Real Estate

Seller’s guide: 5 essential questions to ask your real estate broker

Using the services of a real estate broker means benefiting. from an invaluable ally throughout the sales process.  valuable assistance when numerous purchase offers arrive simultaneously. This real estate professional will be able to provide. You with sound advice so that you can select the best offer. The suited to your situation. Currently. you have probably noticed that it is not uncommon for a seller to end. up with more than ten purchase offers.

The small number of properties on the market partly explains this phenomenon. As it is proving quite difficult to sort through these multiple offers in this fast-paced market, we present to you 5 crucial questions to ask your real estate broker or commercial real estate appraiser to ensure you accept the best offer available.

Is the buyer represented by his own broker?

From the outset, we suggest that you check whether the buyer is dealing with a broker. Most buyers who retain Using the services of a real estate broker means benefiting. from an invaluable ally throughout the sales process.  valuable assistance when numerous purchase offers arrive simultaneously. This real estate professional will be able to provide. You with sound advice so that you can select the best offer. The suited to your situation. Currently. you have probably noticed that it is not uncommon for a seller to end. up with more than ten purchase offers.

Using the services of a real estate broker means benefiting. from an invaluable ally throughout the sales process.  valuable assistance when numerous purchase offers arrive simultaneously. This real estate professional will be able to provide. You with sound advice so that you can select the best offer. The suited to your situation. Currently. you have probably noticed that it is not uncommon for a seller to end. up with more than ten purchase offers. Quebec remains one of the only provinces where dual representation is still permitted.

Is the client prequalified?

Many people have seen significant changes in their financial situation since the start of the pandemic. Job loss, reduction in hours worked, compulsory stoppage of several weeks, are just a few examples of what could have had an impact on everyone’s finances. At the time a buyer submits an offer to purchase, a prequalification letter is usually attached to the document. Using the services of a real estate broker means benefiting. from an invaluable ally throughout the sales process.  valuable assistance when numerous purchase offers arrive simultaneously. This real estate professional will be able to provide. You with sound advice so that you can select the best offer. The suited to your situation. Currently. you have probably noticed that it is not uncommon for a seller to end. up with more than ten purchase offers.

Has the buyer visited the property?

Did you know that buyers submit purchase offers without even having set foot in the chosen house? Amazing, right? However, this happens quite regularly. Each time we post a property for sale, 1 or 2 offers to purchase without a visit are posted. So, make sure that all the parties involved in the transaction have visited the property to eliminate possible surprises at the inspection. As the buyer only discovers the characteristics of his future home following the report of the qualified building inspector, he could decide to withdraw and thus make you lose your momentum in the market.

A buyer who does not come for a visit demonstrates much less seriousness and the real estate broker will thus tend to set aside the proposed purchase offer. Visiting the desired property also remains very important during the negotiation so that the parties can discuss tangible elements.

Has the buyer ever withdrawn from a real estate transaction?

Using the services of a real estate broker means benefiting. from an invaluable ally throughout the sales process.  valuable assistance when numerous purchase offers arrive simultaneously. This real estate professional will be able to provide. You with sound advice so that you can select the best offer. The suited to your situation. Currently. you have probably noticed that it is not uncommon for a seller to end. up with more than ten purchase offers..

What offer do you recommend?

As real estate market experts, we guide our clients to the best deal available. The price is not always the key element to look at first. Several factors must be considered to evaluate the offer that will be best suited to the client. Don’t hesitate to ask your broker because he will be able to direct you to an offer that will protect your interests and with which you will be a winner. As this professional has already met with all the parties involved in the transaction, obtaining their opinion will greatly facilitate the sale process.

As seen above, 5 very specific questions are essential to ask your broker to guarantee the smooth running of the sale process and to select an optimal purchase offer. This expert will provide you with considerable support and will advise you appropriately for a successful transaction. Would you like to do business with an experienced real estate team? Contact us now to benefit from the high-quality personalized nationwide property and appraisal services.

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