The Buyers Guide to Choosing a  Real  Estate Agent in Alamogordo 

• Buyers Guide

 

 

 

A real estate buyer's agent represents the consumer who is purchasing the property in the real estate transaction. This agent owes full fiduciary responsibilities, duties and loyalty to the real estate buyer. The buyer's agent works for the buyer client and has the clients best interests in mind through out the entire real estate transaction process. The Buyer's agent is normally compensated by the listing firm, based on the sales price of the real estate property.

Review and explain all legal documents to their buyer client. Recommendations and assistance in securing appropriate financing for the selected property. Provide a list of potential qualified vendors e.g. movers, inspectors, attorneys, carpenters if these services are needed by the consumer. Most importantly, the buyer would know that they are fully represented throughout the real estate transaction. 18 Questions to ask before you agree to work with a Realtor as your representative 1. Do you work full time as a real estate salesperson? 2. How long have you been a real estate agent? 3. What special training have you had as a buyers representative? 4. Are you a member of the National Association of Realtors? 5, What special designations do you possess? 6. Has your production gone up or down recently? Why? 7. How many contracts to purchase have you written in the past 6 months? How many of these closed? 8. Of the contracts that didn't close, what would you say is the dominant reason? 9. How many total transactions have you closed in the past 6 months? 10. Do you have a full-time team of affiliates with whom you work consistently who will see that no details are missed? 11. How many potential Sellers would you guess you personally talk to each week? 12. How many potential Sellers would you guess your entire office has contacted with each week? 13. Do you understand specialized contracts such as seller carry-back, wrap-arounds or cosigners' transactions? 14. Do you belong to the Multiple Listing Service? 15. Do you have any suggestions as to how I might save money on title fees, closing costs, repair costs, inspection fees, and moving costs? 16. Will you give me a written plan of action that spells out exactly what we agree you will do to help me find a home? Will you guarantee, in writing, to follow that plan? 17. May I have a list of references, buyers you are working with now, and past clients? May I contact a couple of these people if I choose? 18. Why do you feel you and your company would be the best to handle the purchase of my property?