Real Estate Market

Questions to Ask your Estate Agent


November 5, 2021 • Fenny Peiffer

Questions to Ask your Estate Agent

Buying a home is a very big deal. It is also a very risky venture especially you don’t ask the right questions. Real estate agents are bound by law to answer honestly. So, when you are considering buying a home, make sure you have a prepared list of questions. Here are some questions you can ask your estate agent.

What is the Reason for the Sale of the House?

Although this question does not require the estate agent to answer, he or she will give you a clue. And, if you are lucky, you may find out that the owners are desperate to sell because they are moving or in need of emergency finances. This will enable you to quote a lower price for the house.

What is Included in the Sale?

Many people do not ask this question of their estate agents, and later, after signing on the dotted line, find what they thought was their gardening shed is, in fact, their neighbors! Always ask exactly what is included. Is the greenhouse included in the sale? Where is the boundary line? Make sure you see everything included in the sale. This way, you can avoid unpleasant surprises.

How long has the Property Been on the Market?

Houses that have been on the market for a certain period (more than three months) may not be selling for a reason. Ask your estate agent about this. On the plus side, if the house has been on the market for a long time, you can always quote a lower price.

How long have the Owners lived in the House?

If the owners are moving out after a short time, you need to know the reason. There could be something wrong with the house or there could be something wrong with the neighborhood.

How many times has the House Been on the Market?

There has to be something wrong if a house has been listed on the market many times. You need to find out about this before you consider buying the house. Why did the previous owners move out? You could try to get in touch with a few owners and find the reason.

You are about to make a huge move. Therefore, you need to know exactly what you are getting. So, consider asking these questions before you sign anywhere.

This article is by ActiveAdultLiving.com®, the website where you find your dream home in a dream community.

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