You’ve made one of the biggest decisions of your life in choosing to purchase a new home. You probably have questions about the home buying process, how to look for properties, and how much you can afford. You can find helpful information online for some questions, but there’s nothing like being able to turn to someone knowledgeable for a definitive answer about this important decision. After all, we’re talking about one of your most valuable investments. Do you really want to leave that to chance? Let’s take a look at why you should use a real estate agent when buying a home.
👤 What is a Real Estate Agent?
A real estate agent is someone who meets state licensing requirements to assist people when it comes to buying and selling real estate. They take classes and pass exams that are required to be licensed. Most real estate agents are paid a commission for their services. The real estate agent helps a buyer find properties that meet their search criteria, process necessary paperwork, and negotiate terms for the purchase. Real estate agents are typically part of a team or belong to a real estate brokerage. You’ll find that real estate agent is a widely used term, but a real estate agent must be part of a brokerage.
🙋♂️ Are all real estate agents the same?
A real estate agent can also be licensed by the state and be a member of the National Association of REALTORS®. These real estate agents must agree to follow a strict code of ethics. They are required to protect the interest of their clients, offer full disclosure if they are also working with the seller, and be honest when it comes to property details. They also must be part of a brokerage.
🙋♀️ What is a Broker?
A Broker is a person who owns the agency for which the real estate agent is affiliated with for business purposes. They are required to take classes and pass exams that real estate agents are not required to take. They are the ones who set up accounts for earnest money and approve all contracts. A broker doesn’t need to be affiliated with anyone else to sell or help someone purchase real estate.
[su_note note_color=”#df229b” text_color=”#ffffff”]Your real estate agent is the best source of information about the local community and real estate topics. Give C4 Elite Real Estate Team a call today at 801-678-7959 to learn more about local areas, discuss selling a house, or tour available homes for sale.[/su_note]
Which Real Estate Agent to Choose
While the two terms are used interchangeably, you may want to choose a real estate agent who is also a member of the National Association of REALTORS®. The extra protective this connection provides can offer you peace of mind as you proceed with the home buying process.
😃 Why do I need a real estate agent?
You could most likely find properties online or by riding through town looking for signs, but there is more to buying a home that looking for a style you like with enough bedrooms.
A real estate agent can save you time by narrowing down the listings for you to view according to the criteria you provide. Not only that, but they can alert you when new listings are coming on the market, as they may know before the listing hits online sources.
A real estate agent can save you money by helping you create an offer on the home you wish to buy that makes sense. They have experience in the area and knowledge about recently sold homes. You want to present an offer that catches the attention of the seller, and a real estate agent can help you do just that.
A real estate agent is there to help you with all the paperwork and details that are involved when you buy a home. The last thing you want is to miss something in the fine print of a sale that ends up costing you money and causing heartache or stress in the future. They understand all the legal terms associated with the real estate market.
A real estate agent is skilled at negotiations and will work on your behalf when it comes to counteroffers and other compromises that may be needed. You can trust them to abide by the code of ethics they have agreed to uphold.