Part 1 - What is A Buyers Agent?
This is a 3-Part video series on Working With A Buyers Agent. If you’re looking to buy a house, then who do you trust to help you find the best deal possible?A real estate agent, right? While that is true, it’s imperative that you have the right agent workingon your behalf. Today we’re going to be talking about setting up an agency agreement with a buyer’s agent.We’ll discuss the meaning of that term, what your arrangement can consist of, and the benefitsof that relationship. What is a Buyer’s Agent in Real Estate? Simply, this is a real estate agent who represents the person on the buying side of a real estatetransaction: the buyer. The agent on the selling side of the transaction representing the seller isoften referred to as the listing agent. They are there to serve the seller, which means that theywill be interacting with a lot of different buyers. However, if you’re the one looking for a home, then having a buyer’s agent working for you isprobably the best move that you can make. At first, you may wonder if it’s necessary to haveone in the first place, but there are a lot of benefits that come from this relationship.One thing to keep in mind, however, is that you have to have an agency agreement to get thebest services. While you could work with an agent without an agreement, a lack of guaranteeson both of your parts could lead to a lackluster process, which could affect your ability to close.Overall, it’s much better to enter into an agency agreement with your buyer’s agent if you wantto proceed. Not only will this ensure that you get the best service, but it offers written protectionsand guarantees that will come in handy during the buying process. Check out my Part 2 of my video to find out the benefits of working with a buyers agent.
Real Estate Wednesday's with L.A. Grind Coffee & Tea Bar
The Hitchens Team is kicking off Real Estate Wednesday on July 13th! In partnership with L.A. Grind Coffee and Tea Bar we invite you to come on down, get a cup of coffee and your real estate questions answered. Where: L.A. Grind Coffee and Tea Bar, 1412 S. Redondo Blvd, Los Angeles, CA 90019 When: 10:00am - 2:00pm, 2nd and 4th Wednesday's of each month
Location...Location...Location
Where you buy not only affects the home’s current and future value, but it also affects your lifestyle. Your agent will be able to conduct a more targeted home search if you outline yourpreferences in neighborhoods and nearby amenities. Here’s a checklist of items you should consider and communicate to your chosen real estate agent. Urban, suburban or rural Commute time School districts Desirable neighborhoods Proximity to the airport Proximity to restaurants and retail Access to major highways and thoroughfares Access to public transportation Health care facilities Parks and recreation Length of time you plan to live in the home (Your agent should be knowledgeable about growth trends and projections that could affect your investment.)
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