Buying a home is such an important step. Among the many decisions you’ll make, choosing who you will work with during your search can not be underestimated! A realtor that understands your needs and the particular challenges of military life can be a powerful ally in creating a positive home-buying experience.
With the frequent moves of most military personnel, it’s easy to be bombarded by shiny postcards and toothy grins on real estate billboards. But expensive advertising doesn’t tell you much about what that realtor can actually do for you. When it comes time to buy your next home, create a list of potential realtors to interview before making a decision. Taking a little time at the beginning of your home search to find the right fit will pay off in a smoother home buying experience!
Once you’ve made your list from friend’s recommendations and a little research, ask each of your realtor candidate these 5 questions.
How much will your work cost me and how is it determined?
Buying a home is an investment – an expensive one. Discovering at the last minute that there are realtor fees you did not anticipate can be a nasty shock to the system. Establish up front exactly what any realtor related expenses are, how they are determined (commission vs. flat rate) and when they are due.
How has this market changed in the last 5 years?
With the draw down, changing troop assignments and natural economic fluctuations in the market, the housing market around military installations has evolved in the last several years. Your realtor should be able to knowledgeably discuss the changes with you and be able to articulate a strategy to navigate those changes in the search for your next home. This will highlight a realtor’s experience and professionalism – both indicators they have the solid foundation to help you effectively.
Learn more about Home Captain Realty.
What do you expect of me to make this go smoothly?
Each realtor will have their own workflow and preferences. Making sure that their process is a good match for your needs, schedule and preferences lays the ground work for a productive realtor-buyer relationship, especially if you will be shopping long distance. Ask your realtor candidates whether they prefer to communicate digitally (text, email), by phone, or in person and how frequently they will expect to speak with or see you. How quickly will they expect you to make decisions/respond to their questions? Compare the answers from different realtors and consider your resources.
What advice do you have for a buyer planning to use a VA Loan?
Having a realtor familiar with the VA Loan process puts one more plus in your corner. Even if you have not decided for sure whether you will be using your VA Loan benefit or not, it’s a good option to have. A realtor familiar with the VA Loan Appraisal process will be better able to help you identify homes that may have issues that need addressing before a VA Loan will be approved, thus saving you time, money and energy.
Doing these 5 things will prove to be well worth it!
We want to know:
What do you look for in a realtor?