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How Exactly Can a Buyer’s Agent Help You? It’s unsurprising that people would hire with a real estate agent or broker to help them look for a home. Without one, they’ll have to learn and practice all at once, all the skills that experts spent years mastering. From looking for a property that suits the client’s budget to negotiating the price, and all the way to closing the deal, a real estate agent’s duties and responsibilities offer a picture of the typically long and winded process of home buying. If you choose a good real estate agent, you can expect this pro to help you all throughout your home-buying journey. But how in particular is that possible? To help you buy a property, your agent has to be deeply knowledgeable of the business of real estate, including neighborhood conditions and amenities, price trends, laws, zoning and tax issues affecting real estate, insurance, negotiation and financing. He also has to be emotionally stable in order to handle the stresses that come with his job.
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On your first meeting, the agent will usually help you assess the viability of your wants and needs as a home buyer, specifically in terms of the type of home and neighborhood you are interested in. He will guide you in drawing up a pragmatic budget, exploring financing options, learning about present market conditions, and knowing what to expect while you shop around. As well, he will formulate a strategy or shopping plan, depending on what you need and how much you can afford, and market conditions prevailing in your target location.
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While you shop for a home, you’ll have to check out available properties with your agent and talk about so many details, like a home’s selling points, its proximity to key establishments like schools and hospitals, the crime rate, and the like. It will also be your agent who will handle disclosures, ensure that repairs and inspections are done, and coordinate with every professional involved in your purchase, such as your lawyer, roof inspector and lender. If bargaining above the price is called for, your agent will act as your negotiator; and when you have to sign the final closing documents, he will accompany you and see to it that everything is in order. Each time you have questions or concerns, you can bring them up with your agent, who must be able to give you the right answers or clarification. With so many agents out there, it’s important that you take extra care in selecting the agent who can fulfill your needs best. You may have relatives, friends or coworkers who recently worked with an agent recently and were happy with the results. They’d be glad to give referrals too.