The list of questions to ask an estate agent when viewing a property is endless. It can be quite daunting, especially if you haven’t done it before. However we have put together a few pointers to get you started – pay attention to the last one, as we feel this is the most important question to ask.
We don’t see the benefits from selling a property dishonestly. We like to reassure both our sellers and our buyers that we are always honest and upfront. Therefore, we love it when you ask us the right questions when buying a property, so we can be sure it is the right one for you!
Don’t forget Campbells also provides a buying service to our sellers whereby we can represent you when buying a new home. To make it as stress free for you as possible!
It is important you ask lots of questions when you come to buy your property because after all it is a valuable asset! If you buy a property without knowing everything you need to know then you’re effectively gambling your chances which isn’t a good idea!
Take a quick look at these questions the team has prepared and make sure you ask your agent next time you view a property!
1. Why is the owner selling?
This is an important question to ask for a few reasons. For example, there might be something wrong with the property OR there might be something wrong with the area. Although any respectable agent wouldn’t hide things like this, as a buyer, it is also your responsibility to make sure you find out things like this.
However, on a more positive side, it might give you piece of mind knowing that there isn’t any particular reason, they might just be looking for a new property to suit their needs.
Remember some agents may be skeptical about you asking this question so be careful or of course, they may just not know!
2. Exactly what is included in the sale?
It is important to know what is included in the price you are paying, for example:
- What appliances in the kitchen are staying
- What land is yours and where exactly are the land boundaries?
- Who owns which fence?
- Are there any rights of way?
- Is the garden shed or greenhouse included or what about any other fixtures or fittings?
3. How did the agent come up with the asking price?
A respectable Estate Agent will be happy to tell you what they took into consideration when they did the valuation of the property and their justifications as to why they came to the price that they did. You can then make a judgement on this.
While you’re at it, you could also ask about other properties in the area that they are selling and what the prices are for them.
4. How much will your tax be?
Don’t forget to consider council tax and stamp duty tax when buying a property! Despite these costs only being small compared to what you will be paying for the property itself, some taxes are still reoccurring costs and is something that should be taken into consideration
You also have an legal fees that you should take into consideration!
5. What can they tell you about the local neighbourhood?
A good Estate Agent will also sell you the local neighbourhood not just the property, after all, you’re going to be living with your fellow neighbours for a good few years to come so you want to make sure you are in an area that you are comfortable in.
Ask about the local schools and what catchment area the property is in, if this is relevant to you.
Try and see if you can find out what the local neighbours are like, a good Estate Agent would have already asked these questions while talking to the Vendor.
6. Ask the agent what would they like to know about the property if they were buying.
Just be honest! Ask your agent what they would like to know if they were buying the property and get them to answer the questions for you! They are there to help you and will likely be happy to give their own opinion!