Being in the real estate business for a long time makes me somewhat of an expert. In addition to that, it certainly makes me competitive to say that there are certain things you must discuss freely with your real estate agent. So, whether you are a seller or a buyer, here are the topics that you must freely discuss and be on the same page with your real estate agent. If you fail to discuss some of these, you will soon see how difficult your life can get.
That is why if you want to make this whole process easier for you and your real estate agent, do yourself the favor and ask away! There should be no taboo topics and be open to discussion is one of the most important things you must get straight away.
It doesn’t matter whether you are buying or selling, you must discuss the price. It will make the job easier on your real estate agent, and it will boost your chances of finding the right buyer as a seller, or the right property as the buyer. If you want to create the mystique around your price range, then be prepared to wait a while before you get a serious offer.
After all, the matters of financial matter are the most important aspect if you are about to get a property sold or bought. Make sure you know your limits and make sure you discuss your finances with your bank and your family, long before you head out and discuss it with a real estate agent. It will save you much trouble in the future.
That being said, you must disclose the location honestly with your real estate agent. Some agents will come to the premises only to be surprised with what the client told them. Also, make sure your agent knows your location preferences if you are a buyer. This way you will save time for both yourself and your agent. If the area you wish to buy in is not available, make sure you open up your options to other possibilities.
Your real estate agent should be able to tell you what you can and cannot expect, but if you see they are not telling you something, ask them straightforward and emphasize that you want an honest answer.
How Low Will You Go?
Your agent will have to know whether you are willing to reduce the price or your standards, which is also something you could and should discuss before visiting the real estate. If you are willing to reduce the price, make it known to your real estate agent.