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Real Estate Information |
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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
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Urban Land Magazine CoStar CEO blasts Zillow as Homes.com faces scrutiny Real Estate News by RealEstateNews.com Eric Adams Is Raking It in From Big Real Estate New York Magazine Real Estate Transactions, July 14 edition Hopkinton Independent Homes at these Vermont lakes boast some of the most coveted real estate: Survey results Burlington Free Press Real Estate Tokenization: Recent Developments in New Jersey and Dubai Pillsbury Winthrop Shaw Pittman Real estate transfers: 7/16 Toledo Blade Leveraging AI in Real Estate | Florida Realtors Antitrust case against NAR, top brokerages dismissed Real Estate News by RealEstateNews.com ‘Taken advantage of’: Real estate agent ripped off friends, church, and federal government WSOC TV REACH Middle East Opens Applications for its Inaugural 2025 Real Estate Tech Accelerator National Association of REALTORS® ERA Real Estate firms merge in Atlanta HousingWire ‘Taken advantage of’: Real estate agent ripped off friends, church, and federal government WSOC TV Trump turns up heat on Fed chair over possible ‘fraud’ Real Estate News by RealEstateNews.com Rechat’s ‘super app’ finds a new brokerage partner Real Estate News by RealEstateNews.com White Oak Real Estate Capital Provides $46.2M Senior Secured Loan for The Village at Tuxedo Reserve citybiz News | This real estate scion is betting on a rebound for San Francisco’s struggling downtown CoStar Mortgage Rates Today: The States Offering Lowest Rates – July 16, 2025 Norada Real Estate Investments Top residential real estate sales for June 30-July 4 in Sarasota, Siesta Key, Palmer Ranch, Osprey, Nokomis Your Observer LACERS allocates $85 million to real estate Pensions & Investments Grand Cayman Real Estate: Luxury Market Remains Robust Caribbean Journal Colliers Named Exclusive Leasing Agent for Westborough Executive Park Boston Real Estate Times Real Estate Transactions The Jones County News Proterra Investment Partners Announces Formal Launch of Net Lease Real Estate Strategy - PR Newswire Real estate fraud prevention firm CertifID raises $47.5m FinTech Global Adams raises $1.5 million since primary, fueled by real estate donors Crain's New York Business Foreign buyers sank $56B into US homes over the last year — with 1 state accounting for nearly a quarter of their purchases New York Post REAL ESTATE: Navigating Pagosa’s Luxury Home Market Pagosa Daily Post Drake Real Estate Partners closes largest fund yet after pivoting to institutions Private Equity Real Estate | PERE 125 Laurel Valley Drive, Sag Harbor James Lane Post Proterra Expands Into Net Lease Real Estate: Former VEREIT CEO Leads New Defensive Investment Strategy Stock Titan Business Journal hires Mark Dovich as commercial real estate reporter - South Florida Business Journal The Business Journals Finland Officially Bans Real Estate Transactions for Russian and Belarusian Nationals UNITED24 Media NCC IQ Announces This Year's "ReShaped: AI x Real Estate," a Virtual Summit Showcasing Next-Generation AI Trends in Real Estate, Featuring 40+ Expert Speakers and 18 Keynote and Panel Sessions 24-7 Press Release Newswire Bitcoin Is Draining The Value Out Of Real Estate Bitcoin Magazine Tampa Real Estate Lawyer Flowers Joins Squire Patton Boggs Bloomberg Law News Florida Real Estate Market Holds Steady In June NewsRadio WFLA XRP News Today: Ripple Partners with Dubai Land Department to Tokenize Real Estate on XRP Ledger AInvest ​Ohio State Teachers lifts real estate allocation to 10% IPE Real Assets June saw active real estate market Greensburg Daily News 112 acres in Brentwood: Largest estate in decades goes on L.A. market for $70 million Los Angeles Times 15 Under 50: Real estate agent Danielle Sponaugle enjoys helping clients find affordable housing dnronline.com ArentFox Schiff Brings Back New York Real Estate Partner Austin Bloomberg Law News Pittsburgh housing market defies national slowdown Pittsburgh Post-Gazette Parallel and Kayne Anderson Real Estate Announces 23-Story Student Housing Development 250 Church Avenue for Texas A&M University Global Student Living The Daily Dirt: Transit is real estate’s best friend The Real Deal Free Flow Locks In $1.8M Yearly Income Stream Through Strategic NJ Property Investment Deal Stock Titan Andrew Bloom celebrates 30 years at the helm of Arizona’s luxury real estate scene Arizona Digital Free Press Levi Meyer Meets with Alfredo Pujol Discussing Miami’s Real Estate Market - Miami's Community News Levi Meyer Meets with Alfredo Pujol Discussing Miami’s Real Estate Market Miami's Community News Real Estate Firm Uncovers High-Grade Growth Potential Across 28 States streetwisereports.com Top residential real estate sales for June 30-July 4 in Longboat, Lido, St. Armands, Bird Key Your Observer RRHA CEO addressed real estate development committee Richmond Times-Dispatch Jake Paul Closes One Of The Largest Real Estate Deals In Georgia History With $39 Million Purchase of 5,600-Acre Ranch Yahoo Finance |
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