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Home Buying 101: Choosing a Real Estate Agent
Commentary
Brandon Cornett is one of our more popular contributors to Educated
Home Buyer. He has provided a series of articles for home buyers who
would like to know more about the home buying process.
Please be sure to check out his website for more great home buying
tips.
------------------------------------------------------------------------------Even
with the wealth of home buying information available on the
Internet, it's a good idea to have an agent. The fees you'll pay an
agent are nominal when you consider what all an agent can do for you.
Buying a home is a monumental event that can affect you for years
to come -- an agent can help you make sure it's a positive event.
Among other things, a good agent will act as your home-buying expert,
tour guide, negotiator, paperwork administrator, and, most importantly,
your trusted advisor.
Additional Benefits of Having an Agent
They can help you understand the different financing options available
to you.
They can likely refer you to a lender who can help pre-qualify
you for a loan.
They almost always have access to the Multiple Listing System
(MLS), an electronic listing of homes for sale by other agents.
They may know of homes for sale in the area that are not yet
being marketed.
They can help you stay on track throughout the buying process,
with the many appointments and events the process brings.
They will handle all the home-buying paperwork ... and there's
a lot of paperwork.
They can help you negotiate with sellers.
They can help you determine the realistic value of homes based
on recent sales in the area.
How to Find an Agent?
Seek referrals from friends who have bought homes in the area. Look
on the Internet. Look in the "Homes" or "Real Estate"
section of your local newspaper.
The ideal agent knows the local area well. And most importantly,
he or she listens well and respects your needs and limitations.
Trust your instincts. If an agent makes you uncomfortable for any
reason, find another one.
-----------------------------------------------------------------------------
About the author - Brandon Cornett
Brandon Cornett is the editor of HomeBuyingInstitute.com, one of
the Internet's largest and most respected libraries of home buying
information - more than 100 expert articles in 12 different home
buying categories! Put this knowledge to use by visiting http://www.HomeBuyingInstitute.com.
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