finding a home to the buyers’ liking without their own effort and dealing with negotiations and the many attendant home-selling duties? However, it’s unlikely that both the buyer and the seller will reap the benefits of not paying real estate agents. Buyers looking to purchase a home sold by owners without an agent may believe they can save money on the home by not having an agent involved and so look solely at FSBO houses. They might expect it and make an offer accordingly. Unless the buyer and seller agree to split the savings, they can’t both save that money—and that’s if the listing price was not already lowered to make it more market- attractive. Here’s a short list of the advantages that using a real estate agent can bring to your buying experience:
• Education and experience • Agents are buffers • Neighbourhood knowledge • Price guidance • Market conditions information • Professional networking • Negotiation skills and confidentiality • Handling volumes of paperwork • Answer questions after closing • Develop relationships for future business
It’s extremely important to know the “ins and outs” of real estate agents before you bring one along with you to help in your search for a home, just so that you know what to expect, and what will be expected of you.
WHO A REAL ESTATE AGENT IS GENT IS
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