Interest Rates Archives - Prince & Associates Realty Group
 
Top Questions to Consider Before Selling

Top Questions to Consider Before Selling

When it comes to a buyer. Every single one of them is different. They are different in terms of their needs and their budget. While some may be forthcoming with information that will help a real estate agent finds the perfect home, there are other times where they will have to do some digging for key information that could make or break a deal on a home. By looking at the following, these are the top questions to consider before selling a property.

What are your plans for the property? 

This is an important factor to consider when showing each property. If they were to purchase, what plans would they have for it given the current condition? Depending on their answer, the changes could either benefit or hinder the buyers. The purpose of buying a new home/property is so that it can service them better than the previous area, and it is the real estate agents’ job to find that good fit for them.

If it is a business, what parts will be updated?

Specific to selling a business property, it is important to know what will be updated/changed because this could affect the negotiations in a deal closing. Knowing this information up front will be a great benefit for both parties, so that everyone will understand how the property may be alternated for future use. This is especially important for someone that might be buying the business outright because there are more legal matters involved.

Why are you buying now?

This answer gives the agent a better understanding of the buyer’s thought process for buying in the first place. For instance, if the buyer is looking to start a family, then the agent will most likely need to show homes that have more bedrooms than the previous needs. It is those types of situations that will bring the situation closer to a deal.

What is your budget?

Budget is a huge deal when it comes to selling property. This is the number one question to ask so that both parties are not wasting their time on potential places that are out of reach. Knowing the budget will help to narrow the search and give a realistic perspective on what the buyer can get with their money.

Are you working with a lender?

This is an important piece to add into questions about budget. Different types of lenders or loans associated with buying a home could impact the initial deal. For instance, if a great deal of money needs to be borrowed, this may make the purchase riskier and more untrustworthy.

What deal breakers are on your list?

It is crucial to know why someone will say no to a particular property. For instance, if someone owns multiple vehicles, the buyer may not say yes to a home that does not have a garage or set parking places. These types of needs must be considered before showing a home.

How many homes have you already looked at?

The agent needs to know how long you have been in the middle of the buying process. He will be able to better assess why those homes were not a match and can make sure not to show the same home twice. If someone happens to just be starting out, the agent may then supply more information to those who have not experienced purchasing a home before.

How long are you looking to live in the area?

This question will better assess the type of investment someone is willing to make on the home. If a buyer happens to travel consistently, they may not want a home that needs to have renovations considered. This person may also have a lower budget because of how long he/she will be staying in the area.

What is the best way to contact you?

New listings come as fast as they go. By knowing the best way to reach the client, more effective communication may be established. This will lead to a faster deal and ability to move into the home faster.

What is your ideal neighborhood?

This question will give the agent the ability to start looking at properties/homes that are located in either that neighborhood or one similar that will cater to those needs. It will create more of a narrowed search, giving the buyer more of what he/she wants up front.

Virtual Home Buyer Seminar

Virtual Home Buyer Seminar

Join us virtually for an informative Home Buying Seminar. The home buying process from A-Z! Bring your questions, We have answers!

Register in advance for this meeting:

https://us02web.zoom.us/meeting/register/tZUuceCupjMsEtSOEz3NBDQgYklOry9s8as4

After registering, you will receive a confirmation email containing information about joining the meeting.

Virtual Open House via ZOOM!

Virtual Open House via ZOOM!

Join us virtually for an exclusive open house!
Stunning Colonial in the Rockville Center school district. Boosting new kitchen and baths. This house is ready for its new owner, Gleaming hardwood floors, granite counters, ceramic tiles and a fresh new look.

Property: 1065 Long Beach Rd. S. Hempstead, NY 11550
Date: Saturday, April 25, 2020
Time: 2:00 p.m to 2:30 p.m

ZOOM LINK: https://us02web.zoom.us/j/84087015597?pwd=a2FxVzBnYXRteFo3YmhZdEdtNXBjdz09
Meeting ID: 840 8701 5597
Password: 636575

All buyers, neighbors, brokers, and friends welcome to join this live virtual tour!

Prince & Associates Realty
631-252-9539
Princeaar.com

Secrets To Owning A Home

Secrets To Owning A Home

When you are considering looking for a home, a home buying seminar can provide essential knowledge and advice on managing the home buying process.

Even if you have owned homes in the past, it’s helpful to review the process, terminology and products before you hop back into the market.

And if you’ve never purchased a home before, a seminar can help answer questions, concerns and fears that a lot of homeowners feel when considering the biggest financial transaction of their lives.

 

Join us on March 21st, where we will go over the home buying process from A-Z!

 

 

 

Register below: 

https://www.eventbrite.com/e/home-buying-seminar-tickets-98005652545?fbclid=IwAR2hLt2yOgC5TRk8mIxyw86tppuQzE5U32XRK8DhBOq68_Su_93n-7llYRw

 

 

The Cost of Waiting: Interest Rates Edition

The Cost of Waiting: Interest Rates Edition

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Heading into 2020, interest rates are projected to increase steadily.
  • The more money you will end up paying for your home and the higher your monthly payment will be, the higher your interest rate.
  • Rates are still low right now so don’t wait until they hit 5% to start searching for your dream home!

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