Sharing information is an important part of real estate transactions.
Property Management Communication: Sharing Goals and InterestsConsider your long term goals. You’ll need to understand and share your objectives in buying or selling a home. Discuss with your agent whether this is a long term investment or if you’re planning to live in the home only for a year or two. Discuss how soon you want to move.
Your agent also needs to understand your interests. Those interests will dictate the location of the home you buy, and whether you want to be close to your work, in a specific school district, or near certain amenities. Prioritize what you’re looking for when it comes to selecting a home.
Property Management Investment ChallengesIt’s not always easy to buy or sell a house. Even with good credit, you may have some hurdles when it comes to getting financed. If you’re selling, you need to make sure you’ll be able to earn enough of a profit off your house. Talk to your agent about your credit score, and what you have for a down payment. Get prequalified by a lender.
Real Estate Transactions and PreferencesYou may have certain things in mind that you need in order to be comfortable in the home you buy. Discuss with your agent what you want, including the size of the home you need and the type of architecture you prefer. Maybe you’ll want a single level home or a three story townhouse. Decide whether you want a large garage for all your cars, or a home that’s in a walkable community.
Every decision has pros and cons. Talking through every side of a question or consideration with your agent will help you truly understand the process. You’re not just buying a home; you’re buying an environment. Good communication with your real estate professional will help you meet your goals and avoid disappointment.