A 2018 survey conducted by the National Association of Realtors asked home buyers about their .
While most talked about the difficulty of finding the home they loved at the price they could afford, another concern stood out- not knowing and understanding the process involved in purchasing a home. This especially true for millennials.
They don’t know what happens first, next, and next leading up to closing. And, since they don’t know, they worry from the time they begin the search until the closing is complete.
My advice: Take time to interview an agent before choosing someone to represent you. The agent you choose should be willing to explain the process and to answer any questions that arise during that explanation. They should also be willing to repeat it if you didn’t understand the answer, and to keep you informed at each subsequent step.
If an agent is “too busy” to take the time for that, consider them “too busy” to earn your business.
By the time you sign the purchase agreement, you should know how many days the seller has in which to respond. If the seller presents a counter-offer, you should know how much time you have to consider your response, and your agent should be willing to consult with you as you come to that decision.
Time is of the essence during a real estate transaction, so your agent should keep you well apprised of the time limits for inspections, your response to inspections, appraisals, etc. And of course, he or she should be working with you to see that those things happen on time.
What about sellers?
Aren’t sellers also concerned and worried? No one enjoys uncertainty. That’s why listing agents should be just as willing to explain things and keep their clients informed.
If you’re thinking of buying or selling a home here in Delaware you can call me.
I promise to explain the process, to answer all of your questions, and to keep you informed. In addition, I’ll respond promptly to your calls, emails, or texts should another question arise.
If you’re buying or selling anywhere else – do take the time to determine whether the agent you choose will take the time for you.