Regardless of who you choose, I recommend you interview at least three agents. You want to work with an agent with a lot of experience under his or her belt, as well as someone who you get along with and trust. My partner and I have been recognized by The Phoenix Business Journal for our extensive accomplishments, ranked in the top 3% of all agents in the valley and ranked as top 1% producers at West USA Realty - a brokerage with over 1,100 agents. If you would like to interview me, I can be reached at 623-824-4275. Thank you for the opportunity to respond to your question, and I hope you have a wonderful day.
Their job includes but is not limited to helping you find the property you like within the time frame you want. Time is precious. Instead of trying to look for the property yourself, a good real estate agent knows the neighborhood well and can help you find that dream home within a short period of time.
They help you negotiate the deal so you do not overpay. They also help guide you to make the right choice by disclosing the market conditions that will help in your buying process. Agents are aware of area market value and they can use their expertise to renegotiate a deal as it is part of their job description.
They are trained to present their clients' case in the best light and agree to hold client information confidential from competing interests. They handle volumes of paperwork--purchase agreements alone run ten pages or more along with other disclosure papers and addendums.
For more information on the advantages of buying a home with an Agent visit: http://www.house2buyorsell.com
You see . . . when the buyer loves a home they can't hide their jubilation, and if a listing agent knows you love the house, he/she is bound by contract to get the best price for their client.
On the converse, if a seller is desperate to sell, then a buyer will likely use that knowledge to drive the price down.
An agent won't let you sell or buy for too low or too much because the heat of the negotiations have distorted your purpose.
If you are my client and you have made it very clear prior to negotiations what you will pay for a particular property, then I will keep you cognizant of that point should the seller not see it your way. We'll walk and find something that fits your budget.
Agents act as your poker-face and keep you focused.
An agent knows the market and can assist you with the negotiations of the property. Being able to negotiate is huge in this market along with knowing how to deal with the other agent. You want to make sure you're being represented.
It is no different when purchasing a new build. ALWAYS bring your agent.
For anyone reading this question posted by Trulia.
Always work with a Real Estate Professional as they are representing you and have a fudiciary responsibility to do so.
Real Estate Professional
Keller Williams Sonoran Living
I've read many posts where the general public has gone out on their own and attempted to purchase homes without representation of a buyer's agent or attorney. Some hardcore, tried and true investors are doing well, especially those with many years RE experience. Unfortunately, I do not believe the general public clearly understands the benefits and opportunities of working with an experienced buyer's agent.
Increasingly the Internet and various websites offer generic information to sellers and buyers related to selling and pruchasing homes. In reading the information offered, it appears to be the easiest thing in the world and anyone can do it. I think folks get excited about the endevor and feel very confident in doing it alone. However, as we all know the horror stories keep rolling in and within this mix come legal cases between sellers and buyers sueing each other.
For whatever reason the general public continues to receive mixed messages as to the importance of hiring a professional RE agent to assist with their housing needs.
Thanks again for the question!
A few of the items we provide:
Direct access to the best source of homes for sale
Homes emailed directly to you daily
Review and collaboration on homes to view
Schedule all showings to maximize your time
View property together
Share defects noted in properties
Lenders to pre-qualify you correctly, some with no down payment programs
Home Inspectors that are tried and market tested
Wood Infestation reports
Years of negotiating expertise to get you the best price and terms
We are well known in the industry, helps get your offer accepted
Represent your fiduciary interests
Know the correct vendors for Title, Warranty etc.
The above are just a few of the items we can do to help you out in the process of purchasing a home, again we don't charge you a dime and you get our 35 years of combined experience.
Loyalty, honesty and fiduciary to you!
2. Get objective information and opinions. REALTORSÂ® can provide local community information on utilities, zoning, schools, and more. Theyâ€™ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
3. Find the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your REALTORÂ® to find all available properties.
4. Benefit from their negotiating experience. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
5. Property marketing power. Real estate doesnâ€™t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitionerâ€™s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTORÂ®, you do not have to allow strangers into your home. Your REALTORÂ® will generally prescreen and accompany qualified prospects through your property.
6. Real estate has its own language. If you donâ€™t know a CMA from a PUD, you can understand why itâ€™s important to work with a professional who is immersed in the industry and knows the real estate language.
7. REALTORSÂ® have done it before. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. And even if youâ€™ve done it before, laws and regulations change. REALTORSÂ®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.
8. Buying and selling is emotional. A home often symbolizes family, rest, and security â€” itâ€™s not just four walls and a roof. Because of this, home buying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase theyâ€™ll ever make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.
9. Ethical treatment. Every member of the NATIONAL ASSOCIATION of REALTORSÂ® makes a commitment to adhere to a strict Code of Ethics, which is based on professionalism and protection of the public. As a customer of a REALTORÂ®, you can expect honest and ethical treatment in all transaction-related matters. It is mandatory for REALTORSÂ® to take the Code of Ethics orientation and they are also required to complete a refresher course every four years.
If you narrow the question down to include only agents that are experts, then my top two choices are experience and track record of holding the deal together during escrow. These two separate the good, bad and the ugly.
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Financing Kentucky One Home at a Time