate on my own,
when sellers almost always have a real estate professional assisting them in the
negotiation process?
- Do I want to take the time and effort to locate a qualified, ASHI® certified
home inspector? What about various other qualified professionals that might be
needed in the real estate transaction?
- Have I reviewed and understand the different Spokane County zoning
regulations and building codes concerning residential real estate in the
neighborhoods I am interested in moving to? Do I understand the various land use
restrictions and how they might affect my plans to use or modify the property I
want to purchase?*
These concerns and many others will likely arise throughout the course of
completing your Spokane real estate
purchase. Employing a buyer's agent who has earned the Accredited Buyer's
Representative (ABR) ® designation (like me) will tremendously benefit to
Spokane home buyers in the current complicated and demanding real estate
market.
* Although many other buyers’ agents and I possess
extensive familiarity with real estate agreements, zoning regulations and
building codes, which enable it to answer many questions posed by prospective
buyers, I always recommend my clients check with their attorney when legal
advice is needed.
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