Sunday, February 22, 2009

Questions to Ask Your Investor Agent, Part 1.

There are many things you should take time to ask your Investor Agent. Investing in Real Estate can be a complicated endeavor if you choose to do it on your own. Take the guess work out of it and hire yourself an Agent. The first question you should ask is one to ask yourself. Should I use an Agent? Sometimes Realtors get a bum rap. Most of these situations arise when you do not have your own agent or you choose an inexperienced agent or maybe just a bad agent. That is why it is so important to take time and due your due diligence to choose the right agent for you. My question to you is, why wouldn't you hire an agent? Did you know that the seller pay all the commission. The seller pays the same commission whether or not you are properly represented. Using a buyer's agent is free. If you choose not to use one you are paying the Listing Agent double. They love customers like you. By doing this you are definately at a disadvantage. Who do you think would have your best interest in mind? The Listing Agent? Guess again. The Listing Agent has a contractual agreement to work for the seller. They sign a legal document called a Listing Agreement. Their duty is to get the seller the best price in the least amount of time for their property. How can they do that and at the same time get you, the buyer, the best price? It doesn't work. Never go into a subdivision or an open house without an agent of your own. You are putting yourself at a distinct disadvantage by doing that. If you were going to court for whatever reason, would you use the same attorney as your opponent? Of course you wouldn't. This is the same thing. Have a professional on your side with your best interest in mind. Best of all, remember that it is FREE! Using a Buyer's Agent is the best deal you can find anywhere. It could end up saving you thousands of dollars in the long run.

No comments:

Post a Comment