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Locate at least three real estate professionals. Locate real estate signs, use the internet, or ask neighbors or friends.
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Interview the real estate professionals you identified. Are they a realtor? Are they a full-time agent? Who will they represent in your transaction? How long have they actively worked in the area? How and how often will they notify you of listings?
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Compare interview notes. Choose someone who works aggressively for you, but who doesn't make you feel anxious or pressured. Remember, experience and special education pays. Many agents have earned designations that separate them from the pack.
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Technology allows almost immediate information flow from and to you. Make sure your real estate professional uses available on-line tools.
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Ask for references. This is a last step investigation that could confirm or reject your impression of the agent.
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Select a strong negotiator. Ask your agent whether she or he has ever been in a tough negotiation and how he or she negotiated a fair price.
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Talk money. Usually the seller foots the bill for a real estate professionals' commission, but don't assume this will be the case. Ask point-blank what your financial obligations are throughout the process. Buyer agency agreements are common, but be careful. What if the agent doesn't follow up with you? What if you don't get along? What if the agent doesn't understand your needs? Remember that a buyer agency agreement is negotiable, and you can help sculpt the specific terms. |
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