Saturday, April 27, 2019 / by Connie Tracy
During the home-buying process, you will collaborate with and speak with your real estate agent more than any other party involved. This person will be your right hand, support system, and, in some cases, your eyes and ears. Most importantly, they will be the expert throughout the home search or home selling process. Find an agent that fits your needs and they'll work for you to find the ideal home at the price point you can afford.
Not every agent is the same. Take a look at their history of homes sold in the past 6 months to a year. If they have just a few, then you know that this not their number one priority. They may work another job, which may not be in the best interest for you.
There are typically two agents involved in a transaction. The agents are the buyer's agent who represents the buyer and buyer only. There is also the seller's agent who represents the seller and their property. Both agents work on a commission averaging 3% for each agent. This cost is paid by the sellers of the property. Agents are paid only when you close on a home.
These agents should provide the highest quality customer service. They should communicate often and keep their clients posted on updates and properties. As many agents depend upon referrals from buyers and sellers for future business. Remember that having the right agent is an investment into the future home and financial wealth by choosing the right home.
Additionally, you want your agent to EDUCATE, ADVOCATE, and NEGOTIATE for you!