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5 Steps To Successful Property Investment
When looking to invest in property it’s always important to take a structured approach to ensure you get only what you are looking for. Over the years I’ve developed the following structure and I’ll always stick to it so that I know I have done all...
Can You Afford A House?
The time has come to buy a house. Questions buzz around in your head like a swarm of angry bees: “How much can I borrow? How much do I have to put down? How much will my payments be?” Well, let me suggest starting with the “How much can I borrow?”...
Real Estate Foreclosure Risk: The Double-Edged Sword In Real Estate Foreclosure Investments
As a real estate foreclosure investor, now is the time to take advantage of the growing opportunities and profits in the real estate foreclose market due to rising foreclosure risk. However, without accurate foreclosure investment advice you also...
The Different Ways You Can Sell Your Property
There are two ways that you can sell your property. One way is to use an estate agent and the other is to sell privately, which usually involves advertising on the internet. In this article we’ll look at the two options to help you decide which one...
Tips For Buying Timeshare
Want to enjoy an ideal vacation with your friends and family? Buy a timeshare property. Buying a timeshare for a vacation is the best way to enjoy a good holiday out with your family and friends.
First things first, what is a timeshare? When you...
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The Benefits Of A Professional Realtor®
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.
About the Author: Lori Osenbaugh is a licensed Realtor® and e-Agent associated with Keller Williams - Cherry Creek, Colorado. For complete MLS access, new property alerts, and much more visit Lori's web site & start your home search in the greater Denver area http://www.listwithcookie.myhomecards.com
Source: www.isnare.com
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