I recently was posed this question by an international buyer looking to buy her first home:
“I'm in the early stages of planning to purchase my first home within the next 12 months, and I'm not sure when I should start searching for a Realtor?”
That's a great question. If you'd like
to build a relationship with an agent, I would suggest you talk to some now.
You can set up a time to meet with them to discuss your needs and get a feeling
on how they work. I've been interviewed by buyers many times.
Ask questions about the process, market areas, what services they provide. You are making the biggest purchase of your life and you should feel comfortable with who you choose to work alongside.
There
are great resources like REALTOR.com's® which is an extensive listing of
community professionals and properties. Other sources include open houses, local
advertising, Web sites, referrals from other REALTORS®, recommendations from
neighbors, friends and suggestions from lenders, attorneys, financial planners
and CPAs. The experiences and recommendations of past clients can be invaluable
to your search.
.
What
should you expect when you work with a REALTOR®?
Once you select a REALTOR® you will want to establish a proper business relationship. You likely know that some REALTORS® represent sellers while others represent buyers. Each REALTOR® will explain the options available, describe how he or she typically works with individuals and provide you with complete agency disclosures (the ins and outs of your relationship with the agent) as required in your state.
.
Once
hired for the job, they will provide you with information detailing current
market conditions, financing options, pre-approval steps and negotiating issues
that might apply to a given situation.
Remember:
Because market conditions can change and the strategies that apply in one
negotiation may be inappropriate in another, this information should not be set
in stone. During your time in the marketplace it’s their job to keep you
updated and alert you to each step in the transaction process.
If
you’re looking in the South Palm Beach Area in Florida, I’m always happy to
help, please don’t hesitate to ask and or submit questions to me.
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