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As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Timeliness and types of inspections.
Find A Reputable Real Estate Agent Probably the most valuable tip you can take with you when you are selling your home is to find a real estate agent that will guide you through the process. A great Agent will net you more money even while paying a commission. So how do we determine how much you should be listing your home for?
Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area. Online services: Other online services, such as Zillow , offer tools to look up foreclosures by certain characteristics or in certain areas. Step 4: Refine Your List of Lender-Owned Properties.
Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The first thing you should do: call your agent, tell them the appraisal price is the highest you're willing to pay, and have them tell the seller so.
The seller might counteroffer that since they are living in the home, they want that access restricted to 5 or 10 days. If the buyer agrees, that’s a concession.
If the owners are trying to sell by means of their own resources -- a sign or classified advertisement, say -- it is still wise to keep a buyer's agent on hand. On the other hand, if there is no evidence of intent to sell, the agent can help you contact and negotiate with the owner.
It’s worth noting that while FSBO sales can result in savings, they often sell for less than agent-assisted sales. Prepare for Home Inspections Home inspections can make or break a sale, so being prepared is essential for FSBO sellers. While you’re not required to have a pre-listing inspection, it can be beneficial.
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