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Buying A Home?
A Real Estate Agent Can Help
A Real Estate Agent...
- Has the most market information in one place about what is on the market.
- Has access to homes listed by other real estate professionals.
- Can help you choose a home that fits your needs, i.e. features, size, location, etc.
- Can provide information regarding local taxes, utility costs, schools, churches, shopping, transportation, etc.
- Selects and researches qualified properties.
- Explains basic real estate principles.
- Helps you understand the financing options available to you.
- Helps you determine how much you can afford to pay for a home.
- Acts as liaison between you and the seller to present offers and counter-offers until an agreement is reached.
- Provides an objective view with no emotional ties.
- Follows up throughout the transaction.
Selling A Home?
A Real Estate Agent Can Help
A Real Estate Agent...
- Can give you the quickest exposure to the maximum number of buyers.
- Can "qualify" potential buyers to determine whether your home fits their needs and if they can afford it.
- Helps coordinate inspections.
- Assists in writing an offer.
- Helps you price your home appropriately.
- Explains the closing process and financing options.
- Knows how to effectively market your home.
- Will handle marketing your home through various methods (i.e. advertising, open houses).
- Is knowledgeable about current market conditions and requirements.
- Shows your home to potential buyers, handling incoming phone calls and showing appointments.
- Explains basic real estate principles: agency relationships, contracts, etc.
- Offers objective views without emotional ties.
- Handles negotiating contracts - presents offers and counter offers.
- Follows up throughout the transaction.
Selecting a Real Estate Agent
Does The Agent...
- Listen to your needs?
- Provide multiple phone numbers so they can be easily reached?
- Return phone calls promptly?
- Explain information and processes so you understand?
- Do business frequently in your neighborhood?
- Seem conversant about local market conditions?
- Seem knowledgeable?
- Have access to the Multiple Listing Service?
- Have a detailed written marketing plan ( if you are a seller)?
- Have references? Ask the references the following questions...
- Did the agent keep in touch?
- Was the agent prompt?
- How long did it take to sell your property or to buy your property?
- Was the agent well prepared and knowledgeable?
- Did the transaction go smoothly?
- Would you hire the agent again?
Who Is Involved In A Real Estate Transaction?
Following is a list of people who may need to be involved in your transaction. A Real Estate Agent will help contact these people and follow up to ensure the transaction goes smoothly.
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Buyers
- Appraiser
- Legal Assistances
- Contractors (for repairs & work orders)
- Mortgage Company
- Credit Bureau
- Loan Officer
- Lending Underwriter
- Loan Processor
- Title Company Representative
- Title Processor
- Notary
- Current Mortgage Holder
- Courier (Fax Station)
- Moving Company
- Referral Network
- Utility Company Representative
- Surveyor
- Pest Inspector
- State Tax Bureau
- Septic/Sewer Health Inspector
- Structural Engineer
- County Auditor
- Limited Practices Officer (LPO)
- Escrow Agent
- Negotiator
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Sellers
- Advertising Agency (newspaper, flyers)
- Office Supply (for rooms)
- Appraiser
- Legal Assistances
- Contractors (for repairs & work orders)
- Buyer's Mortgage Company
- Buyer's Loan Officer
- Lending Underwriter
- Loan Processor
- Title Company Representative
- Title Processor
- Notary
- Current Mortgage Holder
- Courier (Fax Station)
- Moving Company
- Referral Network
- Utility Company Representative
- Surveyor
- Pest Inspector
- State Tax Bureau
- Septic/Sewer Health Inspector
- Structural Engineer
- County Auditor
- Limited Practices Officer (LPO)
- Escrow Agent
- Negotiator
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