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Real Estate Investing - Using a Buyer's Agent



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By : Steve Kayhill    99 or more times read
Submitted 2011-03-28 16:19:50
With determination, you can tackle any obstacle and issue that arises. With that said, those obstacles always go down faster when you have more than one person working on it - that's the benefit of working with an agent that is focused on getting you results. A real estate agent is a huge asset to the home buyer for a variety of reasons - the hard part is finding the right real estate buyer's agent that clicks with you.

It's not an easy process to buy a home - there are a number of hurdles that you have to overcome before you get anywhere near closing dealing with lenders, coping with homeowner schedules, contractors, inspections - the list goes on. A real estate agent can make the entire process far more manageable. To find the right one for you in order to simplify the home buying process you may need to sit down and interview a number of agents. The interview process gives you an opportunity to ask all the right questions.


References are an important topic that you should discuss. It's vital that you know the agent has a good track record for negotiating in the favor of other buyers. Speak with past clients if at all possible. During the interview talk about what the agent will handle for you such as scheduling appointments for walkthroughs. Dig deep for the interview, because no question is irrelevant. The last thing you want is to be stuck with an agent that just doesn't care for the needs of your family.

Negotiating Contracts with your Real Estate Agent

It's standard to have a contract in place for the purchase of a home. If you can, ask the agent to take a look at their standard contract because once you make the offer in a home you're locked in. Backing out can create problems for you and stress on the homeowner. A good agent will help you understand the legal side of the contract. They'll also be on your side for making that initial offer and will help you determine when it's ok to negotiate and when to do it. Your contract will close out once the entire deal is sealed and you close on the house.

Making Offers

The offer is an important step - and it's also the first step after you've found the right real estate agent. After viewing multiple homes you'll need to make an offer on the one that fits you. A good agent will know the neighborhood and be able to offer information on making an accurate offer based on the market value of your chosen home. Likewise they'll factor in sales of surrounding homes in the last year. Overall you'll have a good idea of what the home is worth and what you should pay for it.

Having an agent make an offer for you is a great way to quickly tackle the process and this is where it's important for an agent to know you and your family. Based on the fact that you want at or below market value, you can give the agent permission to bargain for you accordingly. If you're willing to go higher than market value to outbid other buyers then be sure to let your agent know. This decision will ultimately affect the real estate contact and how they negotiate in your favor.

Do your research and dig around to find more information on the process as well as working with your agent. With the right preparation your home purchase (with a real estate agent) will be unbelievably simple and far faster than if you'd trudged along on your own trying to handle everything personally.

Author Resource:

A Washington DC Real Estate agent is exactly what you need to help you find the property you've been looking for. Whether you want real estate abroad or you're interested in working with Virginia realtors to find local property we can work with you to negotiate the best offers. Paragon Remodeling - 8000 Towers Crescent Dr - Vienna, VA 22182

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