What Agents Know And what they can find
A knowledgeable agent knows exactly what's in your
price range, which helps tremendously in identifying the right home at the right
price in the right neighborhood. That's a valuable service. Agents also have access
to a variety of informational resources that you don't.
is the Multiple Listing Service (MLS), a searchable database of residential properties
in your region. Just plug in anything from your wish list: number of bedrooms
or baths, etc., at a certain price in a particular geographical area, and the
MLS generates all the homes for sale with those features in your price range,
perhaps not listed in the real estate section of your newspaper or on the Internet.
Buyer Brokers Provide the Unvarnished Truth Why?
Remember when it comes to negotiating a sales price,
the Realtor does NOT represent you or your financial interests, under the traditional
definition of "agency."
Unless you contract specifically
with the agent to represent YOU the buyer as a "buyer-broker," he or she is beholden
to the seller-strange but true. If you do decide to hire an agent as a buyer's
broker, you'll enjoy certain advantages from the outset.
the traditional form of agency where the agent cannot tell you which home to buy,
how much to offer for it, or criticize the neighborhood, a buyer's broker is free
to point out any of those things. Your broker will not be "muzzled" in what he
or she can or cannot say about a home listing. Remember that although an agent
can provide valuable advice, it's up to you to always look out for your own interests-no
one can do that for you. Don't agonize over whether to choose a buyer's broker
or standard agent. The main priority is finding a quality agent to assist you.
Now That You Have Some Help...
And know what to look for in a good neighborhood, let's take a look at how to
rate specific homes and neighborhoods.
Learning in Action...
you'l learn how to rate homes and neighborhoods.
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