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Did you know that a Realtor and a real estate agent are not the same thing? See the definition of a Realtor and the difference between a real estate agent. 
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Top Real Estate Professionals Reveal How To Avoid First-Time Home Buyer’s Remorse
Bill Gassett's insight:
Buying a home for the first time is certainly a big step in ones life. It comes with both excitement and high levels of stress. Considering it is one of the largest purchases you will ever make it only makes sense to put quite a bit of thought into it.
Over the years working as a real estate agent, I have run into quite a few situations where first time buyers have gone out and found what they think is the home of their dreams.
Within a short time however their dream home is no longer up to snuff. It could be any number of reasons why but the bottom line is there wasn't enough thought put into the buying decision.
What this does is create a large case of first time buyers remorse. This can be frustrating for everyone involved as the transaction will need to be hastily cancelled. The seller, buyer and real estate agent all need to go back to the drawing board.
So how does a buyer avoid being remorseful with their purchase? In a net shell the buyer needs to take a step back and not make a rushed decision just because they think they have found "the one".
In his latest article Xavier De- Buck has gone out and interviewed some of the top real estate agents, mortgage brokers and other industry professionals to get their expertise on how to avoid home buyers remorse.
Take a look and you will see some great guidance from seasoned professionals who have been around the block for a while.
if you enjoy the article and think the advice is sound, please consider scooping it or sharing to your social networks. You could be helping out quite a few first time home buyers in the process!
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See why picking the right real estate agent is critical to having success when selling a home. Choosing a Realtor is a vital piece of the puzzle.
Bill Gassett's insight:
Do you know how to pick a Real Estate agent? Clearly most people do not. The Real Estate industry has a low satisfaction rating and much of this has to do with people making bad choices when choosing a Realtor. So who's fault is that? Does the consumer play any role in this? In my opinion they certainly do. Many consumers do not take the necessary time or effort in choosing a real estate agent when selling a home. Consumers do silly things by seeing a real estate sign with an agents name on it or visiting an open house. This is not the best way to choose a real estate agent! In fact if this is how you go about finding an agent you are bound to make a big mistake. When you are selling a home time should be taken to carefully go through an interview process. There should be multiple agents that are interviewed with questions that will tell you how good the agent will perform. For example what is the agents list price to sale price ratio? What are the average days on the market? What is the success rate of all the homes the agent has listed? There is nothing better than a track record for success in real estate. In the article you will see some of the more common mistakes people make when choosing a Realtor. There are also numerous tips on how to avoid making mistakes in the selection process. Some of the top real estate bloggers who have written on this topic are featured including: @Kyle Hiscock and a few others. Take a look at the article and if you find it helpful please consider sharing it.
CynthiaLaboile's curator insight,
February 8, 2016 3:56 PM
Ask questions of a real estate professional before engaging commitment. Whether you're moving across town or to another state, listing or buying, make sure that you're getting the best of the professionals available. Don't just think that you're going to save money and do all the work on the internet yourself. Many states are non-disclosure states, and the price estimate online could be incorrect. If you don't take the time to "hire" an agent to work on your behalf, you won't get the best negotiating stance. REALTORS are trained to work for your best interests. With the help of a buyer's agency or seller's agency, you will keep more of the green stuff in your pocket for sure! Follow this short guide to interview a prospective agent: *Does he/she have time to accommodate your needs? *Is he/she an advocate or simply making a sale? *Will this person work for your interests in the timeframe that you need? *Do you feel comfortable to ask questions and converse with them? *Does this professional have a good track record? *Would you recommend this professional to a friend and family member? Remember, a professional is working on your team, so let them know how you prefer to proceed, and you'll be so happy you chose a REALTOR to work with you! |
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Do you know the top reasons sellers fire a real estate agent? If you're considering firing your agent, these are all valid reason for possibly doing so.
Bill Gassett's insight:
Like any other business you should be striving to hire the best person to represent your interests. If you are selling a home it becomes vital to choose an agent who will do what it takes to get the job done.
Unfortunately, lots of people make very poor choices when picking a real estate agent. It is actually not all that hard to do. Quality real estate agents are in fact out numbered by less skilled agents.
Why is this you might be thinking? The answer is simple. The barriers to getting into the real estate industry are far too low. This creates an environment where people who don't belong in the business are holding a license.
What this creates is a lot of disappointment, especially among those who have hired an agent to sell their home.
In my latest article at Maximum Real Estate Exposure, I cover the reasons why sellers will fire their real estate agent. Quite often a sellers disappointment starts as a minor problem and then blossoms into something bigger as the mistakes pile up.
Sellers always want their agent to communicate well and for whatever reason lots of agents lack this skill. The number one reason an agent gets fired will in fact be a lack of communication.
Most people understand that pricing a home correctly also is the #1 reason why a home will not sell.
If more agents paid attention to pricing their clients homes correctly there would be far less anguish.
Take a look and see all the rest of the reasons why a seller will want to fire their real estate agent. If you are new to the business this will be a great read.
If you enjoy the article, give it a share or scoop.
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Most real estate markets have hundreds, even thousands of real estate agents. So, should you hire a part time real estate agent? Find out PROs & CONs here!
Bill Gassett's insight:
When you are selling a home one of the most important aspects of having a fantastic experience is hiring the right real estate agent. An agents track record of success is a critical factor is choosing a Realtor yet many people come up with their own criteria such as personality or what the agents says the house is worth.
This is where home owners get themselves into a lot of trouble. It is funny because lots of people spend more time picking out a barber or a hair stylist than they do a real estate agent. You would think when you are talking about someones largest asset this would not be the case. Unfortunately with a lot of people it is!
Having been in the real estate industry for almost 30 years, one of the other big mistakes I see quite frequently is choosing a part time real estate agent. Folks this is almost always a huge mistake. Being a full time agent for the past twenty nine years I can tell you how important communication is on a daily basis for a transaction to go smoothly.
Being able to reach the agent you are working with in a timely fashion is not only important but essential. There are so many things that come up in a home sale. Not being able to reach the other agent at important junctures could really put the sale in jeopardy. I have seen it so many times over the years in my own transactions trying to deal with an agent who just has decided to go missing.
Real Estate is a demanding job as it is when you are full time. Trying to add a second job to the mix is only going to increase the odds that things go wrong.
In his latest article @Kyle Hiscock takes an in-depth look at the topic. Kyle shares some great advice on what to consider when choosing an agent to work with.
Take a look and if you find the information helpful please Scoop it or share to your social channels.
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Top Home Seller Mistakes When Selecting A Realtor.
Bill Gassett's insight:
Selling a home is not something that should be taken lightly after all it is usually someone's largest asset. Without a doubt though so many sellers do not take the necessary time to carefully select a Realtor. For some reason many folks think that all real estate agents do the same things to sell homes. This is completely false! In fact 94% of all real estate sales are done by 6% of the real estate agents. There is no 80/20 rule in real estate. This makes it imperative to interview multiple agents and not make a mistake selecting the Realtor you choose to work with. Considering the above statistics it is easy to make a poor selection!
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Most people have no idea that there is a significant difference between a Realtor and a real estate agent.
These terms are used interchangeably from consumers and even those in the real estate industry.
A Realtor is a member of the National Association of Realtors. A real estate agent is not. The most significant difference is Realtors agree to follow a strict code of ethics.
There business practices are held to a much higher standard. See everything you need to know about all the differences at Active Rain. You will be surprised by some of the information.