Estate Agents Tip: How to Get the Best Out of Your Estate Agent | Phil Spencer's Top Tips
We all know that buying a home can be stressful! But, in this latest video, Phil shares his top tips to make the process easier.
Here’s how to get the best out of your estate agent.
1. Build a Rapport
Having an estate agent on your side has a number of benefits. For example, you can get early information on the best properties.
Find out more on how to build a good relationship with your estate agent here:
2. Be Careful How Much You Let Slip
Even if you have a good relationship, always remember that estate agents work in sales. A big part of this revolves around winning your trust.
Estate agents will take you to places outside of your budget hoping you’ll fall in love with it. In fact, studies show that 70% of buyers spend 20% more than they planned to. Some agents even have certain targets to meet!
3. Ask Plenty of Questions
It’s up to you to ask the right questions to help you find the house for you. What are the weaknesses of the property you’re being shown? Find out before agreeing to a viewing! This should help make sure you’re not wasting time.
If you feel your estate agent is being dishonest or keeping something from you, ask them directly. Alternatively, ask the seller or your solicitor.
Bear in mind that, by law, estate agents have to answer a direct question. So, don’t ask – don’t get!
4. Confirm in Writing
Laying a paper trail should help prevent any discrepancies or misunderstandings. If you’ve been told something, always follow up in writing.
Read Phil’s full article on getting the most from your estate agent here:
Having trouble choosing an estate agent? Here’s our advice:
Remember – when buying a house, knowledge is power! Arm yourself with all the facts before embarking on this journey. From start to finish, you can find everything you need to know over on our site:
Need a solicitor to help guide you through the house buying process? We can connect you with one here:
Do you have any advice to share? Let us know in the comments below!
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