Created : 11 Jan 2024
Updated : 11 Jan 2024
Buying a house through an agent, which is better? What are the steps?
Buying and selling a house is a matter that requires studying a lot of details. If you don't have knowledge or experience, buying a house through a broker Thus increasing convenience. and confidence As a result, we have good consultants with expertise to help in every step. Reduce problems that will occur During various operations If you do it yourself even though you have no knowledge Especially buying a second-hand home requires checking the reliability and condition of the home or coordinating operations that are complicated. Buying a second-hand home through an agent is therefore another interesting option.
The role of the broker Buying a house through an agent Brokers act as intermediaries between buyers and sellers of real estate. Is responsible for helping sell houses or condos to homeowners. or provide real estate to those interested in buying A good agent must be able to find, select and recommend the property you want. Both in terms of budget and location, helping to take care of those interested in buying. Take a tour of that real estate. As well as negotiating and preparing various documents on your behalf.
Qualities of a good broker
-Have knowledge about real estate and the area if you want to buy a house through a broker. The main thing that a realtor needs to have is expertise in the area and type of property.
-It is reliable because of buying and selling real estate. That is directly related to various legal matters. If something goes wrong, it can cause serious damage. Buying a house through an agent Therefore, you should choose someone who is knowledgeable about all related processes and laws. It must also be transparent and trustworthy.
-Experienced, a good broker Not relying only on real estate knowledge and the law alone But experience is very necessary in trading, negotiating, and brokers with longer experience often have an advantage in this regard. -Get to know other broker networks. Brokers with a wide network spread across different areas. Those people will have more expertise in selecting real estate in each area to suit the needs of buyers than people from outside the area.
-Personality since you will be working closely with your recruiter over several weeks or months. The agent you choose should be someone you can trust, talk to, listen and understand the conditions for buying a house according to your needs.
How to buy a house through an agent
1. Create a Contract Most professional brokerage firms will have a standard format contract in place. You should read the contract carefully. Check the information and conditions carefully. Especially the details of the broker. Real estate for sale Broker compensation Contract period Conditions or exceptional cases that cause compensation to be paid Because some conditions may have terms that are different from normal. However, the broker or agent contract Real estate is a necessity. If you don't make a contract, there may be various problems. This can happen because of the lack of clarity regarding the broker's remuneration and duties.
2. Evaluate the ability to pay in installments for buyers. First, a realtor will help you estimate how much money you can afford to borrow to buy a home. And which second-hand house or condo in the price range is suitable for you? Including calculating monthly home installment payments. To find the most suitable securities for buyers to choose from. The principle in choosing the desired area is to consider the most necessary things first. is the location and style of the house or condo you want to narrow down the options.
3. Choose a property and request a Pre Approval. The Pre Approval that the broker submits to the bank is an evaluation from a financial institution whether you have all the qualifications to buy a house or not. When the Pre Approval is submitted, we will know that the bank will let us get a home loan. How much is the highest price? for use in purchasing a house
4. Realtors take you to see the house when you get a house or condo that you're interested in and want to go see in real life. The realtor will be the mediator and arrange an appointment between the buyer and seller to view the house. The agent will be responsible for facilitating the viewing of the house. For buyers, if you find a house you like, don't forget to inspect the condition of the building. To make sure the house is in perfect condition. no damage or have other structural problems
5. Make a bid and negotiate the price once you've chosen a house. The broker will act as an intermediary to help negotiate the price between the buyer and seller to reach a price that is satisfactory to both parties. Once the price has been agreed upon Buyers will be able to put down an initial deposit to reserve their home or condo. and prepare to continue trading The broker will prepare the documents for transfer and mortgage. Until coordinating with the bank in the loan application process.
6. The commission payment will only occur once the home or condo purchase has been completed. Most companies will charge 3% of the price, while the finer details will be according to the contract agreed upon from the beginning.
For people who don't buy and sell houses or condos often. You may not have enough knowledge and time to handle this matter yourself. Brokerage firms are an easier option because they have the expertise to help manage the trades. Or if in the end we don't buy or sell real estate? as desired We don't have to pay a commission. Because the broker will collect the commission only after the sales contract has been completed.
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