|Real Estate Information|
Why it is Important to Hire Just One Real Estate Agent to Buy a Home
In our fast paced and frantic real estate market, buying a home takes quick action and strong representation. Some buyers decide to involve several agents in their search for a home, assuming that there is strength in numbers. However, it is the buyer who establishes a working relationship with one Realtor who really has the best chance of finding, negotiating and buying the right home.
You may wonder how one person could do better than two or three? Easy. When a buyer hires an agent and a buyer broker agreement is established, a process begins that is based on better communication and a deeper understanding of exactly what a buyer is looking for. It goes beyond the number of bedrooms, baths and location of a home.
A good agent will help by asking the right questions up front first. Specific needs, desires and lifestyle concerns will be identified, and time will be allotted to carefully determine all the priorities a buyer expects in a home. In short, the buyer gets the full benefits and highest level of customer service by selecting one agent who will work closely with him or her, take the time to identify specific needs and then find the right home.
When you begin working with a real estate agent in the state of California, it is law that before the agent takes you out to view a home that the California Association of Realtors form AD-11 be signed. This form is called "Disclosure Regarding Real Estate Agency Relationships." Be wary if you deal with a real estate agent who has not taken the time to have you fill out this form. You should wonder if other legalities will be overlooked when you are in the middle of negotiations with a property. An agent who overlooks one small detail in a transaction can take the chance of losing the whole deal.
Most reputable agents today use what is known as Exclusive Authorization to Acquire Property-Buyer, Broker Compensation Contract. Often referred to as a buyer-broker agreement. With a buyer-broker agreement, the best interests of the buyer becomes the focus of the agent, who can then devote the time, effort and energy it takes to find the appropriate home.
What the buyer-broker contract does is simply to have an agreement that you, as the buyer, agree to use the agent you are working with to obtain the home you are searching for. The reasoning behind this agreement is that as a real estate professional, the only thing an agent has to sell is their time and expertise in finding and negotiating the purchase of a home. The buyer-broker assures the agent that the time they spend with you will be rewarded with you buying your home through them.
Think about this: would you really want to work with an agent who doesn't have enough self respect to make sure their time is spent productively? Do you want to work with an agent who will take any "live body" they can get, just hoping that they might get business in the long run? I don't think so.
Getting early loan approval, not just an estimate or prequalification figure for a loan, is one of the first and most important steps an agent will suggest and guide a buyer through. Multiple offers are being made on almost every house out there these days, and timing has never been more important. Buyers must do everything they can to prepare for quick action when the right home comes along. A good agent today won't even take you out to see property until you have the loan approval in hand.
Coming out ahead of the pack today requires the loyalty and support of one agent on your side. Forming an allegiance with one highly qualified, dedicated agent give buyers a boost and a huge advantage when several other offers are being put on the same table.
San Diego's housing market is booming. Interest rates are down. This is no time to be putting buyer needs in the hands of an "agent lottery" Now, more than ever buyers need the best representation possible and nothing beats one good agent flexing a little know how and commitment.
Patti Phillips is a Realtor in Southern California. She works with numerous home-buyers to help them find their "dream home"- usually becoming their "realtor for life." You may contact Patti at her web-site: http://www.PattiPhillipsRealEstate.com or at 800-680-9133
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
Real estate briefs: Halliburton Westchase campus sells; developers start 2 spec industrial projects - Chron.com
Take A Shotgun Approach
An effective real estate advertising strategy entails a 'shotgun' approach. A shotgun approach includes online internet ads, regular print ads in major real estate publications (AJC) of the property's location, as well as popular local area publications (Creative Loafing) and full use of real estate signs.
Interior Design Secrets for Selling Houses
New concepts in Interior Design Psychology are helping home sellers net more money in today's competitive real estate market. Therefore, it's worthwhile to spend time planning the changes that will help your home sell for the highest price.
Finding The Perfect Maui Home For Sale
If you are thinking of relocating to Maui, this articlewill hopefully guide you to making a positive decision whenthinking of buying a home there. Hopefully, by the end youwill be one step closer to finding a Maui home for sale,and being able to purchase it.
Real Estate Investing - Protect Your Privacy
An irate tenant or disgruntled home-buyer, with the help of a willing attorney, can readily prompt a property search for a property owner in public records. The target of the search becomes someone who has deep-pockets as reflected in real estate assets.
Getting Ready to Sell Your Property
We all have had the experience of someone important coming to the house and whether the visitor is an in-law, an old friend, or business associate you know the drill: Have the house in "show" condition.For investors the situation is much the same: First impressions count!!!! Even though you may not be able to tell a book by its cover, you'll probably pay more for a book if the cover is inviting, and attractive.
Land Subdivision - $1.2 Billion Dollar Developer Tells You How To Do It
Land subdivision is a bit like helping Mom slice up her beautiful Apple Pie; it's all so easy, when, like Mom, you've done it a few times. So let's see if we can get the ingredients for a land subdivision correct so you can do it right first time, OK?Every city or town in the free world has a Town Plan and it comprises, not surprisingly, of plans or maps, usually with lots of different colors all over them, but also lots of words explaining what the colors mean as well as lots of Rules that tell you what you can do with land.
Is Second Home Ownership In Your Future?
According to the National Association of REALTORS® (NAR), a record 2.82 million second homes were sold in 2004.
Home Inspectors - Negotiating a Lower Price
To help you negotiate a fair sale price for a home, it's best to get an appraisal and inspection report. Even if you agree directly with the home seller on a sale price, you may want these items to safeguard the value of your new investment.
Attention To Details Helps Homeowners Sell Fast In A Buyers Market
Your boss has just given you the career opportunity of a lifetime, but the job is in another state.Soon you discover that moving your family to another city may be one of life's hardest tasks.
The Real Estate Cycle
The real estate cycle, like the business cycle, refers to the activity of the real estate market as it reacts to the forces of supply and demand.Supply and demand.
How Can Real Estate Investors Profit From The Internet?
The Internet is a powerful marketing tool, but just how can a real estate investor make the best use of Web pages?We've spent some time experimenting with Web sites and we've found a couple of ways that they can be useful.First.
Fixer Uppers: Dont Make This Mistake
Making money with "fixer-uppers" isn't about repairing drywall or planting flowers. It's about using the right approach from the start.
Vacation Homes Are Becoming A Reality For More Homeowners
Whether it's a lakefront cottage or a log cabin in the woods, a vacation home often seems to be a dream that only the wealthy can afford. But these days, you don't have to be a millionaire to own one.
From Foreclosure to Forbearance - The Art of Negotiation
As an active real estate investor you probably already know that the most important phase of your investment is when you buy the property. Most of us are getting the bargains in the foreclosure market.
Questions You Always Wanted To Ask A Master Builder But Never Had The Chance
Building a house (or lots of them) seems to be an area of knowledge that is kept secret (insiders only), with clients kept in the dark and fed on expensive "cow dung."A while ago I asked my US readers of my e-book, "Residential Development Made Easy" for questions they would like to ask a Master Builder.
Why You Need a Lender to Sell Your Home
Home sellers who are prepared to help buyers find financing will sell their homes faster, and for a larger selling price. Think about your potential buyers: some of them will have already arranged for financing, but many don't know how to buy a house.
French Property - a Buyers Guide to Purchasing Property in France
The CompromisThis document is the document you will sign agreeing to buy the property at the agreed price. It is signed by both vendor and purchaser and sets out all the details of the purchase price and fees.
Real Estate Investing - FSBOs vs. Agent Listings?
Many would-be real estate investing professionals face discouragement because of the assumption that acquisitions require deep-pockets. Some even believe the myth that nothing-down purchases are impossible.
Get To Know About Building Codes & Town Planning Applications, If You Want To Build A House
These are real building questions that I received from readers of my e-book, "Residential Development Made Easy" with answers from me, Colm Dillon, and a major USA Construction Master operating in 48 States.Question 1.
Renting Versus Buying A Home
Renters are often in a quandary as to whether it makes sense to continue renting or buy a home. Buying a home makes more sense, particularly when taking a long-term view.
|home | site map|
|© 2006 TIGER MEDIA|