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Update Dallas | A central hub for market and real estate news affecting the Dallas region.

A central hub for market and real estate news affecting the Dallas region.



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5 Questions to Ask Your Real Estate Agent

August 6th, 2012 | by The Update
3617 Euclid Avenue- Briggs Freeman Sotheby's luxury home for sale in Dallas Fort Worth-living

(Inman News) In this day and age, one can easily get educated about homebuying online, on your couch and in your pajamas — and while watching “House Hunters International,” no less! Yet there are still nuances and insights on the process that are best communicated one to one, from a human professional who has been through this process dozens or hundreds of times.

1. Do you know a good mortgage broker, inspector, stager, painter, CPA, etc.? The NAR survey showed that 46 percent of buyers thought they got a better list of service providers from their agent than they could have come up with otherwise, and 20 percent found their agent’s mortgage provider referral to be a benefit. Local agents simply know people you don’t, and they have worked with them enough to know who gets the job done, well, and who doesn’t.

To boot, vendors that work repeatedly with your agent may offer you faster turnaround times, discounted pricing or other VIP treatment you wouldn’t get on your own, like doing an especially great job because they want to continue getting business from your agent.

2. What should I expect? Managing your expectations is essential to having a smooth homebuying experience, especially when it comes to the recurring themes of timing (e.g., how long something will take, when you need to do something, and when you can expect various milestones to happen) and cost.

 This particular question and its cousins, “What happens next?” and “What’s the margin of error on this cost estimate?” are questions you can and should ask over and over again, from the day you first “interview” your prospective agent, to the moment you sit down at the closing table.” – From inman.com

 

Click here to see their complete list of five important questions to ask your real estate agent. Visit briggsfreeman.com to find top producing realtors.

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