40-year-old roof might not be worth the asking price. According to the San Francisco Chronicle’s Home Guide, if you decide to buy with the intention of building an addition, the agent should advise you to check the zoning before making an offer. If you are building be sure to the buyer agent is skilled in the building process and understands the ins and outs along the way. The building process is far more detailed and requires a different level of expertise than purchases an existing how. A knowledgeable real estate agent experienced in construction can come in very handy in offering guidance and effective decision making along the way. Agree to sign a buyer’s agreement after you have met with an agent, and discuss the terms for payment, whether that's a negotiated commission structure or a direct payment from buyer to the buyer's agent. A buyer’s agent is legally required to maintain your confidentiality, disclose material facts to you, including the potential for direct compensation, and maintain loyalty to you.
LOOK FOR PROPER CREDENTIALS
You wouldn’t trust a doctor who didn't have the proper credentials and licensing. Don’t trust a real estate agent who doesn’t present theirs or doesn’t have them at all. It’s easy to find real estate agents who can take the job, but finding agents with special credentials—those who have gone that extra step to take additional classes in certain specialties of real estate sales—is worth looking into. Here are just a few credentials within real estate that you should be on the lookout for: • Associate Broker: Completed additional training and met minimum sales requirements. 6
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