JustListedKnoxville.com 5 Unwritten Etiquette Rules Home Buyers Might Not Even Realize Are a Big deal if you're looking to buy a home, you're probably eager and excited. That's fine, but just keep in mind that in this heightened emotional state, it's easy to get swept up in the moment and behave, well, not perfectly.
This can lead to trouble since, just like anything else, buying a home comes with its own set of rules. Some may be fairly obvious since they're outlined in all that real estate paperwork you'll soon be signing. But some of these rules are the unwritten, etiquette-based kind. And if you break 'em, it could still stop a real estate deal in its tracks.
Worried you might not be aware of all the things you might do that could inadvertently rub home sellers or real estate agents the wrong way? Then heed these five etiquette rules that many homebuyers might all too easily overlook.
Rule 1: See a house online you love? Don't call the listing agent.
You're not going to get a better deal by going directly to the listing agent, they represent the seller and are just trying to get the seller the best price.
Rule 2: Don't ask your agent to show you homes until you sign a buyer broker agreement.
A buyer-broker agreement is a contract that defines the relationship between the buyer (that's you) and your real estate agent. The agreement is good for both parties since it outlines exactly what services the broker is going to provide. Remember that buyer's agents are only paid if they close a deal—they aren't paid for their time.
Rule 3: Don't make an offer without mortgage pre-approval
A mortgage pre-approval is a letter from a lender saying it will provide you with financing to buy a home up to a certain loan amount. It makes everyone's lives easier since it provides proof of how much home you can afford to buyers and agents—and that you can put your money where your mouth is with an offer. Without it, your offer is an empty promise.
Rule 4: Don't be late to home showings—or bail entirely
If you have an appointment with your agent to view a home, treat it like a priority. If you're going to be late or can't make it, call your agent and let him know.
Rule 5: Don't pretend you're ready to buy if you know you're really not
This one might sound like a no-brainer, but it's such a big part of real estate etiquette it's worth driving home: Don't pretend that you're ready to buy if you aren't.
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