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3 Things Every Home Buyer Should Ask Their REALTOR®

Louisiana REALTORS® • January 25, 2024

When it comes to buying a home, you’ll have a lot of questions. How many bedrooms? How’s the commute? Are the schools good? They go on and on, and they should. Buying a house is a big commitment that requires a big decision. Luckily you have a REALTOR® to help you find the answers to these questions and make the best decision for you and your family. However, there are a few questions that may not be on your list but should be. Here are three questions every homebuyer should ask their REALTOR®.


What is the Sales History of the Home?

Understanding the price and value of a home is a key trait of any real estate professional. If a home has struggled to sell and remained on the market, you could make a nice deal. If home prices in that area have consistently increased over the years, you could be in store for a sound investment. 


Which Contingencies are Worth Getting? Which Aren’t?

Of course, we each have our tastes and preferences when it comes to style and other amenities. However, knowing when to push for something and when to let it go can save you a lot of time and money in the home-buying process. Your REALTOR®, with your best interest in mind, can guide you in deciding on what you should and shouldn’t demand from the seller.


What’s Going on in the Area?

Your REALTOR® should know all there is to know about your prospective new neighborhood. A big part of this is being aware of any upcoming HOA assessments. These assessments will influence your monthly expenses, so knowing what to expect can be a big help. It’s also important to know about any new amenities that are in the works like nearby retail, parks, pools, infrastructure, and more. Understanding what’s going on, and what is expected to occur in your new neck of the woods is very important.

HOME BUYER RESOURCES

Consumer Guide Update: Preparing for Homeownership

By Louisiana REALTORS® • February 19, 2025
As previewed last week, NAR is pleased to share the latest consumer guide focused on preparing for homeownership. This guide covers what prospective buyers should consider as they kick off the home purchase process, including the importance of credit scores, mortgage pre-approval, down payments, budgeting, and educational resources. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Preparing for Homeownership Escrow and Earnest Money Pricing Your Home Preparing to Sell Your Home Fire Damage and Policy Coverage Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with potential clients to ensure they have the information they need to be successful in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover property taxes.

Consumer Guide Update: Escrow and Earnest Money

By Louisiana REALTORS® • February 14, 2025
As previewed last week, NAR is pleased to share the latest consumer guide focused on escrow. This guide covers what homebuyers should know about earnest money deposits, including the general terms and use cases in real estate transactions. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Escrow and Earnest Money Pricing Your Home Preparing to Sell Your Home Fire Damage and Policy Coverage Flood Insurance Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover preparing prospective buyers for homeownership.

2026 LR Officer Elections, RVPs & NAR Director Applications

By Louisiana REALTORS® • February 12, 2025
The Louisiana REALTORS® Board of Directors will conduct several elections this Spring. Interested candidates that meet the qualification who are looking to serve at either the state association level or the national association level are encouraged to view the criteria and submit an application. An application that is not submitted on the appropriate form or not submitted pursuant to the instructions shall not be considered as submitted timely.
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