Despite having a real estate agent representing your house, you have a few responsibilities as a seller that involves getting to know the buyer. You need to ensure that the person you are dealing with is interested in your house and won’t back out of the deal at the end moment.

Here are a few questions you should ask the buyer:

Do You Have a Pre-Approval Letter?

A pre-approval letter for your Powell River home for sale will assure you that the buyer can afford the house. It will state that the buyer is eligible for the mortgage and the amount they will receive.

Do You Have a Real Estate Agent?

Dealing with a real estate agent speeds up the process. As a professional, they have connections in the right places. Moreover, when it comes to negotiations, you can be assured there won’t be any emotions involved in the process.

Are You a Homeowner?

A buyer who also happens to be a homeowner might take a long time to finalize the deal because they are waiting for their old house to sell. Watch out for these people because they might cancel the deal because their buyer backed out.

How Much Down Payment Are You Willing to Give?

A high down payment shows that the buyer is all in. It also proves they have enough money to pay for anything that might delay the process.

There are plenty of homes for sale in Powell River BC. A buyer might try to counteroffer by saying that there’s another house on the market within their budget. Do not fall for such tricks. Agree to their counteroffer only if it makes sense to you.

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