The laws and regulations regarding the real estate transaction process are proven and professional.
There are many true professionals who both list and sell a listing - in the business it is called completing both sides.
Experienced professionals often do both sides.
The more you look around, the more you will find out what a real estate professional is.
Experience, ethics, a good ear, and a current knowledge of the properties on the market are most important and most useful.
(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.)
Meet with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for.
Get a referral to a good, local, real estate attorney. Call the attorney, retain the attorney so you have her information handy when you make an offer. Having that information at time of offer helps you demonstrate to the Seller how serious you are, and they will consider your offer with more interest.
NEW YORK ONLY
Line up a Home Inspector. A good home inspector will scare the heck out of you: that's what you pay him for! But you'll concentrate on the fundamentals of the property: roof free of leaks, plumbing, heating and electrical up to code and in good working order. Again, when you make an offer and you have your Home Inspector ready to go, your offer will be considered with much more interest by a Seller because you truly have your "ducks in a row" and your preparation demonstrates your serious attitude about conducting the purchase transaction in a timely manner.
Find an experienced Local Realtor who works in your desired shopping area. A serious pro Realtor will refuse to show you homes until you are Prequalified for mortgage financing. Don't take offense! That Realtor doesn't want you to be disappointed and wants you to have a smooth experience as you shop for your new home.
Put together your Team of real estate professionals and shop 'til you drop!
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
*If you thought my answer was helpful, please give me a â€œThumbs Upâ€ or â€œBest Answer.â€ Thanks!
I also suggest you find your buyer's agent before you start looking. it protects you and your buyer's agent.
Hope that helps!
Massachusetts Premier Buyer Brokerage
617 848 5407 x701
The listing agent represents the seller, you will want an agent to represent you in the transaction. I grew up in Lowell and work throughout the Merrimack Valley and Southern NH. Give me a call and I will give you my 27 page Buyers Package free of charge.
Ellen G. Friedman, PhD, ABR, Realtor
Keller Williams Realty
I agree with Joyce. It doesnt cost you anything to have a REALTOR help you find a house. This way you have a professional who is on your side and can help you in the negotiations and tell you if a home is the right buy for you.
It would be best to have your own real estate agent to assist you in your search for a home. The main reason being that they will work for you in your best interests. The listing agent represents the seller in the seller's best interests; not yours. You agent can show you properties that most closely match your criteria, discuss what similar homes have sold for recently in the area, and negotiate in your behalf the terms that you prefer. And, usually working with a buyer's agent is a free service so why not take advantage of their experience, skills and service?
Prudential Connecticut Realty
Having your own Buyer Agent is the way to look out for your own best interest. The Agent Selling the house represents the Seller, not the Buyer and if by chance they do "disclosed dual agency" they truly represent neither of you, as they must remain neutral.