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How To
Find a Real Estate Agent
By Alex
Fir
You may be of the opinion that you don’t
need a real estate agent and that using one will
add to the cost of buying your new home.
The fact is that a real estate agent’s
fees are typically paid by the seller of the
home. So, as a buyer, you can get the services of
a professional real estate agent without having
to directly pay for it. Please confirm this in
any paperwork or contracts that a real estate
agent may provide because policies vary greatly
by state and company. Be sure to ask about fees
when you interview agents.
Most real estate agents may work with buyers
and sellers but often they specialize in working
with one or the other. Make sure the agent that
you choose has experience working with buyers and
with no down payment transactions.
Be careful if you are speaking with a real
estate agent and they don’t seem to
recognize terms like “Down Payment
Assistance Program”.
Start making a list of possible real estate
agents to interview with referrals from your
lender, friends and family.
A referral from the lender is great because
you get the services from people that have worked
together in the past and are already familiar
with each other's systems. This can help prevent
any last minute surprises or obstacles.
Questions to ask while you are interviewing
real estate agents:
Please explain your fees.
Are you familiar with any no down payment
financing programs?
Have you been involved with no down payment
buyers in the past?
Would you mind providing sample contracts so I
may review them?
Does it clearly state in the contract who will
be paying your fees?
How long have you been a real estate agent?
Do you mostly work with buyers or sellers?
I’m looking for a home in the areas of
______. How familiar are you with those areas?
What specific steps would you take to help me
find the home I am looking for?
You should also try to get an idea of these
factors while you are speaking with the agent.
- Does this person have good negotiating
skills?
- Do you feel this agent is trying to
understand your situation so that they can
properly represent you to sellers?
- How much knowledge does the agent have about
mortgage markets?
Do you need business or finance information?
Visit Business Finance Information,
FREE web site for those who want to learn how to
achieve success in business and finance.
Article Source: http://EzineArticles.com/
www.betterthanokay.com
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