cash buyer from the uk how do we find out more info

Asked by Derek Hicks, bristol england Sun Mar 16, 2008

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Julie (Toon…, Agent, Hilton Head Island, SC
Tue Mar 18, 2008
Hi ya,

There are a number of sites all over the Internet that will give you information about properties just about anywhere in the US. If you type in Real Estate then the area you are looking for - a wealth of information will appear but it can be very confusing. The best place for you to start is with a good agent in the area you are interested in.

Just in case you don't already know, the process for buying real estate in the United States is very different from the way it works in the UK. First of all, the agents here are all required to be licensed by the state in which they work. They must complete a course of study as well as pass a state exam before becoming licensed to work for the public.

Secondly, most agents offer a commission to agents from other companies if they bring a buyer to purchase their listing. There is a service in most areas called the Multiple Listing Service where agents can put the information about their listings for other agents to access. You can find out just about everything that is listed from one agent instead of having to go to several companies to find out what listings they are offering.

Thirdly, agents here write a contract for you when you find the property you want to purchase. You do not have to wait several weeks and then go to a lawyer to prepare the contract for you. When you offer on a property and that offer is accepted by the Seller, you know you are going to be able to purchase it if all the contingencies you put in the contract are met. You don't have the chains like you have in the UK and there is no gazumping.

Further, real estate agents here represent their clients interests and have certain obligations to you through their duties of agency. Here is a link to the State of South Carolina Agency Relationships brochure that will explain it to you.
Agency Law varies from State to State but the basis of the law is essentially the same.

The bottom line is that you need to find out what area of the US you are interested in and then search for an agent in that area who not only can work for you but who is skilled, knowledgeable and has a good track record. ( If you don't know where to start, I will be glad help you find one through my network of top agents if you'd like to contact me directly.)

I hope that helps you. Good luck in your search.

Julie Toon Pawley, ABR, CCIM, CRS, e-PRO
Real Estate Broker
Hilton Head Island, SC
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Donna Grady, Agent, Wilmington, NC
Sun Mar 16, 2008
Hi Derek, If you really are a cash buyer living in Bristol, England, then there are millions of Realtors in the USA who are ready, willing and able to help you. So you need to give up more information first as to what you need to know. Then when all of us answer you again, you can pick and choose which areas in the US interest you. I have a relocation package that I would happily mail to you about my area, Southeast North Carolina. You will have to go to my website and send me your address. One of my associate Realtors is from England. She would enjoy having a conversation with you. Hope you get the responses that you need. Donna Grady
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Richard Rawd…, Agent, Southampton, NY
Sun Mar 16, 2008
It depends on where you want to be in the USA. I work for ColdwellBanker, and I am a Previews Property Specialist, this allows me to sell anywhere in the world ! I am personally located in The Hampton's New York,one of the greatest places on this planet to live. We have not been affected by what is driving down prices all over the country,this is why The Hampton's are such a stong investment opportunity at this time. Please feel free to contact me @ my website
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Norma Jean J…, , Winston Salem, NC
Sun Mar 16, 2008
I will be happy to help you with answers to your questions. Do you know where you want to live? North Carolina is one of the most popular states. Last year alone..over 97,000 people moved here from all locations.
Feel free to visit my website below. My contact info is there for you.I will be happy to help you with your move.
Kind Regards!
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Zachary Epps, Agent, Boulder, CO
Sun Mar 16, 2008
You're question is a little open-ended. You're a cash buyer looking for more info but it would be helpful to know where you want to buy, how much you want to spend, what kind of home you want and ...
what kind of info you want.
Can you clarify your question?
I'm sure you'll get lots of answers if you can give us a little more specifics about what you need.
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