Home buying can be an emotional experience especially for first-time home buyers. The experience can bring out the best as well as the worst as far as home buyers are concerned. Even the composed and considerate persons can suddenly become obstinate and rude while looking for their dream home. After all, home buying is not something that you normally do on a daily basis. This is a major event and people tend to get excited and anxious when going through this process of buying their dream home.
Things can get more complicated when two or more individuals are involved in the buying process. Every member of the family may have their own version of what constitutes an ideal home. All these stress factors can affect your behavior and you may end up doing things that might antagonize the seller or agent.
Here are the essential "rules of engagement" that you must keep in mind when negotiating a real estate deal with a seller or real estate broker:
1. Be forthright in sharing basic personal information with the seller or broker. This shall include your name, contact number and address. It is also a must that you appropriately advise the seller or broker if you don't have a pre-approved mortgage. You must remember that the owner of the real estate property for sale has every right to know the basic information about you.
2. Don't take it against an agent when he refuses to show you a home that you are interested if you don't have a pre-approved mortgage. Real agents have the primary responsibility to offer the home for sell only to qualified home buyers. So, before you even think of buying a home, have yourself approved for a mortgage loan. Remember the basic rule that a person who is not qualified for a mortgage is not ready to buy a home.
3. Don't fail to register and provide correct and complete information when you attend an open house. This means that if you have an active contract with a buyer agent, make sure that this information is reflected in your registration sheet.
4. It is imperative that you set an appointment if you intend to visit and check the home for sale. Always give the courtesy of giving ample time for the occupants to prepare for your planned visit. Your advance notice shall be enough for them to set everything up and get out so that you will have unimpeded look-see of the home for sale.
5. Don't expect real estate agent to attend to you at short notice. Real estate agents usually follow a tight schedule. It is essential that you set an appointment with them well in advance if you want to view a home for sale.
6. Treat the home with utmost respect. It is alright to check out cabinets and closets. However, it is improper to open drawers, medicine cabinets, etc. You have to keep in mind that sellers are giving up some of their privacy once they put their property on the selling block. Give them the respect that is due them.
7. Don't forget to take off you shoes before entering a home for sale. Even if you are not used to taking your shoes when visiting someone else's home, good judgment dictates that you do so when viewing a home for sale.
Remember the golden rule when it comes to home buying - treat with utmost respect the seller, real estate agent and the real estate property. Once you take this to heart, you can never go wrong in your home buying activity.
Article by canadianhomefind.com Canada's most effective For Sale By Owner service. Click for more information on:
For Sale By Owner how-to Most Effective FSBO Programs Browse FSBO Listings
Loading...