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Informative Articles

Housing Bubble: The New Real Estate Conspiracy
"You don't believe that housing bubble nonsense do you? Don't you know... it's just a conspiracy..." I can't wait to see where this one goes. The local real estate agent continues... "You see, the guys on Wall Street are angry. We've been taking...

How Not To Lose A Million Dollars In Real Estate
I recently saw an article ěHow to lose a million dollars in real estateî what a great title! Then I saw the author Verna Jones-Cox (real estate short sale expert) no wonder it had a great title. I met Verna about two years ago and I would have...

How to select real estate broker
So your sister just introduced you to her friend Irving, a real estate agent, and now you can't get rid of him, right? Wrong! Choosing the right person to sell your home is one of the most important steps of selling. Therefore, choose wisely. At a...

Indian Real Estate: Reaching for the Sky
Chandigarh Real Estate: A City Infiltrated by the Rich A Times News Network reports Chandigarh is slowly and steadily becoming a city that caters to the well-heeled, wealthy crowd with oodles of money to spend. The reason for that...

Real Estate Bubble Aftermath
Last spring, I was invited to go to Philadelphia and participate in a "real estate bubble" discussion on Ch 8's "Money Matters Today." Television reporters, newspapers, and media hype love scaring you to grab your attention. On the TV show, I...

 
Home Buying 101: Choosing a Real Estate Agent

Even with the wealth of home buying information available on the Internet, it's a good idea to have an agent. The fees you'll pay an agent are nominal when you consider what all an agent can do for you.

Buying a home is a monumental event that can affect you for years to come -- an agent can help you make sure it's a positive event. Among other things, a good agent will act as your home-buying expert, tour guide, negotiator, paperwork administrator, and, most importantly, your trusted advisor.

Additional Benefits of Having an Agent

* They can help you understand the different financing options available to you.

* They can likely refer you to a lender who can help pre-qualify you for a loan.

* They almost always have access to the Multiple Listing System (MLS), an electronic listing of homes for sale by other agents.

* They may know of homes for sale in the area that are not yet being marketed.

* They can help you stay on track throughout the buying process, with the many appointments and events the process brings.

* They will handle all the home-buying paperwork ... and there's a lot of paperwork.

* They can help you negotiate with sellers.

* They can help you determine the realistic value of homes based on recent sales in the area.

How to Find an Agent?

Seek referrals from friends who have bought homes in the area. Look on the Internet. Look in the "Homes" or "Real Estate" section of your local newspaper.

The ideal agent knows the local area well. And most importantly, he or she listens well and respects your needs and limitations. Trust your instincts. If an agent makes you uncomfortable for any reason, find another one.

* Copyright 2006, Brandon Cornett. You may republish this article in its entirety, provided you leave the byline, author's note and website hyperlink intact.

About the author:

Brandon Cornett is the editor of HomeBuyingInstitute.com, one of the Internet's largest and most respected libraries of home buying information -- more than 100 expert articles in 12 different home buying categories! Put this knowledge to use by visiting http://www.HomeBuyingIn stitute.com.