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re: Comparable sales
Posted on 6/10/09 at 2:59 pm to hen
Posted on 6/10/09 at 2:59 pm to hen
Some buyer's agents do ask you to sign a contract agreeing to let them represent you on all sales including FSBOs. Most of us don't - you can still look at FSBOs on your own, but have a realtor that is going to have access to all listed properties and help you with things such as comparables. You may end up finding a better buy on a house that is listed than a FSBO. Don't overlook working with a realtor because you think you're saving money.
Hopefully you haven't missed the boat on the lowest interest rates - they have really popped up in the last 2 weeks.
Hopefully you haven't missed the boat on the lowest interest rates - they have really popped up in the last 2 weeks.
2
Posted on 6/10/09 at 3:20 pm to lsubandmom
Can you please expand on your reasons for using a buyer's agent?
Here is my situation - first time homebuyer. I'm a lawyer with some real estate transaction experience, but I have never bought a house myself. I am open-minded when it comes to styles and conditions of houses, but am very particular about the location. I know the location where I am looking very well. I have all of the comparable sales from the past year, except for a few of the most recent. I am looking at existing single family houses (none of which have been foreclosures/short sales). I have financing/pre-approval in place.
What are the benefits of someone in my situation using a buyer's agent?
Here is my situation - first time homebuyer. I'm a lawyer with some real estate transaction experience, but I have never bought a house myself. I am open-minded when it comes to styles and conditions of houses, but am very particular about the location. I know the location where I am looking very well. I have all of the comparable sales from the past year, except for a few of the most recent. I am looking at existing single family houses (none of which have been foreclosures/short sales). I have financing/pre-approval in place.
What are the benefits of someone in my situation using a buyer's agent?
Posted on 6/10/09 at 3:23 pm to lsubandmom
quote:
Not really interested in paying someone 3% to find a house in an area that I know better than most agents. I also have some friends who are agents and willing to offer some free advice. However, I might consider using an agent if I look into any complicated transactions.
if you dont have an agent the sellers agent will just try and collect double commission and you want an agent to represent your best interest. a good agent may save you 10% off asking if he or she knows the area and the recent trends.
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