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Copyright © 2006 by
Bob Schwartz
San Diego
real estate broker
Certified
Residential Specialist
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Finding A Real Estate Agent
Whenever you buy or sell real estate, you may be similar to millions of
other people out there, in feeling that you don’t need a real estate agent.
Most people who buy or sell homes, generally think that a real estate agent
is a waste of money. Those who choose to buy a new home, think that real
estate agents only add to the cost of purchasing the home.
What most people aren’t conscious of, is the fact that real estate agents
are generally paid by the seller, not by the buyer. As a buyer, you’ll get
to work with a professional real estate agent without really having to pay
for it yourself. The policies can vary greatly from state to state and
company to company, which is why you should always check any paperwork or
contracts that are provided to you to ensure this is the case. When you are
interviewing agents, make certain to ask about any type of fees as well.
A lot of real estate agents out there could work with both buyers and
sellers, while most specialize in working with either the buyer or the
seller. If you are buying a home, make sure that the agent you choose has
prior experience of working with buyers and transactions that involve no
money down. This way, you can count on your agent to be there when you need
him the most - especially if you don’t have a down payment.
If you are interviewing a real estate agent and he or she isn’t habitual to
down payment assistance programs, you shouldn’t take on their services.
Agents who aren’t familiar with these types of programs generally aren’t on
the level, or they may lack the experience necessary to help you purchase
the home of your dreams.
You can also make a list of real estate agents that you can interview based
on recommendations from friends, lenders, and even family. Lender referrals
are generally a great choice as most lenders have worked with their
recommendations in the past and both are already familiar with each other.
Choosing a lenders referral can also prevent you from encountering any
obstacles or surprises.
When you interview a real estate agent, make sure that you have the agent
describe his fees. This way, you’ll know exactly how much he will be getting
from the purchase. You should also find out how much familiarity he has in
the field, and how long he has been working with real estate. You can also
ask about sample contracts as well. If you are buying a home, you should
make sure that the agent works with buyers. If you happen to be selling your
home, then you’ll want to make sure that the agent works with sellers.
Agents that are dedicated to one or the other are the best to choose, as
they will have more experience than agents who work with both buyers and
sellers.
Find a real estate agent is an easy task - if you know what to look for. If
you take things one step at a time and cautiously make a decision, chances
are that you’ll end up with an agent who has the experience you want. You
should always be careful when you choose, and never rush the process. Real
estate agents are easy to find, although finding one who fits your needs and
has your budget in mind is a little tougher to locate. When you make that
final decision, you should always choose an agent who has your best interest
in mind - and isn’t just after the money.
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