For the vast majority of people, choosing to buy a house is a momentous decision and it’s not one anyone wishes to regret. However, with so many choices to make throughout the process, it can be all too easy to slip up. There are a number of common mistakes people make when buying a house without a property finder, three of which we have outlined below. With years of experience behind them and a strong depth of local knowledge, property finders are firmly aware of which pitfalls to avoid and where opportunity lies.
Mistakes People Make When Buying A House Without A Property Finder
Failure To Prioritise
One of the first stages of working with a property finder is to come together to create a brief which outlines what you’re looking for in a property. We find that this process helps to concentrate minds, encouraging our clients to think critically about where their priorities lie. For example, would they be willing to compromise on location in return for greater outdoor space? Having the property finder involved during this initial discussion allows them to provide some early feedback on how realistic your expectations are.
The mistake people make when buying a house without a property finder to help, is not taking the time to go through this exercise on their own. Instead, there is a tendency to sign up to view multiple properties and go through a process of elimination before settling on key features. You can certainly still find your ideal property this way, but it will take more time. Working with a property finder, they can ensure that the only properties you view or receive feedback on are serious contenders.
Failure To Consider The Local Area
Sometimes, home buyers can develop a sort of tunnel vision in which they only think about the house and whether or not it ticks all the boxes. It might be a cliche, but a significant part of property buying is all about location, location, location. You need to have an awareness of what buying a particular property will mean for your access to public transport, school catchment areas and leisure facilities. These may seem fairly inconsequential when you’ve found your perfect home, but can have a long term impact on your lifestyle.
At Buying Agent Partnership, we offer an area familiarisation service that aims to give prospective buyers an excellent overview of the village, town or city that they’re considering moving to. We’ll answer all your questions about what day-to-day life is like in the area, drawing upon years of experience. When you eventually move into the property, it shouldn’t then take too long to feel at home.
Failure To Negotiate
One of the biggest benefits of hiring a property finder is the experience they bring to the table when it comes to price negotiations. For those unfamiliar with the process, it can be difficult to judge how open the seller is to reducing the price. Some people will go straight in at the asking price when there might have been an opportunity to negotiate, whereas others take too long to pick up on signals that they need to raise their offer or risk losing out to someone else.
A property finder is able to approach a negotiation with a more objective mindset. Less emotionally invested in the property, they can spot when someone is about to pay over the odds. Furthermore, the pay structure at Buying Agent Partnership is configured in such a way that our property finders are incentivised to secure as big a discount as possible.
If you’re keen to avoid the mistakes people make when buying a house without a property finder, get in touch today and go to our contact page or call 0330 223 6339. Our property finders will ensure the process runs as smoothly as possible.