RESEARCHING ONLINE

There’s a ton of helpful information online - you can find current homes that are for sale, the selling price of homes which have previously sold in the area, and more. Working with a Real Estate Agent is usually your best bet, however, online research will help you get started. Here are a few websites to check out:

Advantages of working with a Real Estate Agent

Provides accurate information and access to all housing databases.

Shows homes when its convenient for you – don’t wait for the open house!

FREE!

Usually no cost to the you, the buyer

Negotiates the price for you

Writes up the contract

Offers knowledge of the market and real estate laws

Serves as referral source

Provides emotional support

Types Of Real Estate Agents

Buyer Agent:

» works exclusively for the buyer

» legally represents the buyer and is required to get the best terms and conditions for the buyer

» is paid by the seller’s agent or the listing broker

Seller Agent:

» works exclusively for the seller

» legally represents the seller and represents the seller when offers are made

» is paid by seller from the proceeds of the sale, which is usually a percentage of the purchase price

» splits their commission with the buyer agent

Transaction Broker:

» provides limited representation to a buyer, a seller, or both, in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent

HELPFUL QUESTIONS TO ASK A POTENTIAL Real Estate Agent

1. Do you work nights/weekends?

2. How much time will you spend with me?

3. How will you communicate with me?

4. What price range and geographical areas do you normally work in?

5. Are you a member of both MLS systems?

6. How familiar are you with affordable housing and local homeownership assistance programs?

It’s perfectly acceptable to interview more than one real estate professional so you can be certain you’re making the best choice for you!