How do you find the right Realtor for you? How do you know a real estate professional really knows what they are doing? You can’t rely on a great headshot or fancy car to confirm the success of a real estate agent.
You can however, rely on yourself to interview multiple candidates, and ask the right questions. When you ask specific questions, which are designed to trigger insightful dialogue, you can make your decision of whom to hire with confidence.
There’s plenty of real estate opportunities for everyone around here. Getting a license is the easy part, gaining knowledge, insight and experience which can help clients with their home dreams and needs, takes much more. My team and I are aiming to raise the bar of professional, compassionate service within the real estate market, so everyone can benefit. This is best achieved through consumer education.
One example to ask: “How do your average selling prices compare to actual selling prices?” You need not, and probably won’t find a Realtor® where these two figures match up 100%. Instead, this question can lead to an open discussion with honest candor as to why there maybe a range of actual selling prices lower or higher than what was listed. This question gives agents a chance to show their integrity through open and honest conversation.
Arming yourself with good information which can make an impactful difference will help you be happy with your home buying or selling experience. Discover what are the right questions to ask by downloading my FREE home seller report 20 Questions You Must Ask Your Next Realtor® Before You Sign on the Dotted Line for a complete list of questions to ask your real estate agent before listing your home for sale.
Interest rates for mortgages have been in fluctuation, especially with the latest tax reform laws passed and bond market ups and downs. These things and other economic influences impact the rise and fall of interest rates, sometimes from one day to the next. A higher interest rate means a higher mortgage payment. Once you have locked in your interest rate with your mortgage lender, you will know how much interest will be included in your monthly home payment. But this can’t happen until you go to your funding source with a home you’ve made an offer on.
How can you prepare and plan for an affordable payment without knowing what the interest rate will be prior to getting a loan for your new home? Applying different financial solutions to your monthly expenses can make a big difference. The folks at TTCU for example, can run a Credit Expense Analysis and review where you may be able to consolidate or refinance debt to lower your primary expense budget. If you’re paying less out of pocket when you find the home you want, chances are you’ll be better able to absorb a higher mortgage payment if interest rates have gone up.
The key is to watch the market regularly and know how interest rates are changing so you won’t be surprised. Keep ongoing communication with your lending institution. A good financial plan can help ensure you have peace of mind when you move into your new home. Visit www.ttcu.com to start the discussion of financial solutions for you and your family.
For real estate questions, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com