Unless you have a trusted friend or relative in the real estate business, the task of choosing someone to represent you in the property market can be overwhelming. Thanks to the internet, you can now find real estate offices at every corner, and prominent companies like Haus on HandyHandy Road, are a great option; however, today’s buyer also has online access to an unlimited number of agents.
Sorting through the jungle of real estate agents can be daunting for first-time home buyers and having to avoid all the landmines and scams can be exhausting. Fortunately, it’s not impossible to prevent frauds and mines, follow the basic guidelines that are listed below before you start your house hunting process:
Knowing the Difference Between an Agent, Broker, and Realtor:
Too many times have these terms been thrown around loosely without customers knowing what each word stands for. So, lets clear up this confusion and nip any misunderstanding in the bud.
A real estate agent is someone who has taken up the basic course and classes in regards to buying and selling properties and has passed a state licensing exam. Hence, anyone can become a real estate agent and practice for as long as he or she hangs his or her license with a valid broker. They must also keep taking random tests to keep their license updated and relevant.
A real estate broker has to take many additional classes in many subjects to qualify for the broker’s license exam. Brokers can open their own offices and sell real estate without collaborating with anyone. They must also keep taking exams and education courses to keep their license active and meet with other requirements.
A real estate agent and broker, once licensed, can legally represent buyers and sellers but they cannot call themselves Realtors unless they are paid members of the organization and follow its strict code of ethics.
Getting a Buyer’s Agent:
No matter the strength of the inventory at any time, all real estate agencies don’t particularly like to pursue sellers to rack up listings that are uncertain sales. So, as a first-time buyer, you may want to consider being represented by a buyer’s agent since they have advanced education and experience working exclusively with buyers.They may be better versed with loan programs, specifically for first-time buyers. In the end, the choice is yours, buyer’s agent or not; it’s who you’re most comfortable with.
Interviewing a Prospective Agency:
It’s always a good idea to question your prospects and see if you have good chemistry and an excellent communication level with the potential agency. This way, your future endeavors together will be smooth sailing. You can ask them any number of questions based on your preferences.
Haus on Handy Handy Road are areas that are strategically located with many shopping centers around the vicinity and is a prime real estate option for anyone looking for areas that are conveniently located in the major hotspots of the city. You can always consult Haus on Handy Handy Road for any of your real estate needs.