If you
have ever gone through the process of buying a house on your own, you will probably agree now that none
should go about the buying process. Now you understand that there are things
you could have done differently if you had someone to give you the right
advice. Today, if you had to go through the process again, you will definitely
do it differently. You will not let the thought of paying fees scare you from
getting expert help during the process.
At least
you who have been there before can easily convince those who are trying to buy
property now why they need to get services of Steve
Kinne in Houston to help
them. You can easily convince them because they will not feel like you have any
vested interest in the deal. Sometimes buyers are weary of agents giving such
advice because they tend to feel the agents are just trying to get them to
spend more. Unknown to most buyers they are not supposed to be the one to pay
the buyer representative. That is the job of the seller. If you fail to get an
agent, the only person who gains by this is the listing agent.
Generally
you will have to sign an agreement with the chosen representative on how work
will proceed. This should detail what job the rep is expected to carry out and
how they will be compensated. Often it is better to check that the rep you are
using is a licensed buyer’s rep
and authorized to work in the area. Make sure also that the rep is not working
for the seller to avoid issues of conflict of interest.
The Agreement
In the
buyer real estate agent relationship, there will be an agreement that binds the
working relationship. This agreement will stipulate the responsibilities of the
rep as well as the buyer. If you will make an agreement then it will help you
in the long manner. When you write an agreement, you have to mention each and
everything that you discuss with your real estate agent verbally.
The real
estate agent is expected to do the
following
- Suppose to notify they buyer if they
are working with any other buyer interested in the same property.
- Protect the personal and financial
information of their client
- Show their client any property that
they feel meets their client’s criteria
- Advice their client appropriately as
the need may arise and try their level best to fulfill all the
requirements.
The
buyer should
- Expected to work with only the chosen
reps
- Cannot call other reps to look at
other listings
- Clearly explain what they want and
what they do not
When looking for a house,
endeavor to talk to different reps before choosing the one to work with. Make
sure the agent you choose to represent you is knowledgeable about the type of
property you are interested in
and the area where you want this property.
Comments
Post a Comment