on Tuesday, February 7th, 2017 at 9:41pm.
1. To View A House, ANY House
This innocent action can end up causing a ton of headaches in the long run.
Why? Well because, as a Buyer, if you end up wanting a home that you visited without your Agent; then you may be forced to work only with the Agent who made the home available to you at the time. Therefore forbidding your own Agent, who has your best interests at heart, from entering negotiation on your behalf. Putting you to fend for yourself in a situation where you love a home but have zero leverage in negotiations.
Do everyone a favor, and just call your Agent. That’s what your Agent wants, is for you to call them for anything and everything regarding the Home Buying and Selling Process.
2. Researching Home Value
Are there dozens of online websites that will tell you the value of your home? Yes.
Are any of these websites 100% accurate? Absolutely not.
And here is why…
Every home, including yours, has a specific value and worth. Specifically, because a generic database equating your "home value" doesn't consider two enormous factors. The first being the interior upgrades and improvements you've made to increase the value and the second being the market of your neighborhood. Without these pieces of relevant information, how can anyone think that these numbers generated by a website calculator are remotely accurate?
That would be a terrible way to start off your Home Selling process, with inaccurate data.
Your Real Estate Agent will be more than happy to get you the exact value of what your home is worth and more importantly, what you can price it at. Don't leave money on the table with an inaccruate home value.
3. On Upgrades and Improvements
A Real Estate Agent will never debate with you over making solid, much needed upgrades or improvements to your home.There's no doubt that such improvements will increase the value of your home.
But the key here is allocating your modifications in a way that will optimize your return.
Home Improvements (if you're Selling) are meant to increase your Asking Price, thus increase your return. If you are blindly spending on improvements that will not generate a profitable return, then you're essentially flushing money down the toilet.
Don't make $20,000 in upgrades that will only bump up your asking price by $11,000 - don't make this mistake.
Best thing to do?
Pick up the phone or email your Agent.
4. On Having Your Credit Checked
There are Soft Credit Checks and there are Hard Credit Checks - your Agent will know the difference between the two.
But do you?
Or do you trust the person, business or group that's running your credit to be knowledgeable and truthful enough to tell you?
What should be remembered here is that your Agent will be able to tell you if a specific Credit Check will affect your current standing to acquire a New Home. And this is important, especially in escrow. Generally, try and avoid such a situation but if you must run your credit...call your Agent first. That way you both can make a sound decision while weighing out the Pros and Cons.
5. Anything Involving The Sale/Purchase of Your Home
Before you do anything, really, call your Agent.
There are just so many things that can be overlooked, misunderstood, unintended and just flat out forgotten - that it is almost silly to not just run things by your Agent. That is what they are there for, seriously, to answer your questions and help guide you through the Home Buying and Selling process.
So go ahead, “bug” them, they’ll love you for it in the end, I promise you.