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CEOWORLD magazine - Latest - CEO Advisory - The Most Common Questions People Will Ask When Buying a House

CEO Advisory

The Most Common Questions People Will Ask When Buying a House

Real estate has always been a safe business since the roofing need will always exist, but what will the client ask when they come to see a house? The first impression and the confidence the seller will show when they answer the customer’s questions will play a significant role in their future decision.

  1. How much does it cost?

    Buying a house is a serious investment; in many cases, people have been saving for years to buy a property. Therefore the price is one of the most critical aspects of their investment. In addition, people will often try to compare the price of a particular house with other houses in the same neighborhood since the location plays a vital role in the house’s price. Make sure you keep your prices reasonable to be competitive.

  2. What is included?

    A house often comes with some additional facilities such as air-conditioning, cabinets, and window blinds. In each country and state, homes have different features, so it is essential to clarify what you include in the price and what the buyer will receive after they sign the contracts.

  3. How are the neighbors and the neighborhood?

    The place where you will buy your house is where you will spend most of the years of your life; in most cases, it is where your children will grow up. It is expected for someone to be affected by the neighborhood and the people who will live next door. Do not expect the clients to ask that question if you are in the real estate industry. Instead, go ahead and talk about the neighborhood yourself, pointing out the positive aspects. If you take feedback that shows they are interested in that, you can talk about the neighbors yourself.

  4. How long has it been on the market?

    Actually, this is a very common question, and don’t be surprised if you hear that from potential buyers. No matter what you offer a client, they always want to feel that they found a catch. If the house has been for a long time for sale and no one buys it, the customers may be afraid that there may be hidden traps in the sale and may hesitate to move forward.

  5. Why do they want to sell the house?

    Even though the reasons why someone may want to sell the house may not affect the pricing, there are many cases where people will wonder about that. If, for example, the seller wants to get rid of the house because they do not feel comfortable in it, this will not sound like attempting to the buyer. On the other hand, if the seller is in a difficult financial situation and wants to liquidate their money, the client is most likely to think that the house is being sold at a lower price than expected. If the seller is leaving the town or needs a smaller or bigger place at the moment, this will lead the client to neutral feelings, and they will understand that the price is not affected.

  6. How old is the house?

    The ”age” of the house is directly linked to its price; the older it is, the lower the price it will have. Apart from the financial part, people are interested in that for numerous reasons. One of the things they might be concerned about is what type of structure they should expect. As years pass, the trends in building structure change, and the whole equipment being used is different. A person familiar with the process may expect to reach certain conclusions depending on the year or decade the house was built.

  7. Is it renovated?

    Additionally to how old it is, someone may want to ask if it has been renovated. Especially if the house is quite old, one may expect that there has probably been a renovation which is expected to justify a high price. Also, they may want to ask if there have been any additions to the prior building and where they are located. People will want to inspect them thoroughly and see if they meet their expectations. Last but not least, they will be curious to know if these were necessary to understand how strong the structure is.

 

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CEOWORLD magazine - Latest - CEO Advisory - The Most Common Questions People Will Ask When Buying a House
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz