Questions to Ask & Tasks Performed as Buyers Agent
Questions to Answer:
1) Where do you want to live? Are there particular neighborhoods or communities that you like?
2) What kind of house would you like (need)? Are you looking for a particular style? How many bedrooms and bathrooms do you need/ want?
3) Is a home office a necessity? Do you need a bonus room or flex-room? Basement?
4) Do you entertain often? Is a home suitable for entertaining something you’re looking for?
5) Do you want a yard (how much acreage), pool, gated or guard gated community?
6) Have you determined your price range or consulted a lender to determine the best price range?
Prior to Making an Offer
1) Refer lenders to buyer if needed to secure the best rate and prices as well as ensure buyer is conditionally approved
2) Contact Lender and secure pre-approval letter
3) Set up MLS search for auto updates
4) Keep an eye on “Coming Soon” listings via emails from agents
5) Show homes—while showing homes, it is my job as an agent to look for items that appear outdated or needing repairs, as well as point out any details which may enhance or hurt the property value
6) Review Maps of Home and review what is located nearby (ex. Train tracks, airport flight path, highway, proposed roads, schools, etc)
7) Run a Full Market Analysis of home comparables
8) Review HOA disclosures (if applicable)
9) Review Seller Property Disclosures and Mineral Rights Disclosure
10) Check Insurance (flood zone if applicable)
11) Review any potential building permits
12) Assist in offer price on home considering potential repairs needed and comparable home pricing
13) Write and review the offer to purchase and advise on negotiated items (ex: due diligence money, due diligence time period, earnest money, closing date)
14) Negotiate back and forth until offer is accepted
Once Offer is accepted
15) Deliver Due Diligence check from Buyer to Seller
16) Schedule Home Inspection and other inspections as needed (ex: radon, septic, pest, etc)
17) Send offer to Lender and Attorney
18) Schedule Appraisal
19) Schedule survey (if applicable)
20) Review inspections together and needed home repairs
21) Negotiate repair list based with seller
22) Communicate with and Schedule Closing with Attorney
23) Order Home Warranty (if applicable)
24) Provide Contact Phone numbers for Utilities
25) Assist with contractors—repairs, upgrades, movers, carpet cleaners, house cleaners, etc
26) Schedule Final Walk Through(s) Prior to closing (1-2)
27) Review Final Closing Statement, answer questions, make necessary changes
28) Attend Closing at Attorney’s Office and Provide Keys to your NEW HOME!!
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