Complete Realty Team

Law requires real estate agents to act in the best interest of their buyers when trying to negotiate a deal. This is called fiduciary duty. Although it may sound legalistic, fiduciary liability can have a significant impact on your decision making process. As your advocate, a buyer's agent will help you to interact with sellers and their agents. They won't try and steer you towards properties out of reach or withhold information that might be relevant for you during negotiations.

It is likely that the time spent with you by a realty agent will be longer than most listing agents consider reasonable. After all, the seller wants the property to sell quickly in order to get another home. Buyer representation protects consumers against unreasonable expectations from non-compensated professionals, who have a financial stake in the outcome.

It can be beneficial to think of a real estate agent as a partner when you work with them. While you have the final word, it is important to consider their knowledge and experience. Ask for an honest opinion on your home. Good agents will tell you what is right and wrong. Agents are also familiar with the current market for homes in your area. This information is invaluable. A professional agent can help you determine the price you are looking to sell your home and also show you comparable homes for sale.

If there is a significant difference between what you want and the price the agent believes the home will sell for, that could indicate that the numbers need to be adjusted (either down, or up). You can work together to come up with a price - comparing similar homes in your area might help you determine what your home could sell for.

The largest transaction in your life is likely to be buying a house. It is also one of most difficult purchases you will make. It involves numerous legal forms, approvals, and paperwork that can choke an elephant. Or at least hide any buyer beneath tons of paper that is not always simple to understand. A real estate agent can help you understand the details of the purchase and provide information about the best neighborhoods for your needs and budget.

Closing is when all paperwork is in place for the buyer to officially take possession of the property. You must also list any issues with your home. The seller must disclose all information to ensure everything goes smoothly. It can be difficult to understand disclosures and contracts, especially if you've never done it before. An agent can help you navigate any issues that may arise with your house at closing. This could save you money and prevent costly repairs down the line.

A real estate agent can help you find the perfect home, especially if you are new to the market. The market is complex and Realtors have the tools to help you save time searching for properties. Their professional networks with other agents and property owners will allow them to discover homes before they go on the market. They may also be able to gain privileged access at open houses for homeowners who don't know the price they want to list their home at.

NAR recently conducted a survey and found that 9 out of 10 homeowners who have used a REALTOR®, would do so again. They also said they would recommend them to other homeowners looking for a home. This is likely due to the fact that working with a Realtor can be more efficient than searching online, even though it may seem easier. It's worthwhile to learn more about why you should hire an agent if this is your first property purchase.