|
|
Buying
A Home? A Real Estate Agent Can Help...
|
A
Real Estate Agent...
- Has
the most 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 - 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.
Table
of Contents
|
|
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 right.
- 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 the contract - presents offers and counter-offers.
- Follows
up throughout the transaction.
Table
of Contents
|
|
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... a) Did
the agent keep in touch? b) Was the agent prompt? c) How long
it took to sell your property or to buy your property? d) Was
the agent well prepared and knowledgeable? e) Did the transaction
go smoothly? f) Would you hire the agent again?
Table
of Contents
|
|
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.
Buyers
- Appraiser
- Legal
Assistance
- Contractor
(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 Inspection
- Structural
Engineer
- County
Auditor
- Limited
Practices Officer (LPO)
- Escrow
Agent
- Negotiator
|
Sellers
- Advertising
Agency (newspaper, flyers
- Office
Supply (for rooms)
- Appraiser
- Legal
Assistance
- Contractor
(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 Inspection
- Structural
Engineer
- County
Auditor
- Limited
Practices Officer (LPO)
- Escrow
Agent
- Negotiator
|
Table
of Contents
|
|