The process of buying a home, especially for first-time buyers, can be and often is complicated, confusing, and littered with legal complexities. And that, of course, is one of the main reasons real estate agents exist. Buying a house is, most of the time, just too much for the layman or neophyte to tackle unassisted. But not all agents are created equal. You need to know what makes a good agent and what she can bring to the table. So take a look at these 5 things you should expect from your agent when buying a house in Somerville.
1. Frequent and Easy Communication
As with any relationship, business or otherwise, when buying a house in Somerville, you should expect from your agent a willingness to communicate frequently and through channels that make it easy for you. A lack of communication is usually a bad sign and can lead to an angry buyer firing his agent. When you set out to purchase a home, you should expect frequent communication, whether by phone, text, email, or in person. A top-producing buyer’s agent should at least acknowledge receipt of an e-mail, text message, or phone call within a few hours of receiving the message.
Frequent communication with your real estate agent is especially important in a competitive market like Somerville, where properties are sometimes on the market for just days, in order to stay ahead of the competition and snatch up the good deals first. A good real estate agent will contact you whenever she comes across a new listing that might be perfect for you. You should also expect your agent to let you know when a home you’re interested in is getting a lot of interest and activity.
2. Mastery of the Latest Technology and Techniques
Another thing you should certainly expect from your agent when buying a house in Somerville is a good deal of technological savvy. Almost daily, it seems, new real estate apps, programs, and various gadgets are introduced, and your agent needs to be up on all this.
One example of this technology your agent should be conversant with is digital signature software, which allows a real estate agent to obtain signatures without having to physically meet with a buyer. At Next Home Titletown Real Estate, we use DocuSign, which is a simple way to gather signatures through secure email. We find that most home buyers have very busy schedules, and this can eliminate a delay in getting signatures on a required document and also expedite the transaction and help avoid potential delays.
3. Professional Network and Business Connections
You should also expect from your Somerville real estate agent a broad professional network with plenty of valuable business connections. Buying a house involves many more professionals beyond just your agent. You will, for example, have to call on mortgage consultants, inspectors, appraisers, real estate attorneys, and more. You should seek out an agent who has a network of top-notch professionals she can call on when the need arises. We have a ton of vetted and awesome local connections throughout Massachusetts.
A good agent will have a roster of highly qualified professionals to hit up when their services are called for. This can be a huge timesaver because you won’t have to locate and then vet them yourself. But it can also help you avoid costly missteps. Using connections from our network, for example, will allow you to use an inspector who won’t overlook problems with the property that might cost you a ton in repairs.
4. Knowledge of Somerville and Search Skills
In addition, when buying a house in Somerville, you should expect from your agent a solid grasp of the local markets as well as the willingness and ability to help you refine and target your search. Davis Square, Winter Hill, East Somerville, Teele Square – at NextHome Titletown Real Estate, we know Somerville well!
Local-market knowledge will allow your agent to fully understand pricing and appreciation/depreciation trends along with an inside track on listings that are coming up. Perhaps more important, though, is your agent’s search assistance.
House hunting takes a lot of time and effort, and, still, you’ll have to make some compromises and concessions because seldom do expectations and desires perfectly match up with reality and availability. “One of your realtor’s key jobs,” according to the pros, “is to help you clarify what you want most, and find you options that meet your specifications as much as possible. The best real estate agents are going to counsel you on location, neighborhood, school, and other factors.”
5. Negotiating Expertise
Finally, you should definitely expect your agent to have an abundance of negotiation expertise. One of your agent’s main tasks is to negotiate the best price possible for you and get you the most favorable concessions. Skill in this area is what really makes a top-notch real estate agent.
A good agent will analyze the market and the corresponding value of the home to see how it stacks up against the prices of comparable homes in the area and then try to get you the best value price-wise. And a prime ingredient in getting that great price is that critical initial offer, about which your agent can advise you. And then your agent should be able to help you successfully navigate the negotiations process, especially when the seller comes back with a counteroffer.
These are the basic agent must-haves, but they are by no means everything you should expect from your agent when buying a house in Somerville. You can expect these 5 things and so much more from our agents.
Find out how our agents can help you purchase your house in Somerville. Contact us today at (617) 657-9811.
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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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