Monday, August 10, 2009

Get the Best Out of Your Search

Two main points about shopping for homes in any particular area -
1. Use a LOCAL agent when looking for and purchasing your home.
2. Use an agent who is functioning as a BUYER'S AGENT for YOU when making an offer to
purchase a home.

Regarding No. 1: A LOCAL agent should know the areas and the neighborhoods, be familiar with the local school system, the city and it's resources. Most of all that agent should be familiar with the local markets and the general city real estate market.

Regarding No. 2: It is not advantageous and is risky to make an offer for and enter into a purchase contract to buy a home from the Listing Agent for the home you are purchasing. By virtue of being the Listing Agent, that agent is primarily responsible for his Listing client and the legal and financial relationship it entails. That Listing client's satisfaction is legally held above your satisfaction as the buyer.

In the next posting, I'll talk about why these reasons are important when home searching.

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