The
way Buyers find homes has changed drastically.
In the 20th
century, the agent had all of the information about available homes.
You would tell your agent what you liked and the
agent would pick homes for you to see. The MLS information
was tightly controlled by agents.
Some Buyers
still like to do it this way. Relocation Buyers
(people moving from another
area who know little about the desitnation city)
especially, still benefit from this approach. Some
Buyers still want this service from their agents
and don't have countless hours to spend on the Internet
or touring open houses.
However,
in 2013 there are so many ways for anyone and everyone
to obtain volumes of information about homes for
sale that this is no longer the most common course
of action when buying a home.
Often,
real estate agents today don't "find"
homes for their clients. The Buyer often finds the
home and tells the agent about it, or asks the agent
for an opinion and advice about a home or a list
of homes the Buyer has found.
Although you
can easily find a great deal of information about
a home or a list of homes on your own (some
would say you can find so much that you can be on
information overload) your agent has
still more information that the public can not see.
Much of the
information about available property you will find
on the Internet is misleading.
For instance, a listing that is a "short
sale" might not really be obtainable at the
price advertised. Michael
Cornell can help you sort through the information
overload and cut through the hype.
The best course
of action once you have narrowed your list or found
a particular home that interests you, is the same
in 2013 as it was in 2003, 1993 or 1953: Let
your agent help you here.
Whether you
rely on your agent to find you homes the traditional
way or you scour the Internet and tour random open
houses on your own, the representation of a full
time real estate professional experienced in the
local market place is essential for completing the
binding legal documents you will need to prepare
to make an offer. The average real estate offer
in Seattle now starts at 22 pages of legal documents,
and can contain much more. It is important for you
to be represented by a real estate professional
who knows these documents and has up-to-the-minute
training on completing them. Michael
Cornell makes a commitment to take twice
the required continuing educations courses to keep
his real estate licence in force.
"It's
important to me that my clients are well-represented,
so I take continuing education very seriously,"
>>>>>Michael
Cornell
Ask your agent
for advice on
the homes you have picked out. The agent you met
at the open house has probably been hired by that
home's Seller to sell THAT HOUSE, and has no responsibility
to look out for
YOUR
BEST INTEREST.
Your agent might
also be able to give you a more objective confirmation
that the home you've picked out really is a great
choice.
Be sure to let
your agent know what your wants and needs are, and
what you like or dislike about each listing you
see.
The more your
agent knows about your unique set of likes, dislikes,
wants and needs, the more time and wasted energy
he/she can save you.
Your agent may
know of an ideal home for you, tucked away with
no sign or advertising, that is ideal for you. You
may have overlooked it because it had bad photos
on the Internet placed there by a poor listing agent
or a naive by-owner seller.
Again, your
best course of action is to have your own experienced,
full time real estate professional with expertise,
experience and knowledge in the neighborhoods that
interest you, looking out for your
best interest.
See Also:
Where
do I start?
What are the financial implications of home ownership?
|