Saturday, May 2, 2009

Is Your Real Estate Agent Right For You?

Your real estate agent will play an important role in helping you, the buyer, find and get into your dream home. Many agents hold themselves out to be "Buyer's Agents" but they may not be. Here, you will find some tips and information on how to tell whether your realtor is really right for you.

A good agent will be clear. This means you will know clearly and concisely what services he/she will be providing you, what his/her relationship is to you and he/she will be getting paid.

A good agent is unbiased. This means that you will never feel pressured into approving or disapproving any one specific property you are shown, especially because it may affect your agent's compensation. If your Denver real estate agent is thinking about their checkbook while helping make suggestions, chances are you are not getting what you want. The homes they show you will not be in your price range and ultimately not be your perfect home.

A good agent is meticulous. This means that your agent will spend time and effort determining a fair and reasonable price on the property you are considering. Your agent should review comparable sales in light of inventory levels and the economic environment as well as considering your individual property's attributes. This also means that all your documents (whether being submitted or received by you) will be proofread and reviewed to insure against errors and omissions.

A good agent is a good negotiator. This means that you will not feel alone and abandoned when it comes time to negotiate with the seller and his/her agent. They should listen to your suggestions and should fight for the price you are willing to offer.

And finally,

A good agent uses his/her resources. This means that your agent, who is more knowledgeable about the real estate industry than you are, will use his/her resources to help you get the best value in home inspectors, appraisers, repairmen, decorators or any other "expert" advice and opinions you may need.

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