Realtors- A Guide to Using Them
Here are a few tips on how to benefit maximally while using realtors in the home-buying process.
1. Do not pay a buyer's agent out of your own pocket: buyer's agents take part of the commission from the selling agent, and should not be asking you for money up front. For this reason, you need not deny yourself the advantage of using a realtor.
2. Is the realtor also the listing agent? Although it is not really considered a conflict of interest, buyer's agents should let you know up front if they are taking you to see a home, which they are additionally the listing agent for. If you notice that almost every single house you go to is like this, then you can make the conclusion that your realtor cares less about what sort of home best suits you and more about which homes that they represent they might be able to sell to you.
3. Pay attention to the homes your realtor takes you to see. Make sure your realtor isn't taking you to homes which are solely represented by the realty company they work for. Quite simply, they should take you to any home which suits your needs, regardless of which company is listing the home.
4. Inform the realtor about your needs. Make sure that you know the type of house you want, the area you're comfortable living in, and other attributes that are important and that you communicate these to your buyer's agent. That way, s/he will be in a better position to serve you better by showing only houses that meet your criteria.
Buyer's agents bring along with them certain credibility, and since they are well versed in the fine art of negotiation in many cases they will wind up saving you money in the long run. Arming yourself with information on how to get the best from them will also enhance your home buying experience.
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