Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance 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


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Forbes

Is The Local Real Estate Market Heating Up? Eight Signs To Watch For
Forbes
Understanding what the local real estate market is doing is remarkably important for everyone involved. Homebuyers and sellers need to know whether homes in certain price ranges are staying on the market for months — or clearing within days. Real ...



Politico

Zinke met with real estate developer, Halliburton chairman at Interior office
Politico
Interior Secretary Ryan Zinke met at department headquarters in August with Halliburton Chairman David Lesar and other developers involved in a Montana real estate deal that relied on help from a foundation Zinke established, according to a participant ...
Emails Raise Ethics Questions About Zinke's Ties To Montana Real Estate DealHuffPost

all 145 news articles »


Forbes

Real Estate Titan Larry Silverstein On The Opening Of 3 World Trade
Forbes
This month, nearly 17 years after the 9/11 attacks and 10-years after breaking ground, Silverstein Properties opened the fourth of five office towers planned for the World Trade Center site. So far consulting firm McKinsey, stock exchange IEX and ...



Forbes

Three Ways To Boost Your Real Estate Brand With Video
Forbes
As a modern day real estate business, the most likely place consumers will come across your brand is online. Making a solid first impression is not just ideal, it's imperative. A professional social media presence helps customers feel comfortable ...



Forbes

A Faster And Easier Way To Finance Real Estate Investments
Forbes
For aspiring real estate investors and those looking to scale property investment businesses, transactional funding could be the ideal type of capital. Transactional funding offers real estate investors a speedy and easy way to qualify for financing ...
The 4 Best Real Estate Mutual Funds for Income InvestorsInvestorplace.com
Housing Starts Hits 11-Year High: 3 Real Estate Funds to Buy ...Nasdaq

all 4 news articles »


Real estate notebook: What happened to demand for office space?
Minneapolis Star Tribune
The office market in the United States averaged just 4.4 million square feet of positive net absorption in the last quarter of 2017 and the first quarter of this year, way less than the 10.8 million square-foot quarter average forecast six months ago ...



The Week Magazine

Optimistic entrepreneurs are creating a real estate boom along the DMZ
The Week Magazine
Inventive entrepreneurs are flocking to the area along the Demilitarized Zone in South Korea, hoping to buy up land so that they have a prime location in the event of the country reunifying with their neighbors to the north, the Los Angeles Times ...
Real estate booms along Koreas' borderPost-Bulletin

all 5,141 news articles »


WAVY-TV

Real Estate: A Seller's Market
WAVY-TV
PORTSMOUTH, Va. (WAVY) - It's a seller's market trend in Hampton Roads Real Estate, but what does that mean? Kathleen McKone Realtor and Owner of the Kathleen McKone Realty group joined Chris Reckling on The Hampton Roads Show with an ...



Chron.com

Real estate briefs: Halliburton Westchase campus sells; developers start 2 spec industrial projects
Chron.com
A local private investment group has purchased Halliburton's former Oak Park campus at 10200 Bellaire Blvd. at the Sam Houston Tollway in Westchase. JLL handled the sale along with Williams & Williams auctioneers. The 48-acre campus includes a ...



National Real Estate Investor

Why the Real Estate Industry Needs More Equity, Less Debt
National Real Estate Investor
Real estate development in the U.S. has historically been driven by entrepreneurs with great ambition and visions of grandeur, but thin pocketbooks. Lacking their own controlled or discretionary capital, these developers needed to sell their ideas to ...


Google News

home | site map
© 2006 TIGER MEDIA