Working with a real estate agent or I can do it alone, is the question that most to do, is one of the first impulses that most people have when they think about buying a home, it is to find an estate agent roots, known as a Realtor, Broker, Broker or Advisor. But … what exactly is a broker? Is a broker or Realtor (with a capital R) as well as an Agent? Real estate professionals can be helpful in the process of buying, selling or renting a property (urban land, apartments, house, building, commercial property, farms, ranches, agricultural land). But before signing with a professional, take a few minutes to learn how they work, how they pay their services and how you can benefit from working with one of them.
Let’s review the variety of professionals among which you can choose:
Broker (broker). A broker is someone who has a license to start and manage a real estate business. The holder of a brokerage firm real estate is the main corridor. A broker will provide a list of properties to buyers, being revised in their physical, assessed to have reasonable prices and not speculative properties. A broker will negotiate a contract on behalf of the housing bill to extend service delivery and payment of taxes to finance.
Agents. An agent is a real estate professional who works for a real estate firm, also sometimes called real estate firm (Real Estate Broker Firm). Chances are that you work with a real estate agent. A real estate agent is a consultant who helps buyers find a home, makes appointments to show homes to buyers, and handles sales and contract negotiations on behalf of the buyer. Generally, the seller, at the time of closing, pay the fees for the services of buyer’s agent. This same process happens with sales or property income.
The benefits of using a real estate professional
Some of the benefits of using an Agent, Broker or Realtor include:
- They can explain the different financing options and refer you to a lender with whom he has worked and who can help you pre-qualify for a loan.
- Typically they have access to the Multiple Listing System property (Multiple Listing System, MLS). The MLS is the electronic list of all properties that are represented by an agent. By accessing the MLS through your agent, you will get a complete picture of available homes within your price range and the area in which you wish to purchase.
- Real estate professionals can find out about available homes in the area, but they are not being actively publicized. They can also get referrals on homes that are in the price range you want, delving into its extensive network of colleagues.
- They have also the time to research the local market, make appointments for you to see houses … all things for which you may not have time or do not want for yourself!
- They will prepare and handle all the paperwork related to the purchase, sale or rental of a property to your liking or specified needs.
- They act as their served as “mediators”, “middle” during the negotiations, avoiding bad trouble to deal with difficult and / or professional people also agent. Negotiations are a very delicate matter: not only is it negotiate prices, but also contingencies / terms, moving dates, is very helpful to have an agent, a “third party” outside when tendered and counter are managed for advise fiscal, legal and commercially.
- They can help determine the real value of the house based on recent home sales in the area and in the delicate process of having a property appraisal. This can be useful to determine how much to offer, how much “stand firm” if there are complications in the negotiations, etc.