Am I supposed to be present at the meeting?
Everyone who is an active part of the purchase decision must be present at the meeting. We highly recommend attending someone who has influence and veto power on purchase. Otherwise, it will waste a lot of time satisfying some, but never all, and you might end up going in circles.
Am I supposed to sign a contract before or during the meeting?
No, the main purpose of the meeting is to ensure that both parties feel to get along and work well together. Each party that visits your home is under no obligation to pay or enter into a contract for any purpose. Everything is finalized after the consent of both parties.
How many houses should I see before making an offer?
You should see as many as you need to make sure you find the perfect home. On average, homebuyers will see hundreds of homes online but will see ten homes in person before writing an offer. If you’re looking for a way to narrow your search, sign up for a personal buyer report.
How do you know if the property is a good deal?
While you will never know exactly how much a home is worth, your agent has been trained to use comparable properties to determine the exact price of homes. He or she will look for recently sold homes in the area similar to the one you are purchasing to ensure you are paying a fair price.
Are real estate commissions or fees negotiable?
Yes, the commission fee is negotiable. While any sole proprietorship or real estate agent may or may not negotiate what they charge, fees and commissions are negotiable from an industry perspective. Trust me when I say you should focus more on what the real estate agent will do for you instead of putting all of your focus on saving half a percent or more.