Posts Tagged ‘buy a home fast’

Real Estate Agents – Who are they and what is their role in the home purchase process? – Part 3

This is the third post in a four post series. For more information on real estate agents, visit: Part 1 and Part 2.

Now that we covered what seller’s agents do, it’s time to discuss buyer’s agents. Who are they and what do they really do?

Buyer’s Agents:

A buyer's agent can help you buy a house fast!

As inferred by the name itself, Buyer’s Agents are employed by a potential buyer to represent them during the home purchase process. When a buyer hires an agent, they come upon an agreement which usually specifies the agent’s duties and details how the agent will be paid.

There are many variations on how buyer’s agents are paid. Often, they are compensated by the seller through a commission that is usually split with the listing agent. Sometimes they are given a sales commission by the buyer. Occasionally, based on what was decided in the agreement, buyer’s agents have charged the buyer a retainer or hourly fee for their services.

Just as the seller’s agent looks at prioritizing the seller’s best interest in a given transaction, a buyer’s agent focuses on representing the buyer’s interests and needs which include effectively negotiating the best price that the buyer can get for the house.

Thinking of buying a home fast? if you are still a little iffy on how the process works, you’ve come to the right place. Express Realty Services is here to help you. With a host of both buyer’s agents, listing agents and seller’s agents, and an in-house lender in place, we can help you go through the pre-approval process at no extra charge. Besides, we sell more than 30 homes a month, catering to a wide range of budgets. So we’re sure we can find one home that’s just perfect for you.

Just pick up the phone and call us at 1-888-306-9450 or visit our website.

This series will be continued. For more information on the role and function of real estate agents, continue to read our blogs.

If you have any tips or suggestions that you’d like to share, please feel free to comment on this blog post.

Tags: , , , , , ,

Posted in Buy a Home | RSS | 1 Comment »

Buying? Plan Your Exit Strategy…

With 4 days or so left to claim the Home Buyer’s Tax Credit, there is still time to cash in. Are you frustrated because you haven’t found your dream house and are feeling pressured to do so in this short time left? Here is a reality check for you: your first home is unlikely to be either your dream home or the last home you will own. According to the numbers provided by the National Association of Realtors (NAR), you will probably be on the move again in six or seven years. With this in mind, you should aim for a home that you like that will serve you and your family’s needs now and for a few years – not forever. Moreover, you should buy with an eye to move to your next home. Simply stated, you should have an exit strategy.

No one on Earth knows the future, neither yours nor that of the future housing market. With any home you like, you should ask the following questions in anticipation of reselling:

Is the price in line with the median price for the area? If not, your home may be ignored by the very group of people who would be good candidates for it.

How’s the location? People tend to look for good schools, closeness to transportation, and good local governments. If the home you are looking at doesn’t have these things, a large percentage of buyers might be turned off. Likewise, if it is across from a landfill, a single family home between two skyscrapers, or on an eroding hill, selling it may be challenging. You’re thinking of buying the place because you love it; but will lightning strike twice when you need to sell?

Does the home have unusual features that might make it hard to sell? Cut up space, a tiny kitchen, even lack of parking can limit the appeal. If the rooms are painted black, you can change that, but you can’t economically alter the layout of the home!

How have homes in the neighborhood traditionally sold? If you are in a neighborhood where homes have usually sold much slower than comparable properties in nearby neighborhoods, you might have a problem In the future unless something changes drastically. If you are buying a condo, check the turnover and the number of units available now.

If you ask yourself these questions, and come away feeling reasonably confident that the house could be easily resold, the home is a good buy. With your exit strategy in mind, you need to ask yourself if you like the home enough to live in it for a few years.

If your answer is “yes,” run, don’t walk to Express Realty Services. We specialize in getting the job done right and quickly. As the #1 Keller Williams franchise, we can help you have a signed contract by April 30 so act now. Just call us at 888-306-9450 or visit our website to chat with a representative about how to get started.

Tags: , , , , , , , ,

Posted in Buy a Home | RSS | 1 Comment »