Buying Your First Home? Realtors Are Your Professional Guides. Make Sure You Choose a Top Expert.
 

How Many Realtors Do I Need To Work With?

Many people think that working with multiple Realtors at one time will give them a better chance of finding the right home. Unfortunately this plan fails with disastrous results often unknown to the buyer. Most Realtors get paid only when they have found you a house that you actually buy and close. One Realtor can take care of your every need in your home search. A Realtor wants to invest their full efforts to help you find the home of your dreams. Most Realtors can sense when you the buyer is not fully committed to working with them so therefore their loyalty and service to you is greatly diminished.

If you are working with five Realtors that are all putting 100% of their skills toward finding you a house they feel like they only have a 20% chance of getting your business. Even if a couple of them are better than the others (All Realtors are not equal!) they still get this BAD feeling they are being used. The buyer is using them for their knowledge, information and experience. They feel it is unlikely they will sell you a house so therefore you don't get their full attention thus you don't get all the information. You could be missing some great homes and opportunities.

"Well maybe if I work with a lot of Realtors they will fight and work harder to get the deal and sell me a home," you think. Of the five you are working with three are most likely part-time. You probably aren't getting their full attention anyway and the time they do have they aren't going to waste on a "maybe" chance to sell a house. The other two are full-timers and have other more seriously committed clients that they will want to focus their efforts towards. In the end… it is a gamble not worth taking.

Find a Realtor you like and stick with them. Follow this general rule: Does the agent as a person and everyday human being strikes you over the phone or through emails as what I like to term "good people"? If so, then that agent is worth investigating a little further to see if they can help you in your home search.

I Am Working With An Agent… How Do I Know They Are Working For Me?

If you are concerned that your current agent is not watching the market for you then I offer you this easy test. Send me an email and in the subject field put "Steve - Test My Agent". In the body of the email put your criteria and the area you are searching. Pick just your main village of interest not every village in Cook County. I will turn around and send you an email packet of every listing in that area that matches your criteria that has come on the market in the past two weeks. Take a look at the listings and if there are homes in that packet that you were never told about… then you have a problem. If you knew of all the listings in the packet… then you've got an agent that is watching out for you in that sense. I'm not interested in taking you away from the agent with whom you are currently working. But if you are not getting the service you deserve from someone you can trust… then you should have a talk with your agent and maybe even give me a call.

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Working With An Agent >Discuss Your Options When you are working with a real estate agent to find a home, it is very important that you take the time to discuss the full range of your housing and financing options. Your real estate agent wants to understand your criteria and your expectations. Be very clear about the features you want in a home, describing what elements are essential to you and where you are willing to compromise. When you start looking at homes, you may find that the available homes in your price range require much more of a financial commitment than you were prepared to make. Let your agent know if you are willing to consider alternative mortgage options to increase your buying power. Discuss the possibilities for buying in an area you had not previously considered. Would you consider a house with the same amenities in a different neighborhood, a "handyman special", a smaller yard or fewer bedrooms? An open mind and honest communication are crucial ingredients as you work with your real estate agent to find the best possible home for your needs. See All Tips In The "Working With An Agent" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

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