What To Expect From Your Realtor As A First Time Home Buyer
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by Jamohl DeWald
- March 26, 2018
- Buying Real Estate
- 3 Comments
What to expect from a good agent
Are you working with a good agent? First time home buyer should look for a realtor that is competent, efficient, and has ethics. According to the All America’s Real Estate Book by Carolyn Janik and Ruth Rejnis, good agents take the time to qualify first time home buyers and show properties in their price range. They plan showing routes carefully and have pre-inspected most properties. They have a thorough knowledge of financing options, are up on the latest housing trends, and share with prospective first time home buyers data on the local housing market and home sales. Good agents also adhere to a strict code of ethics. They avoid high-pressure sales tactics, refrain from showing properties that do not fit your needs or goals, and alert you to problems about the condition of the property. And they show respect for other agents and real estate firms.
Don’t be a “not you”, let me help guide you!!
Please reach out if you have any questions about buying or selling real estate.
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[…] Seventy-eight percent of recent buyers found their real estate agent to be a very useful information source. Click To Tweet METHODOLOGY In July 2018, NAR mailed out a 129-question survey using a random sample weighted to be representative of sales on a geographic basis to 155,250 recent home buyers. The recent home buyers had to have purchased a primary residence home between July of 2017 and June of 2018. A total of 7,191 responses were received from primary residence buyers. After accounting for undeliverable questionnaires, the survey had an adjusted response rate of 4.6 percent. Respondents had the option to ?ll out the survey via hard copy or online. The online survey was available in English and Spanish. Consumer names and addresses were obtained from Experian, a ?rm that maintains an extensive database of recent home buyers derived from county records. Information about sellers comes from those buyers who also sold a home. All information in this Pro?le is characteristic of the 12-month period ending June 2018, with the exception of income data, which are reported for 2017. In some sections comparisons are also given for results obtained in previous surveys. Not all results are directly comparable due to changes in questionnaire design and sample size. Some results are presented for the four U.S. Census regions: Northeast, Midwest, South, and West. The median is the primary statistical measure used throughout this report. Due to rounding and omissions for space, percentage distributions may not add to 100 percent. Data gathered in the report is based on primary residence home buyers. From the 2017 Investment and Vacation Home Buyer Survey , 70 percent of home buyers were primary residence buyers, which accounts for 4,207,000 homes sold in 2016. Using that calculation, the sample at the 95 percent con?dence level has a con?dence interval of plus-or-minus 1.15% Research How to Find Down Payment Assistance Programs Eighty-seven percent of buyers recently purchased their home through a real estate agent or broker. Click To Tweet What To Expect From Your Realtor As A First Time Home Buyer […]