A good real estate agent can be a useful source of advice and assistance.  For example, they will have access to information about valuations and recent sales in the area that may help you work out a realistic offer.

However, always remember that the agent is working for the seller, not you.  Their fees are paid by the seller, and they get paid when a home is sold.  They are trained in sales techniques, so don’t be pressured into making or accepting an offer you aren’t sure about.

Questions to ask a real estate agent
Agents should know a lot about the home and the seller’s reasons for selling, so find out as much as you can from them.  Here is a list of questions to ask:

• Why is the property being sold?
• Have the owners already purchased another home?
• How long has the property been on the market and what level of interest has there been?
• What is the Rateable Valuation?
• How much are the rates?
• What are the neighbours like?
• What facilities and schools are in the area?
• Is the house north facing?  When does it get the sun?
• What is the prevailing wind direction?  Is it sheltered?
• Is it noisy (traffic, trains or planes)?
• Are there any flooding or erosion problems?
• Are there any development plans?  Zoning restrictions?  Type of title?
• Are there any covenants (restrictions) or easements (rights)?
• Are there any protection orders over the trees or buildings?
• Where are the boundaries?
• Is the home suitable to renovate?
• Could the section be sub-divided?
• Does the home need any urgent repairs?
• Have any alterations/renovations been carried out?  If so do they have consents?
• Has the home been re-piled, re-plumbed or rewired – and when?
• What heating and insulation does it have?
• What chattels are included in the price (for example, curtains, carpets, light fittings, whiteware)?
  

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