Purchasing a home is no easy feat, and is one of the biggest financial decisions of a person’s life. Many people look for help from a real estate agent with the required experience to guide them through the entire process which can be tedious at times. While there is no shortage of real estate agents in the market, the sheer number of professionals to choose from makes the process overwhelming. If you are looking for Washington DC luxury realtors, take a look at these simple tips to make the process simpler for you:
1. Get in touch with a lender
Many a time home shoppers hire a real estate agent before speaking with a mortgage lender. It’s always a good practice to talk to a lender to learn how much you can afford. Getting preapproved for a mortgage provides you with the maximum amount that you can borrow, allowing you to identify the issues that need to be worked on early in the process. This allows you to stick to homes in the right price range while showing potential realtors and sellers that you are a serious buyer.
2. Research potential candidates
Begin by examining the agent’s online presence and be sure to check his/her website and active social media accounts. Take a look at online reviews, and ensure that you overlook a few negative reviews – one too many, and that’s where you need to be able to draw the line. Also, be sure to check with the real estate regulator in your state to ensure that the agent you’re considering is licensed.
3. Interview agents
Interviewing an agent will help understand their style and experience as you are looking for one who is familiar with a particular area and understands your budget and needs. Take a look at their proposal and ascertain the effort they have put into it – the more they have, the more likely they are to invest in finding you the right house.
4. Take a look at the contract
The contract needs to outline the terms to which you have agreed upon inclusive of the real estate commission. Traditionally, the seller pays 6 percent of the sales price of the home as a commission with half going to the buyer’s agent and the other half to the real estate agent.
5. Request references
Ask the real estate agent to provide information on the homes they have listed and sold in the past few years, along with contact information for a few recent clients, at the minimum. Call those clients to find out their experience and the kind of support the agent provided right through the process, including during the negotiations.
The DC Team can help you find Washington DC luxury realtors with ease as their collective 25 years of experience guarantees that the house of your dreams is within reach! They can also aid with selling properties, credited to their extensive marketing and staging knowledge. Get in touch with them right away for all your real estate needs. Visit the website to learn more.