Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

Top 5 Things Real Estate Agents Wish Buyers Wouldn’t Do

Posted by Mastura Zaini-Roberts on Monday, December 25th, 2017 at 2:15pm.

The relationship you have with your real estate agent can set the tone for the entire home buying process. Your agent is supposed to help you find a property you can afford and work with the seller to negotiate the details of the purchase. But problems could arise if you’re on different wavelengths. If you want everything to run smoothly, here are five bad habits to steer clear of.

1. Being Too Nit Picky

Buying a home is a big financial commitment. And even if you want to get the best possible deal, you’ll need to pick your battles. If you’re trying to force the seller to agree to a minor contingency, you could lose sight of the big picture. And you could eventually lose the home you want altogether if the seller decides to find a buyer who’s less difficult to work with.

2. Not Keeping an Open Mind

When you meet with an agent for the first time, they’re going to want to know what you’re looking for in a home. They’ll use the feedback you give them to scout properties you might like and arrange for you to view them in person.

Ultimately, you can only buy one home. But that doesn’t mean you should dismiss properties at first glance just because they’re not perfect. If you’re overly critical of your agent’s choices or you refuse to look at the properties that don’t measure up, you could both end up frustrated.

3. Dragging Your Feet

The housing market is chugging along pretty steadily these days and home sales are moving at a fairly rapid pace. If you’re in a highly competitive market, hemming and hawing over whether to make a move on a particular property isn’t something you can afford to do. If you wait to put in an offer and the seller has other interested buyers, you could end up in a bidding war.

4. Undercutting the Asking Price

There’s nothing wrong with trying to get a good deal on a home, but it’s best to avoid shortchanging the seller. If you want a price that’s too low, the seller may be tempted to cut ties with you.

Real estate agents are trained to understand pricing trends and home values. So if they’re suggesting that you offer or counteroffer a certain amount, it’s a good idea to take their advice into consideration. Consider how you would feel if the tables were turned. If you were the seller, would you accept your low offer? If not, it might be time to make some adjustments.

5. Not Handling Your Responsibilities

As a homebuyer, you’re responsible for providing your lender with the paperwork he or she needs so that you can get access to financing. If you’re taking forever to turn in your forms or you’re postponing the appraisal, your actions could prevent the seller from moving forward. A delay could be particularly problematic if the seller wants to complete the home sale by a certain date.

The Takeaway

It’s important to make sure that you and your real estate agent are on the same page. If you know each other’s expectations, it’ll be easier to avoid bumping heads.

Mastura Roberts
(702) 710-3330
offers@greatlasvegashomes.com

Team Leader, The Tonnesen Team
Berkshire Hathaway HomeServices, Nevada
3185 St Rose Pkwy #100 Henderson, NV 89052

With over 30 years of experience helping families call Las Vegas "home!"

Related Blog Posts

Real Sellers Back in Las Vegas!

Just a quick update on the Las Vegas housing market inventory as of October 20th, 2012 - REAL SELLERS ARE BACK! For the past several months, the available inventory of single family homes in Las Vegas has hovered at right around the 4,000 mark, indicating that the supply is being snapped up as soon as it is listed. B...

Hello to Berkshire Hathaway Real Estate in Las Vegas!

Every year in March, Prudential Americana hosts a huge awards ceremony blowout to honor the outstanding agents in the company. There is a lavish breakfast, the mimosas flow freely, and our affiliated Home Benefits vendors display their wares and have the agents draw for prizes ranging from gift cards to rounds of golf....

The Tonnesen Team is sponsoring a great upcoming charity event that will benefit children’s cancer

The Tonnesen Team is sponsoring a great upcoming charity event that will benefit children’s cancer.  Kicking Cancer will be this Sunday, October 23rd beginning at 3pm.  It will be a fun game of FootGolf, which is soccer on the golf course.  There will be raffle prizes and food as well. ...

How to Handle a Low House Appraisal and Not Lose Your Dream Home

It's disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on. Your loan will cover only the appraised value of the home, so having to cover tens of thousands of dollars more than you anticipated could throw a serious wrench in the plan. Here's w...

5 Mortgage Tips If You’re Building Instead of Buying

One of the most challenging aspects of the home-buying process is getting access to financing. Securing a loan can be even more difficult when you’re planning to build a house from the ground up instead of getting a mortgage to purchase an existing property. If you’re building instead of buying the home of...

Leave a Comment

Have a Question?

Contact Us

Follow Us