Working with a Real Estate Agent: 3 Tips to Keep In Mind

Without any prior experience, you might find that the options to invest Bellevue real estate for sale can be confusing and challenging. To make things a little bit more rewarding, there is the option of hiring an experienced real estate agent. To help you get adjusted to the intricacies of the real estate industry, there are a few facts and tips you have to remember.

Establish Your Needs

Before you go into the nitty-gritty of buying residential real estate properties, the first thing you have to achieve is defining your own set of goals and objectives. After all, every task can look even more manageable if you know where you are going. To do this, you must ask yourself two questions: where do you picture yourself living in the next few months and how do intend to pay for it? Answer these two questions, and you will find the task of finding a suitable home all the more manageable.

Learn the Difference

In essence, there is quite a difference between shopping for a home and hunting for it. Shopping, in essence, invokes a leisurely stroll wherein you have all the time to make up your mind as to which house you are going to buy. Hunting, on the other hand, invokes a time-bound activity executed along a strict set of guidelines, goals and objectives. 

Real estate agents would like to work with buyers who have a mindset of the latter instead of the former. The reason is simple: the latter mindset allows them to get things done as soon as possible to maximize time and minimize their expenses. In essence, they want to work with you as your real estate hunting partner as opposed to your shopping buddy.

Be Honest

There are quite a lot of homebuyers out there who have the penchant of saying only the things that their agent wants to hear instead of what they need to hear. This has lead to a lot of unsuccessful transactions wherein the buyer does not like even one of the several houses offered by the agent. So as not to waste both your time and the agent, it is important that you tell the agent what you are expecting as you start to invest Bellevue real estate for sale. Through this, the agent can craft an offer tailor-made to your budget and preferences.

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Finding The Right Home

When you finished college or began working, I'm sure you dreamed of one day owning your own place. Dreamed of having a place to call your own, with no landlord, room mates, RA's, or parents telling you to keep the place clean. Now that you have finished school and landed your dream job, your ready to say "sayonara" to that one bedroom apartment and start "moving on up to east side" so to speak.

First, there a couple things you will need to get in order. Before you start scouting for that mansion of a home, you will want to talk with your bank, credit union, or local mortgage lender to get a pre-qualification letter and price range. Some buyers may have a range in mind, but it really depends on the financing the bank will give you. There is no sense in looking at $1,000,000 homes if the lender will only give you a mortgage for $500,000.

After you have your pre-qualification letter, you can begin searching for homes (in your price range, of course)! This is by far the most exciting part of buying a home. The chance to scour your local real estate market, find the best deals, and ultimately fall in love with your new home. Hopefully by this point you are working a real estate broker. To be honest, you should find a real estate broker as soon as you have a pre-qualification letter, and send the letter to them straight away. This will give them proof that you can afford the homes you say you can, and also give the broker more information so they can find you homes to look at.

My biggest suggestion is to ask your broker if they have a MLS syndicated website that they can give you an account on. This will give you the opportunity to search the MLS, just like a real estate agent, in your spare time, and find homes to ask your broker about. I strongly advise to stay away from Zillow and Trulia for the first couple weeks of searching. These sites tend to have out of date or inaccurate data, and a Realtor's MLS syndicated website will be much more useful.

Some first time home buyers believe that this home is going to be their dream home, with fixtures fit for royalty and walk in closets you could get lost in. Just remember that 99% of the time, you are going to have to concede on one thing or another. It is highly difficult to find the "perfect" home that is in your head, so make sure you go into the home buying process knowing there will be some things you will have to do without.

Alex Vercheski
Keller Williams Realty of Greensboro

Article Source: http://EzineArticles.com/8678315

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Looking for Home Real Estate for Sale in Issaquah: 5 Rules to Remember

Buying any home real estate for sale in Issaquah is not only about dealing with tons of paperwork. As a matter of fact, one has to deal with a wide spectrum of individuals in every phase of the transaction which includes the seller and the agent. To make sure that you, the seller and the agent all enjoy from profitable venture, there are a few rules you have to follow as a buyer.

1. Show the Money

Before anything else, you must be able to prove to the agent and the seller that you have what it takes to follow through the sales process. There have been countless cases where buyers stop mid-way through the transaction as soon as they see the price tag. To give your agent the assurance that you are someone who can pay for the property, it would be a good idea to build your funds first or get a loan. Any of these two methods will act as an assurance for both the buyer and the agent that you have the means to pay for the property.

2. Let Your Expectations Be Known

More often than not, letting a client tour through several prospective homes can be a bit risky for the agent. After all, there will be no telling if one of their clients will buy one of the several houses offered, let alone like it. This is why agents would rather let a client go through a tour that will suit their needs and budget. To do this, buyers are expected to exactly tell the agent what they are looking for in a house and how much they can afford.

3. Don’t Waste Time

Looking for a good home real estate for sale in Issaquah is a time-bound activity. Agents are more than willing to get you set up on a home of your liking so as long as you are quick on your wits and make full use of the time given to you. As such, it is recommended that you take every opportunity to meet with the buyer and the agent to discuss terms and other options in payment. If unable to do so, you must tell your agent beforehand so he can re-schedule the meet. If you take too long, do remember that there will be other buyers who will take the seller’s offer.