Here is a list of some of the functions of a Realtor when representing a buyer. Keep in mind that you will have to do all these functions and many others that may arise, if you do not have a Realtor in your corner.
Property Search
Before going out to see the first house, your Realtor will spend hours searching and sending you properties so you can decide which one has the desired conditions and which one you want to visit.
Coordinate visits to the properties that interest you.
Your Realtor will accompany you on these tours that can sometimes last for days, weeks and even months (for example, if we are in a seller’s market with few options).
Once you have found the house you want or the one that is closest to your expectations, your Realtor will prepare and send offers to the properties of interest, along with the documents and information required by the seller (Bank Statements, Pre-approval Letter of the loan, etc.)
- Your Realtor will assist you when negotiating price, terms, conditions, etc.
- Your Realtor can assist you with the loan application, the association approval process if applicable, the property inspection, obtaining insurance, etc.
- Be present during the inspection and negotiate with the seller any defects that are detected.
He stays in contact with the different participants in the transaction, ensures that no important details are missed and that the processes are completed within the agreed time periods.
When the result of the appraisal or appraisal arrives, it assists in the negotiation with the seller if necessary.
- Maintains constant communication with the title company or the buyer’s and seller’s attorney.
- Receives, processes and, if necessary, negotiates with the seller any defect, violation, etc. that the study of title, lien, etc. may yield.
- Once all the processes and procedures come to an end, organize the closing and carry out the final inspection of the property or Walk Through.
- Participate in the closing ceremony and ensure the buyer receives the key to their new home.
After the purchase, the Realtor can help the buyer, informing them of processes such as the Homestead Exemption, elimination of PMI, etc.
As you can see, have the assistance of an agent from the first moment. In our directory you can find these services through the listed Real Estate agencies.
Source: Oconsuegra.com
