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Why Use a REALTOR® When Buying a Home?
A real estate agent can help you understand everything you need to know about the home buying process.
Not all real estate licensees are the same; only those who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR " ®" trademark on their business cards and other marketing and sales literature.
REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict Code of Ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reported that 84% of home buyers would use the same REALTOR® again.
Real estate transactions involve one of the biggest financial investments of most people’s lifetime. Transactions today usually exceed $250,000. If you had a $250,000 income tax problem, would you attempt to deal with it without the help of a certified professional accountant? If you had a $250,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be wise to work with a professional REALTOR® when you are buying a home. | |
All the Real Estate Agents are on the Seller's side of the (fence) transaction |
Buyer Agency...
In Grand Rapids and all of West Michigan.
What is it and how will it benefit you the Home Buyer?
In the past, most Real Estate Companies have practiced Real Estate using the...
TRADITIONAL BROKERAGE SYSTEM
Under this system, all Real Estate Brokers and their Agents (including the Agent who sells you the home) are Agents for the Sellers and have a duty to represent the Seller's best interests, including:
negotiate for the highest price possible, and
structure the transaction to the seller's advantage
In addition to Traditional Brokerage Services, our company offers Home Buyers complete Representation services using the...
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The Selling Real Estate Agent is on the Buyer's side of the (fence) transaction. |
BUYER AGENCY BROKERAGE SYSTEM
Under this system, the selling Real Estate Broker (the agent who sells you the home) is the agent for the Buyer's best interests, including:
negotiate for the lowest price possible, and
structure the transaction to the buyer's advantage
Highest or Lowest Price... Which would you prefer?
Below are just three examples of the many benefits available for you...
Substantial Savings Possible!
I will help you negotiate to obtain the best possible price, terms and conditions.
Receive a Comparative Market Analysis!
I, as a Buyer's agent, will do a comprehensive market analysis on the property you select. This will help you establish fair market value before an offer to purchase is made.
You Can Be Shown Everything!
In addition to MLS listed properties, my Buyer Broker System allows me to show you all available homes including non-MLS listings and unlisted properties such as for sale by owners (FSBO), foreclosure sales and homes not yet on the market. In other words, you will have access to the TOTAL market. | |
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If you're still not convinced of the value of a REALTOR®, here are more reasons to use one:
Your REALTOR® can help you determine your buying power- that is, your financial reserves plus your borrowing capacity. If you give a REALTOR® some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you. Most lenders - banks and mortgage companies - offer limited choices.
Your REALTOR® has many resources to assist you in your home search.Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.
Your REALTOR® can assist you in the selection process by providing objective information about each property. Agents who are REALTORS® have access to a variety of informational resources. REALTORS® can provide local community information on utilities, zoning, schools, etc. There are two things you'll want to know: First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
Your REALTOR® can help you with negotiations and inspections.There are many negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or appliances. The purchase agreement should allow time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
Your REALTOR® provides due diligence during the property evaluation.Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your REALTOR® can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports.
You will also want to see a preliminary report on the property title. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your REALTOR®, title search company or attorney can help you resolve issues that might cause problems at a later date.
Your REALTOR® can help you understand different financing options and identify qualified lenders.
Your REALTOR® can guide you through the closing process and make sure everything flows together smoothly.
Learn more at the Home Buyer Seminar
Click Here to Contact Dave Today and Find Out
How You Can be Represented in Your Home Purchase!
and
Click Here for a Personalized List of
Homes Currently For Sale to Match Your Specific Needs | | | |
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