Basics of Property Management: Screening Potential Tenants
4 Reasons To Hire A Real Estate Agent When Buying A Home
Jesse Obrien
Making the right home-buying decision can be a real challenge. There are many things you must consider, and you will likely have a budget you must adhere to, as well. One of the best ways to help you find the ideal place to live that will meet all your needs is by relying on a real estate agent to assist you. By knowing some of the reasons to hire this professional, you may be more motivated to do so.
Reason #1: Price guidance
Finding a home that you can afford and is worth the actual price listed can be tough. Your agent can help you determine if the price that's being asked for the home is in the right range.
Your agent can use a formula that takes in many factors to calculate the accurate amount per square foot of the home. Some of the factors that help determine this amount are the location and type of home you're considering.
Reason #2: Show you the property
You will want to see the interior and exterior of any home you're thinking about purchasing. This can be arranged by the professional you select to help buy the ideal place for you to live.
Taking the time to view the house in person is something you should do before placing an offer on it.
Reason #3: Providing professional advice
You're sure to have many questions along the way when you're trying to find the ideal place to call home. These may range from what's in the neighborhood to how much to offer for the property.
The good news is that a real estate agent can be extremely helpful in these areas and give you professional advice that you simply won't be able to find elsewhere. There are numerous decisions to make when looking for your new home.
Reason #4: Assist with closing
One of the more nerve-wracking times for any individual that is buying a home may be during the closing of the property. There is a lot of paperwork that must be completed and signed.
You will have the confidence you need when you have an agent to take part in preparing the paperwork and guiding you through the closing.
It's in your best interest to rely on the expertise of a person that has been professionally trained in buying homes. Be sure to schedule the time to speak to a real estate agent in your area today!
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For the last several years, I've used a property management firm to help with my rental properties. One of the tasks that they handle for me is screening applicants who would like to move into one of my vacant units. Their expertise has helped me lower my tenant turnover and find people who want to stay with me for years. Part of the process is a tenant screening credit check. Before any further contact takes place, my manager orders credit reports from at least two agencies. That is enough to tell us if an applicant is a good financial risk. Assuming the references work out, I meet the candidate and make the final decision. If you own rental properties, let me tell you more about the benefits of having a property manager. I'm betting you'll find this type of arrangement will work for you too.