The agent’s primary goal is to listen to your wants and needs and then match you with appropriate properties. In addition to helping you find the right home, they will advise you on the fair market value of that house.
Your real estate agent will also look for any common red flags and pitfalls that should be brought to your attention.
Your agent will help protect your interest by negotiating price, repairs, and other vital details of the purchase on your behalf.
A typical person may only purchase six or seven homes in their lifetime, while some agents may be involved in the sale of that many in a couple of months. Access to that kind of accumulated experience is a valuable asset in buying a home.
Best of all, as a buyer, your real estate will cost you nothing.
In most cases, the seller of the house you purchase will have agreed upfront to pay the commission of the agent who brings the buyer to the transaction. This is why, if for no other reason, you are well advised to have the representation of a knowledgeable real estate agent.
ITEMS/INFORMATION THAT MAY BE NEEDED BY YOUR REAL ESTATE AGENT:
* Price range & Pre-Approval Letter from a Mortgage Lender
* Preferred Location
* List, in order of priority, five “Wants” in Your Ideal Home
* List of “Don’t Wants” (e.g. Busy Street, etc)
* Desired Time Frame For Closing
* Earnest Money