Purchasing real estate in the Brookside area—it can be one of the biggest, and hardest, decisions of your life. Finding the right home for you and your family takes months of researching, open home visits, and deep thought.
How can you be sure you find the right home?
One of the best ways is to work closely with your realtor. If you know the right questions to ask a realtor about a home, it will make the process easier and less stressful.
Before making an offer on a home, keep reading to find out the key questions you should always ask your realtor.
One of the Top Questions to Ask a Realtor—Are You Local to the Area?
Always ask a realtor if they are local to the area. Why, you might wonder?
You want a local realtor who is passionate about the local community and knows it inside and out, not someone who just commutes in for the job.
A realtor who knows the area can accurately advise you on the local schools, the best restaurants in the area, (such as Slim’s Noodle Bar, Oddfellows Tavern, Midtown Creperie, and Ave on the Mile) parks and recreation facilities, safety, and even traffic.
Having a trusted realtor is even more important if you’re moving into the area from far away and aren’t familiar with the neighborhoods.
How Long Has the House Been on the Market?
An important realtor question to ask is about the length of time the home has been for sale. If you’re interested in a particular home, it’s helpful to know how long the home has been on the market.
On average, it takes 65-93 days for a home to sell. If a home has been on the market for much longer, it’s helpful to know why.
Is the asking price too high? Are there structural problems or safety code violations that require expensive repairs?
You may also want to ask if the sellers have lowered the price at all since it was first listed. If so, they may be eager to sell and may consider a lower offer than the listed asking price.
Why Are the Owners Selling?
It’s always helpful to find out why the owners are selling. Are they relocating for work, family reasons, or change in scenery, or is it because they’re no longer happy with the home or the neighborhood?
Although it can be tough to find this out sometimes, it provides great insight into their motivation for selling.
What Will My Closing Costs Be?
If you’re buying a home, you know that the purchase price isn’t the only cost associated with the sale.
You’ll need to consider closing fees, your home’s mortgage, home inspection fees, and insurance. Look for a realtor who understands all of the costs that go along with buying a home and can advise you on what to expect—especially if you’re a first-time homebuyer.
Your realtor should talk you through what to expect when it comes to closing costs and fees and should guide you through the process, from start to finish.
If you feel your realtor isn’t taking the time to explain costs or the closing process, they may not be the right realtor for you. You want someone who treats you with care and concern, not someone who just sees dollar signs.
How Long Have You Been in Real Estate?
Experience matters in real estate, as it’s a complex industry that takes years to fully understand.
Don’t be afraid to ask your realtor how long they’ve been working in the field and how many years of experience they have.
Although everyone needs to start somewhere, it’s helpful to work with an experienced realtor who can use their skills to help you find the perfect home for your needs.
If you are working with a newer realtor, look for one who is backed up by an experienced team, to ensure your purchase is handled as best as it can be.
What’s the Median Sale Price for the Brookside Area?
Before making an offer on a home, it’s good to know what the median sale price is for similar homes in the area.
You want to make sure you’re paying a fair price, but you also don’t want to overpay. By knowing what other homes have recently sold for, it helps you decide how much to offer for the property.
Do You Have Local References?
References from recent clients and online reviews are important for any business. In fact, 88% of people trust online reviews as much as they trust a personal recommendation from a friend.
However, this is especially true for real estate, since purchasing a home is one of the largest purchases most people will make. You want to be sure you’re working with the right person, so take the time to read reviews and references from previous clients.
Either ask your real estate agent if they can provide testimonials from recent satisfied clients, or search online through sites like Yelp and Google Reviews to get a better understanding of the company.
Contact Us For Your Brookside Real Estate Needs
Purchasing real estate is exhilarating and rewarding, but it can also be stressful, especially as a new buyer. To make things easier, use the above questions to ask a realtor to make sure you get all the information you need before making an offer.
If you’re looking for a home in the Brookside area, contact us today. Realtor Lance McHan has a wide range of listings across neighborhoods including Stockton, Lodi, Linden, and Morada, so there’s sure to be a home that’s right for you.
Our friendly, knowledgeable team is glad to answer any of your questions and talk through the buying process in more detail. We look forward to hearing from you and helping you find your dream home.