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What will a Realtor do for me when I'm buying a home?
A real estate agent's home buyer's services include:
• helping you define your dream home's criteria;
• searching the MLS real estate databases for homes that meet your criteria;
• arranging tours of homes for sale which interest you;
• accompanying you on home tours, pointing out important features, facts, and considerations;
• determining a fair market price and opening offer point for a home you are interested in purchasing;
• negotiating the components of an offer such as price, closing cost recovery, date of possession, etc.;
• providing contact information for lenders, inspectors, title companies, etc.; and • assisting in arranging final signing of purchase agreements.
- What will a Realtor do for me when building a home? Answer
- I know a successful real estate sales agent. Will this person be a good choice for a buyer's agent? Answer
- Can I work with the agent whose sign is in front of a home I may want to buy? Answer
- Should I get "pre-approved" for a mortgage? Answer
- How do I get a bargain home? Answer
We Offer our current and past REAL ESTATE clients;
Free home evaluation and market analyses
Referrals to lender for current mortgage or refinance
Referrals to home repairs and remodeling
Referrals to Home Inspection companies
Referrals to Home Insurance agents
Down sizing services
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Duties of a Buyer’s Agent –Ohio Realtors
Licensees acting as buyer’s agents also must fulfill certain duties to their clients. These are in addition to their fiduciary duties described above. Those duties are:
- Seeking a property at a price and with purchase or lease terms acceptable to the buyer. Unless the buyer directs otherwise, the buyer’s agent is not obligated to seek additional purchase or lease possibilities if the buyer is a party to a contract to purchase property, or has entered into a lease or has extended a letter of intent to lease; and
- Presenting any offer or counteroffer to purchase or lease to the listing agent in a timely manner, even if the property is subject to a contract of sale, lease or letter of intent to lease.
Buyer’s agents are forbidden from offering subagency or accepting compensation from a seller’s agent without the knowledge and consent of the buyer. But a licensee does not breach any duty or obligation to the buyer by showing the same properties to other buyers or by acting as an agent or subagent for other buyers, or as an agent or subagent for sellers, except that any dual agency relationship must be disclosed to a client.
For questions about what type of agency best serves your interests, contact a PDS today.
Why Use A REALTOR® when purchasing a home?
All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR "®" logo on the business card or other marketing and sales literature.
REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reports that 84 percent of home buyers would use the same REALTOR® again.
Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in real estate without the professional assistance of a REALTOR®.