Thursday, November 20, 2008

Top Reasons A Buyer Should Hire A Realtor

Whether you are buying or selling real estate, it can be a complicated event. The transaction involves lawyers, appraisers, bankers, surveyors, buyers, sellers, and the list could go on and on.

Just like when your car is torn up, you take it to someone who knows what "that sound" is, a realtor will know what to do to either sell your property or to help you find the perfect house for you to buy.

We have all seen the signs "For Sale By Owner." However, according to statistics gathered by the National Association Of Realtors, around 80% of all houses are sold by real estate agents. That means that most of the FSBO's are not sold until they are listed through a realtor.

When you hire a buyer's agent:
  • the agent has a responsibility to represent your interest in the transaction.
  • the agent will ask you to sign a buyer agreement, but the seller pays the commission.
  • the agent should be someone that you trust, therefore you should interview several.
  • the agent will know the area and what is available.
  • the agent will take care of the paperwork that is necessary.
  • the agent knows the laws about selling real estate.
  • the agent will able to help pick out houses for you to see - that meet your criteria.
  • the agent knows the prices in the area and if the asking price is reasonable.

There are several reasons to hire a realtor when trying to find a house. One of the best is because they can take a lot of the work off of you.

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