Whenever you enlist the help of an agent, you do that not only to get a list of homes according to your preferences. A real estate agent can be very helpful in guiding and educating you. Most often when an agent suggests an alternative, home buyers often dismiss the suggestion and go with their own choice. A few consider the advice carefully.
You are not always correct
A buyer at the start lists out his choice of home, location, size and amenities. While the buyer may have done extensive research before finalizing the requirement list, it may not be practical, correct or coincide with the ground reality. A person’s perception may not be unbiased. A buyer may take a decision based on his limited knowledge. Most of the buyers do the mistake of not paying heed to an expert’s opinion but instead take an uninformed decision. Buying a house in Mexico can be a daunting task for foreigners not well versed with the local scene, prices, and developments.
Trust the expert
A local real estate agent or a one who has worked in the town that you intend to buy home will know a lot more than you can ever hope to. A real estate agent has to know everything about new constructions going on. He is well aware of pros and cons of every developer which can help you in selecting a home of good construction quality at the promised date. An outsider may never know the pitfalls of a certain locality. Only a local is aware of the problematic issues. An agent can easily help you avoid such issues. Very often we are fixated to a certain idea. For example, when it comes to Mexico real estate many people are keen on having a beachfront condo. A beachfront condo in an exotic destination such as Playa del Carmen sells for a premium as its highly coveted. So while having a beachfront condo in Playa del Carmen has many perks, there may be many other properties which are just few minutes’ walk away from the beach and at much better price point.
Only a real estate agent can suggest you such alternatives which may save you a lot of money. Knowing the market conditions is very vital and having a professional by your side is a great asset. Unbiased advice can keep you in sight of goals of having a dream vacation home.
Once you have all options and suggestion placed before you, evaluate them all. Study the advantages and disadvantages. You are not bound to act on your agent’s advice. Consider if the suggestion provide are in line with your dream and preferences. Visit the localities and homes suggested by the agent. Do a comparative analysis.
Once you are done analyzing all the options, take a decision which will protect your interest the best. Personal satisfaction is a big thing. The bottom-line is that you should be happy with your new abode in Mexico.
Buying a second home in Mexico is a lifelong dream for many of us. When you finally get the chance to do so, get the best team of professionals to assist you in realizing the dream. Not only will it save you a lot of time but also a lot of buying related stress associated with real estate transaction. After all, you buy your abode in paradise for a little peace of mind!
About the Author: David Selva is a Riviera Maya property consultant, Sales Director and founder of Selva Co Realty.He has an experience of more than 6 years as a real estate professional in the Riviera Maya region of Mexico.