What Information Your Estate Agent Is Supposed To Disclose To You?

Dated: May 4 2022

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What Information Your Estate Agent Is Supposed To Disclose To You?

It's no secret that buying or selling a home is complicated and stressful. There's much documentation & appointments to keep track of between scheduling showings, negotiating offers, and dealing with inspections. And that's without even mentioning the legal side of things!


One aspect of the home-buying process that often gets overlooked is the estate agent's role. Estate agents help stakeholders navigate the property market by sharing law and estate planning details. A professional, experienced estate agent knows the ins and outs of the industry and can help you make an intelligent choice.


This blog lists essential information you can expect your estate agent to share with you and how it helps you make the final call.


1) Estate History -

A good estate agent will be able to tell you about the property's history. This includes when it was built, any major recent renovations, and how long it has been on the market.


Knowing this information helps determine a property's worth and whether it's a good investment. It can also shed light on the previous owner's decision to sell.


Estate agents are also supposed to:


· Inform you of any liens or encumbrances on the property


· Provide details about the surrounding area, including schools, hospitals, public transportation, and noise levels


· Offer advice on home staging and marketing strategies


· Give you an estimate


2) Home Upgrade or Renovation -

Legal requirements for home upgrades or renovations differ from state to state. Remember to ask the estate agent about the specific requirements in your area before beginning work on the property.


Your estate agent should also estimate how much the upgrades or renovations will increase your property's worth. This is essential information if you're planning on selling the property.


3) HOA's Laws -

Properties governed by a Homeowners Association (HOA) usually follow specific laws and regulations that you need to be aware of. These can include noise levels, pet restrictions, and parking regulations.


Your estate agent should be familiar with the HOA laws in your area and advise you on what you need to know before buying a property governed by an HOA.


4) Real Estate Trends -

Your estate agent should also be up-to-date on the latest real estate trends in your area. This includes the average price of properties in your neighborhood, how long properties are staying on the market, and what type of properties are selling the most.


These are just a few points your estate agent should be telling you before you call the dealership. If they don't, you might want to consider finding a new agent!


Do your research, and don't hesitate to ask questions if you're unsure about anything. With the correct information, you'll be able to find the perfect property for you!


It would help if you had a qualified real estate agent besides you when buying your next property. Josh Schoenly, serving Hummelstown, PA, ensures you have access to complete estate information when you buy a property.


With transparent market trends data and access to real estate trends, Josh Schoenly provides homebuyers with the information to make an intelligent choice.


Explore our listings today!

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Josh Schoenly

Experienced real estate agent with EXP Realty LLC in Enola PA (servicing Cumberland County, Dauphin County & Perry County & surrounding areas), providing home-buyers and sellers with professio....

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