What To Expect When Working With A Residential Real Estate Agent

Posted By : Aubrey mead , on Apr, 2018

 

Buying a new home is an exciting adventure and marks one of the most significant investments a family will ever make. On the surface, the idea of buying a home may be overwhelming, as it is essential to make sure a fair price is agreed upon and that any requirements of a mortgage company are met. Fortunately, a Residential Real Estate Agent will offer guidance with each step of the process and work with a client to find the perfect home at the best possible price.

Initial Meeting and Needs Assessment

During the first meeting with a Realtor, a client should expect to discuss their list of needs and wants, as well as any budgetary restraints that may affect their purchase decision. Most agents will require a client to sign an exclusivity contract, which prevents the buyer from engaging in a real estate transaction with another professional. Finally, the agent will provide the client with a list of properties that meet their needs and give them time to review each of them.

Property Tours

Once a client has determined the properties that they are most interested in, the Realtor will arrange for showings and allow the family to tour them. When viewing homes, it is vital to consider the neighborhood and the designated school districts before making an offer to purchase. If after seeing the properties a viable option isn’t selected, a Residential Real Estate Agent will continue to monitor the market for new listings that meet a client’s requirements.

Final Agreements and Due Diligence

After the perfect property is located, an agent will draft the necessary contracts and create an offer to submit to the selling party. In some cases, a deal may go back and forth multiple times before a final selling price is reached. Finally, the agent will provide support during the due diligence phase and assist with any appraisals or inspections that may be a requirement of the mortgage company.

A Realtor offers trusted advice that makes the process of buying a home more streamlined. The agents at Red Realty are standing by to make the dream of homeownership a reality for people of all background and walks of life. Visit Redrealty.com to learn more and start browsing available properties today. You can connect with them on Facebook for more updates!

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