So, you want to look at a house?
I’ve had the good fortune to work with a LOT of buyers in my real estate career thus far and one thing that always surprises me is how little buyers understand about the real estate “process”.
Education is my forte, and I’d like to take some time to share a few commonly asked questions so if YOU want to “look at a house”, you’ll have the tools you need.
First of all, the most important thing to do when buying a home is to find a real estate agent you feel comfortable with. Take a little bit of time here, talk with a couple agents, get a feel for their personalities and how you may work together. Purchasing a home is a MAJOR financial decision. You owe it to yourself to work with someone you feel comfortable with.
When it comes to choosing an agent, most people don’t even realize they can work with whomever they want. You don’t need to call the agent who has the house listed. You don’t even have to call that real estate company to see that particular house. Any REALTOR can show you any home listed in the MLS (the multiple listing service). So take some time to find ONE agent you like and work with them.
Why not work with several agents at once? Realtors all pull their information from the same system, the MLS. If they’re all accessing the same system for the same information, why wouldn’t you pick ONE whom you had a comfort level with?
On the flip side, if an agent understands you are committed to them. . . .and not “shopping around” with a number of Realtors, they’re going to be committed to YOU as well. They’ll be much more likely to invest their time and energy into helping you find a home, because they understand they’ll ultimately be compensated for their time.
Yes, that’s right, Realtors work strictly on commission. We don’t get paid unless we sell a house. Time equals money. And while most of us don’t mind spending as much time as our buyer and sellers need to find (or sell) a house, ultimately that time has to translate into a “transaction” or it’s time “uncompensated”. Think about that the next time someone asks you to do something “for free”. Would you spend a significant chunk of your time knowing you weren’t being compensated? If you’re like most of society, you’re a lot more likely to commit to someone knowing you’ll receive a payoff of some sort in the end.
Tune in next time, when we’ll talk about how to actually “set a showing” with your Realtor.
Education is my forte, and I’d like to take some time to share a few commonly asked questions so if YOU want to “look at a house”, you’ll have the tools you need.
First of all, the most important thing to do when buying a home is to find a real estate agent you feel comfortable with. Take a little bit of time here, talk with a couple agents, get a feel for their personalities and how you may work together. Purchasing a home is a MAJOR financial decision. You owe it to yourself to work with someone you feel comfortable with.
When it comes to choosing an agent, most people don’t even realize they can work with whomever they want. You don’t need to call the agent who has the house listed. You don’t even have to call that real estate company to see that particular house. Any REALTOR can show you any home listed in the MLS (the multiple listing service). So take some time to find ONE agent you like and work with them.
Why not work with several agents at once? Realtors all pull their information from the same system, the MLS. If they’re all accessing the same system for the same information, why wouldn’t you pick ONE whom you had a comfort level with?
On the flip side, if an agent understands you are committed to them. . . .and not “shopping around” with a number of Realtors, they’re going to be committed to YOU as well. They’ll be much more likely to invest their time and energy into helping you find a home, because they understand they’ll ultimately be compensated for their time.
Yes, that’s right, Realtors work strictly on commission. We don’t get paid unless we sell a house. Time equals money. And while most of us don’t mind spending as much time as our buyer and sellers need to find (or sell) a house, ultimately that time has to translate into a “transaction” or it’s time “uncompensated”. Think about that the next time someone asks you to do something “for free”. Would you spend a significant chunk of your time knowing you weren’t being compensated? If you’re like most of society, you’re a lot more likely to commit to someone knowing you’ll receive a payoff of some sort in the end.
Tune in next time, when we’ll talk about how to actually “set a showing” with your Realtor.
posted by Brittany Nigh at 1:26 PM
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