Keith Ellis Armidale - What to Expect From a Real Estate Agent

Keith Ellis Armidale - What to Expect From a Real Estate Agent

Real estate agents can be helpful because they know the local real estate market. Most agents have multiple listing services that publish directories of all properties listed for sale in a particular market.

Keith Ellis Armidale - The real estate agent will consult the multiple listing directory for you and determine available properties that meet your specifications, such as price, size, and location. He or she will share those lists with you electronically, just like a dating app; You will be notified when a new property that matches your profile is listed. Your agent will take care of showing you the properties that interest you.

Another advantage of working with a real estate agent? Someone who is familiar with your area can usually tell you about school systems, tax rates, water and sewer charges, public transportation, and other concerns that could affect your decision to buy a particular home. Real estate agents generally specialize in particular areas, so you may want to find someone who knows the area that interests you the most to help you find a home.

Keith Ellis Armidale - How to find areal estate agent

There are many ways to find a real estate agent:

* Ask for recommendations from friends or family

* Go to properties for sale that are open to the public to meet agents

* Contact real estate companies that advertise properties that interest you

* Find local agents online

Generally, it is best to choose a real estate agent you are comfortable with and work with that person until you find the home you want to buy.

Keith Ellis Armidale - The Role of the Real Estate Agent

Sellers will generally "list" your home with an agent and agree to pay a commission if the home is sold within a specified time period. During that time, the real estate agent will attempt to sell the property through advertisements and home exposure to the public. It is important to understand that the agent you meet in a house on display or through a listing represents and works for the seller. 

The agent has certain obligations to the seller and will pass on any information you provide. In a real estate transaction, that agent is known as the "seller's agent." A "buyer's agent" works directly for you as a home buyer and represents your interests throughout the home search and bidding process. 

Keith Ellis - Real estate agents commonly work on commission. Your fee is based on the purchase price and is paid by the seller. If an agent of the seller and an agent of the buyer are involved in the purchase of the home, they share the commission. As a buyer, in most cases, you will not pay a real estate commission.