It’s easy to find at Realtor- knowing if they are right for you may take a little more time.You find
Choosing Your REALTOR ®
It’s easy to find at Realtor- knowing if they are right for you may take a little more time.
You find them on the internet, from a sign in the yard, an open house or maybe a referral from a friend.
As Realtors, we all have different styles and you need to be comfortable with who you choose because you will be spending a lot of time together. You are counting on our knowledge and expertise in finding your home, negotiating the best price and terms, and facilitating the inspection and closing of your home purchase or sale.
When you engage the services of a Realtor we are required to explain Agency. We also have you sign a form either hiring us as your Agent or electing to be Unrepresented before we can answer any questions about a property that is not general knowledge.
There are four types of Agency:
*A Seller’s Agent or Listing Agent-represents the Seller, assist in pricing, marketing the home and negotiating any offers received.
*A Buyer’s Agent-represents the buyer, locates potential properties, assist with negotiating offers, and protects the buyers interest.
* A Dual Agent-represents both the Buyer and the Seller in the same transaction.
* A Designated Agent-is when both the Seller and the Buyer are using the same Broker, but are represented by different agents in the same firm.
Are totally confused- just know that the Realtor you are working with needs to explain this to you and the Agency form they ask you to sign is legal, and binding you to agree that they will be paid a commission when you purchase a home. These forms have a beginning date and an expiration date and that expiration date is negotiable. You have the right to decide the expiration date- it can be for a single property, a day, week, a month or as long as you are comfortable. Remember it is easier to extend the date if you are happy with your service, not as easy to get out of the contract if you are unhappy with their service.
Most Realtors are paid at the closing of your home purchase with a few exceptions when they are hired for very limited services and paid at the time of that specific service. So this is why you should only be working with one Realtor at a time. We all have access to the same information, if you give your agent as much information about the type and location of home you are looking for, if it exist they should be able to find it for you.
We have many tools to get you information on available homes within a short period of time after they hit the market, to include automatic emails and a new mobile App called Homesnap that gives you access to all of the homes listed for sale in our area.
Bottom line- Make sure the Realtor you choose understands your wants, needs and desires and communicates with you throughout the process.
As a busy professional, you need to partner with a REALTOR® that will be available to answer your calls and guide you through the process of purchasing your new home. Sandra works with her clients to....