Dealing with estate agents? Here are some tips
Buying a home is one of the biggest investments that any person will make during their lifetime. If you are buying a new house and dealing with estate agents, here are some tips to keep in mind:
- Choose a reputable estate agent: Look for an estate agent who is registered and who has a good reputation in the industry.
- Ask questions: Don’t be afraid to ask the estate agent questions about the property, the area, and the buying process. A good estate agent should be knowledgeable and transparent and should be able to provide you with clear and honest answers.
- Do your own research: While estate agents can be a valuable source of information, it is important to do your own research as well. This includes researching the area, the property’s history, and any new or planned zoning or land-use restrictions that may apply.
- Obtain the List of Defects: Before making an offer, obtain and review the defects that are identified by the seller. This should influence the final, negotiated price.
- Review the Offer to Purchase with a Conveyancer: It is important to review the sale agreement carefully before signing it. Obtain legal advice on all the terms and conditions. Ensure that all terms are clear and acceptable to you, and that there are no hidden costs or obligations.
- Retain a copy of the Offer to Purchase: Ensure that the estate provide you with the completed and signed Offer to Purchase agreement. This will help you to review the conditions of the contract and ensure that all parties keep to the signed agreement.
- Negotiate in good faith: While it is natural to want to get the best deal possible, it is important to negotiate in good faith and to be reasonable in your expectations. Remember that the seller is also entitled to a fair price for their property.
It is advisable to obtain legal advice from experienced conveyancers such as Julies Attorneys Inc., who are skilled and experienced conveyancers.
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