As a real estate agent, you’re compensated on commission for your role in property
transactions, typically based on a percentage of the sales price. Real estate agents
are essentially the middlemen in these transactions, and a successful purchase or
sale requires their expert guidance and experience – after all, buying and selling a
home is often one of the largest financial decisions most people will ever make in
their lives.
While a person can certainly buy or sell a property without an agent, navigating the
process on their own can be time-consuming and confusing. For this reason, most
buyers and sellers choose to work with an experienced professional who can guide
them through the process from start to finish.
For sellers, a good real estate agent will help determine a reasonable asking price
and market their property effectively through multiple channels, such as the MLS,
popular real estate sites for buyers, social media, word of mouth, and open houses.
They’ll also handle the complex paperwork involved in a property transaction.
Buyers’ agents will scour the MLS to find properties that meet their clients’
specifications and schedule viewings of homes that fit those criteria. They’ll also
help with the financing process by advising on mortgage companies and assisting
with the loan application. Additionally, they’ll provide helpful information on the
neighborhood and comparable home prices to help their client make a decision
about what to offer. For more https://www.texassellmyhouse.com/sell-an-inherited-house-texas/
As the sale nears closing, a real estate agent will continue to negotiate on their
clients’ behalf and advise them of any issues that may arise. During this phase,
they’ll usually coordinate with other professionals such as appraisers and home
inspectors to ensure all parties are on the same page. They’ll also advise on the
mortgage commitment date, which is a crucial date in the process because it’s when
the mortgage lender agrees to fund the loan, and recommend ways to keep the
mortgage moving forward if there are any delays.
At closing, a real estate agent will assist their clients in reading through the final
documents and ensuring they understand them. They’ll also help ensure that all
necessary signatures are on the proper form and that any other issues that need to
be addressed are taken care of before closing.
What can you learn from this article?
The next time you need to buy or sell a home, consider working with an experienced
real estate agent. They can save you time, money, and stress and give you peace of
mind throughout the entire transaction.
Ready to get started? The Home Loan Experts at Rocket Mortgage(r) can help you
take the next step toward homeownership. Apply online today!
This is a guest post written by the team at Rocket Mortgage(r) and not affiliated with
Zillow, the company.
Rocket Mortgage is an Equal Housing Lender and a member of the Federal Reserve
System and adheres to all applicable consumer protection laws and regulations.
Zillow, the logo, and other trademarks are owned by Zillow, Inc.
