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The Benefits of A Real Estate Agent 101
Buying and selling property is not as easy as you may think. There are many things that you have to consider when purchasing a home, or when putting a home up for sale. That is why there are real estate professionals out there armed with the skills and knowledge needed to make this process easier. Read below to see how a real estate agent can help you in your real estate transaction. The Benefits of a Sellers Agent When you list your property through a real estate company, the individual with whom you list is known as the sellers agent, or listing agent. The very first thing that a listing agent has to offer a seller is a comparative market analysis, or, a CMA. A CMA compares your property to other real estate property listings, preferably ones that have sold. The goal of the agent is to compare apples to apples. In other words, they compare MLS listings (a.k.a the multiple listing service) with similar square footage, whether or not the property has a garage, the types of flooring the home has etc. In the end of this analysis, the agent provides you with a figure for which he or she feels that your property will sell. Once you have chosen a sellers agent, you enter an agreement with them, often called an exclusive right to list agreement. This simply creates a legal relationship between your agent and yourself. Once your house is listed in the MLS listings, there is still much more your real estate professional can do for you. Real estate agents advertise property within their office and on their own personal websites. They often send out news letters, flyers, post cards and offer MLS bulletins for other realtors to see so that your property gains maximum exposure. In addition to advertisements, real estate agents also perform open houses on your property, during which potential buyers can see all that is good about your home. The Benefits of a Buyers Agent Many people feel that real estate agents are for sellers and sellers alone. But this is most definitely not the case. The first arena in which a buyers agent is helpful is finding the perfect home. Real estate agents have access to the MLS on a level that buyers do not. They can search specific criteria and find the perfect three-bedroom, two-bath home with a fenced in back yard and a rocking chair front porch. In addition, they can narrow real estate property listing searches by capping the minimum and maximum prices that the buyer wishes to spend. Once homes are selected for viewing, the agent then ensures that appointments are set up with the sellers of the homes to view the property. Next there is the negotiation stage where a buyers agent comes in handy. The first part of this legal area is the writing of a contract. Real estate agents can help a buyer fully understand the ins and outs of an offer to purchase and give them a sense of exactly what they are getting into. Once a contract is created, presented, and accepted, the agent then sets up appointments on behalf of the buyer for things like the home inspection, pest inspection and appraisals. Your agent can advise you as to which investigations and inspections are recommended or required.Buyers agents also have a sense of who is good at these things and who is not, making these decisions easier on the buyer. Then, when closing time comes, the agent is there to help the buyer warm up their signing fingers before signing all of the papers making their home ownership a reality. Lori Osenbaugh is a licensed Realtor® associated with KellerWilliams - Cherry Creek, Colorado. Search homes in the greaterDenver area http://www.listwithcookie.myhomecards.com Includescustomizeable searches, e-mail alerts of new properties, local area statistics, news, tips and much more!
MORE RESOURCES: Mapped: Global Real Estate Bubble Risk in 2024 Visual Capitalist Home Prices Are Plummeting in Some of the Nation's Most Desirable Places To Live—Especially in These 10 Cities Realtor.com News Florida's real-estate market is on edge amid back-to-back hurricanes Business Insider Exclusive | Tom Cruise can rest easy after Florida penthouse survives Hurricane Milton unscathed New York Post As Hurricanes Strike, Insurance Costs Soar for Commercial Real Estate The New York Times David and Victoria Beckham Buy Miami Mansion for $80 million Mansion Global Mormon Church's Real Estate Arm Buys 46 Farms Across 8 States DTN The Progressive Farmer Richmond City Council again delays real estate tax decision Richmond Times-Dispatch Real estate agent weighs in on 46% property tax increase included in Innamorato’s budget proposal WPXI Pittsburgh Mayor Wu’s line in the sand on property taxes doesn’t make political or economic sense The Boston Globe What's the Word on Portsmouth Real Estate: Experts to speak at forum Seacoastonline.com The Pipeline: Commercial real estate roundup for 10.11.24 RichmondBizSense Adams Real Estate Chief Jesse Hamilton at Crux of Big Deals Boosting Struggling Commercial Landlords THE CITY Texas mom, luxury real estate agent missing after party at exclusive private club, husband arrested Fox News Louisiana’s insurance crisis expected to hang over real estate market in the coming year FOX 8 Local First Dallas real estate mogul buys downtown Greyhound property The Dallas Morning News Insurance costs squeeze commercial real estate as climate risks rise Environmental Health News Here are the latest Manitowoc County real estate transfers from Sept. 30-Oct. 4, 2024 Herald Times Reporter Inked: Recent LI real estate deals Long Island Business News Invesco Real Estate’s Bert Crouch On the Rise of Alternative Lenders Commercial Observer REAL ESTATE | Grand opening of Eisenbahn Village on Sunday, October 13 in West Bend, WI washingtoncountyinsider.com Current Real Estate Roundup - October 10, 2024 Nantucket Current Portsmouth condo sells for record $5.8 million. Seacoast real estate inventory rising. Seacoastonline.com Welcome to Real Estate Friday! theberkshireedge.com Brooklyn Real Estate Market Report: 3Q 2024 Corcoran Inhabit Real Estate: September 2024 Coronado Market Update Coronado Times Newspaper Nonprofit Investment Vehicle SparkYouth Gains Critical Support From Commercial Real Estate Industry Commercial Observer Real Estate Directory for October 11, 2024 The Garden Island Photo tour of custom home listed at $12.75M on historic Seaspray Ave. in Palm Beach Palm Beach Daily News How a Small Real-Estate Developer Is Building a Big Portfolio Hawaii Business Magazine Louisiana’s insurance crisis expected to hang over real estate market in the coming year FOX 8 Local First New Adams-world bribery probe eyes city leases and a top real estate firm Crain's New York Business Kern of Sweeney Real Estate & Appraisal sells 3,223 s/f Millers Tavern restaurant New England Real Estate Journal Online Point Park University study recommends adding restaurants, real estate investments Downtown WPXI Pittsburgh Real Estate: Who's Your Neighbor? East Hampton Star Billy Joel Is Selling the Mansion He First Saw While Dredging Oysters The New York Times Buzz on Business: New Verdi Production Announced; Big Real Estate Sale East Greenwich News This 1940s house on the market in Vermont is a time capsule. Take a look Burlington Free Press Real estate notes: $10M Lake Keowee home takes title as Upstate’s biggest sale The Post and Courier What's the most expensive property sold in RI? Oct. 11 real estate transactions The Providence Journal Quebec Real Estate Market: A Very Active Third Quarter Boosted by Lower Interest Rates and the Return of Buyer Confidence Yahoo Finance Real Estate Transfers: Oct. 10, 2024 Suffolk Times News | As San Francisco sees modest job growth, the region's commercial real estate responds CoStar Group SmartCentres Real Estate Investment Trust to Release 2024 Third Quarter Results and Host Conference Call GlobeNewswire Shelter Island Reporter Real estate Transfers: Oct. 10, 2024 Shelter Island Reporter Stan Lee’s Final Home in Hollywood Is for Sale, a Luxury Development in Austin Breaks Ground, and More Real Estate News Architectural Digest Opinion | A lost Trump interview comes back to life The Washington Post Commercial Real Estate: A Cause for Optimism Connect CRE Real Estate Prices Up, Sales Down in September Brownwood News What we know about Brad Simpson, husband of missing Realtor Suzanne Simpson San Antonio Express-News Buying A House In 2024: A Step-By-Step Guide Bankrate.com Sale closed in Hatfield: $789,000 for a multi family MassLive.com Search underway for missing Olmos Park real estate agent, mother San Antonio Report Florida housing market crumbles: Homeowners struggle to sell amid rising insurance costs and storm fears New York Post |
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