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Best Real Estate Professionals For A Winning Deal
When you give a thought to sell or buy a house or any form of property the most important question that comes to mind is how to go about it. We need some professional guidance from some real estate professional .Now the question arises is that how...
FSBO Wisconsin - Madison And More...
Once considered a bit of a backwater state, many Americans are reconsidering the virtues of living in the State of Wisconsin. Here’s a primer on Wisconsin real estate and living in the state.
Wisconsin
Wisconsin has stormed onto the scene as...
How To Sell Your Own House
With a robust real estate market, selling a house isn’t particularly difficult. Here’s a primer on how to sell your own house.
How To Sell Your Own House
First and foremost, you need to educate yourself on how real estate transactions happen....
South Carolina Real Estate – Past And Present Collide
With tons of history and modern development, South Carolina is a unique state. South Carolina real estate is also unique because prices are so low.
South Carolina
It would be an understatement to say South Carolina played a major role in the...
The Home Warranty Doctor Is In!
Would you go to your real estate agent for advice on the stock market? Probably not. While your real estate agent does help you with a different kind of investment – your home – that doesn’t make them automatically qualified to give you advice on...
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How To Find A Real Estate Agent
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?
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