How to be the first buyer your Estate Agent calls – With good properties being snapped up as soon as they hit the market, there’s never been a more important time to be prepared and ready to place an offer. Here are our top-tips to make sure you’re the buyer an Estate Agent would call when your perfect property comes to market.
Having a mortgage in principal in place confirming you have the capability to buy is the first crucial step – Estate Agents and sellers need to be sure you’re a serious buyer. An accepted offer on any existing property is also highly desirable – some sellers won’t allow viewings for buyers not under offer – and you’ll be in a stronger position with a higher chance of viewing new properties.
Establishing a good relationship with your Estate Agent is the next important step. The more they know about you and your requirements, non-negotiables and areas of compromise, the harder they can work for you. It’s also a good idea to agree the best way to communicate from the outset, whether that’s via phone, text message or email and always be ready to respond.
While most house hunters start by viewing properties online, show rounds are a fundamental part of the sales process. It’s amazing how little time most of us spend on the biggest purchase of our lives but it’s crucial to get a ‘feel’ for a house. It can however be quite a stressful step for the seller who is hosting potential buyers, so it’s important to always attend viewings you have set-up with your agent. It’s bad etiquette to not turn up and won’t help the relationship you’ve built with your agent.
It’s in both the buyer and sellers interest to give and receive feedback after a show round – so your Estate Agent knows what works and what doesn’t for you and what, if anything, the seller can change. This kind of information is the cornerstone of any agent’s relationship with their client and is a step that many buyers completely disregard. It may be irritating to receive multiple calls from agents asking how the viewings went but being polite, honest and forthcoming with feedback will do wonders for their opinion of you as a buyer.
Despite the gloomy economic climate, buyer interest still very high. Even the smallest advantage against the competition is vital. So, if you want to be the first number your Estate agent calls when a new property comes onto their books, be organised, respectful and treat people the way you’d want to be treated. It’s an easy win.