How to find a top Realtor in Palm Springs ,Ca or anywhere and whether You sell or buy a house!
How many times do you plan to buy a house during your entire lifetime?
For most of us, the number is somewhere between 3 and 5. It certainly doesn’t happen often enough to make us experts on the process.
Real estate agents, on the other hand, may handle 3-5 purchases per month. This experience makes them an invaluable resource to home buyers.
Before you think about handling your purchase on your own, consider these 3 serious dangers of buying without a real estate agent.
THREE SERIOUS DANGERS OF BUYING A HOUSE WITHOUT A REAL ESTATE AGENT
Risk #1. Overpaying for your home
Many buyers make the mistake of thinking that the listing price always reflects the real value of a home.
Real estate agents know better. They know how to value real estate. They’ve had extensive practice in finding and analyzing comparable properties to determine the fair market value of any home.
Your buyer’s agent can tell you what a home is really worth before you make an offer on it. This can save you from accidentally overpaying for your home.
Good agents also know that fair market value isn’t a single number. It’s a range, with room to negotiate. Armed with their local market knowledge, they can negotiate on your behalf for the best possible price.
Risk #2. Being overwhelmed by the house/home inspections
Home inspections can be scary, especially for first-time buyers. Which inspections do you even need?
Inspectors note everything they can find wrong with the property. And it’s usually a sizable list, even on the best home. Your buyer’s agent can help you prioritize the issues on the inspectors’ reports. They can help you determine which items must be addressed immediately, which items should be addressed at some point in the future, and which items are listed simply documented for your information.
They can also help you renegotiate the original offer if the inspections find that immediate repairs are necessary. Perhaps you should ask the sellers to cover the cost of the roof repairs or the HVAC replacement? Your agent can help you decide.
Risk #3. Buying the wrong house
It’s the scariest question in the house-buying process: What if I buy the wrong home?
Agents are elbow-deep in local market data all day every day. They know why some neighborhoods have high turnover. They know about upcoming development projects that can make a neighborhood more desirable. And they know about homes coming on the market days before the listings are available online.
Having an agent with all this information in your corner can prevent you from buying the wrong home. Or buying in the wrong neighborhood altogether!
Remember: the seller customarily pays all real estate commissions. It literally doesn’t cost you a penny to protect yourself against these dangers. Why risk it?
This post is intended for informational purposes only and should not be taken as professional advice. The point of view and opinions expressed in this post are those of the author and do not necessarily reflect the position of Realty Executives International. This post was written by Michelle Clardie. Michelle is a professional real estate blogger, specializing in ghostwriting Realtor® blogs. Her engaging content helps real estate agents become more visible online, generate more qualified leads, and increase their revenues. You can learn more at www.michelleclardie.com
learn more on the topic by clicking Here
Questions to Ask When Choosing a REALTOR®
How long have you been in residential real estate? Is it your full-time job?
Like most professions, experience is no guarantee of skill. But much of real estate is learned on the job.
Do you have any designations or certifications?
Real estate professionals have to take additional specialized training in order to obtain these distinctions. Designations and certifications help define the special skills that an agent can apply to your particular real estate needs. One designation buyers should look for is the ABR®, or Accredited Buyer’s Representative.
What’s your business philosophy?
While there’s no right answer to this question, the response will help you assess what’s important to the agent and determine how closely the agent’s goals and business emphasis mesh with your own.
How many buyers did you and your real estate brokerage represent last year?
This will tell you how much experience they have and how up-to-date they are on the local market.
What’s the average variation between your initial offers and final sales price?
This is one indication of a REALTOR®’s pricing and negotiating skills.
Will you represent me exclusively, or might you choose to represent the seller as well?
While it’s usually legal to represent both parties in a transaction, your REALTOR® should be able to explain his or her philosophy on client obligations and agency relationships.
Can you recommend service providers who can help me obtain a mortgage, make home repairs, and so on?
Practitioners should be able to recommend more than one provider and let you know if they have any special relationship with any of the providers.
How will you keep me informed about the progress of my transaction?
The best answer here is a question. A real estate agent who pays close attention to the way you prefer to communicate and responds accordingly will make for the smoothest transaction.
Could you please give me the contact information of your three most recent clients?
Ask their former customers if they would use the agent again in the future.
for other Palm Springs related articles click HERE