ou may be of the opinion with a real estate agent and they
that you don't need a real don't seem to recognize terms
estate agent and that using like "Down Payment Assistance
one will add to the cost of Program".
buying your new home.
Start making a list of possible
The fact is that a real estate real estate agents to interview
agent's fees are typically paid with referrals from your lender,
by the seller of the home. So, as friends and family.
a buyer, you can get the services
of a professional real estate A referral from the lender is
agent without having to directly great because you get the
pay for it. Please confirm this services from people that have
in any paperwork or contracts worked together in the past and
that a real estate agent may are already familiar with each
provide because policies vary other's systems. This can help
greatly by state and company. Be prevent any last minute surprises
sure to ask about fees when you or obstacles.
interview agents.
Questions to ask while you are
Most real estate agents may work interviewing real estate agents:
with buyers and sellers but often
they specialize in working with
one or the other. Make sure the Please explain your fees.
agent that you choose has
experience working with buyers Are you familiar with any no down
and with no down payment payment financing programs?
transactions.
Have you been involved with no
Be careful if you are speaking down payment buyers in the past?
take to help me find the home I
am looking for?
Would you mind providing sample
contracts so I may review them? You should also try to get an
idea of these factors while you
Does it clearly state in the are speaking with the agent.
contract who will be paying your
fees? - Does this person have good
negotiating skills?
How long have you been a real
estate agent? - Do you feel this agent is
trying to understand your
Do you mostly work with buyers or situation so that they can
sellers? properly
represent you to sellers?
I'm looking for a home in the
areas of ______. How familiar are - How much knowledge does the
you with those areas? agent have about mortgage
markets?
What specific steps would you
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