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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?

Do you need business or finance information? Visit Business Finance Information, FREE web site for those who want to learn how to achieve success in business and finance.


MORE RESOURCES:

Real Estate - Google News

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MarketWatch

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KDRV

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Signs advertising commercial space for sale are not hard to find in the Rogue Valley, but local real estate agencies say these spaces are gradually becoming easier to fill. Strips of retail or office space are seen in many areas around Medford.
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China Daily

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The Park City Board of REALTORS shut the book on the 2011 real estate market, releasing their annual report on last year's number of sales, sales prices and number of foreclosures. 2011 sales increased by a total of six percent from the year before ...
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Alexandria Real Estate Q4 FFO Rises - Quick Facts - NASDAQ


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(RTTNews.com) - Alexandria Real Estate Equities Inc. (ARE) Tuesday reported an increase in funds from operations for the fourth quarter, as revenues grew. Funds from operations, FFO, attributable to common stockholders for the quarter was $67.8 million ...
Alexandria Real Estate Equities, Inc. Reports Fourth Quarter and Year Ended ...MarketWatch (press release)
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By Deanna Parrish You find this great house that is in the perfect location, it's in a great school district, excellent floor plan and the yard you always wanted. It's the lowest price in the neighborhood. So what's not to like? It's a foreclosure.

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REAL ESTATE: Refinancing expanding for Fannie/Freddie borrowers - Press-Enterprise


Los Angeles Times

REAL ESTATE: Refinancing expanding for Fannie/Freddie borrowers
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With the changes that are expected to make the program much more effective, the program is being called HARP II by those in the real estate and mortgage industries. Probably the most significant improvement is that it lifts the ceilings on the amount ...
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Collins Joins Equity Office Properties in Boston as Regional Director - Citybizlist Real Estate


Citybizlist Real Estate

Collins Joins Equity Office Properties in Boston as Regional Director
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Collins brings more than 15 years of experience in real estate investment management to this role. Formerly, Collins was a Director at Long Wharf Real Estate Partners and was involved in the group's asset management activities.
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The Real Estate Book Helps Agents Go Mobile in Just Minutes With Free Online ... - MarketWatch (press release)


The Real Estate Book Helps Agents Go Mobile in Just Minutes With Free Online ...
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LAWRENCEVILLE, GA, Feb 07, 2012 (MARKETWIRE via COMTEX) -- With more and more consumers relying on mobile devices for local information, real estate professionals can no longer ignore this increasingly important channel when marketing properties.
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