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How to Build a Real Estate Investing Power Team By: Adem Hamidovic: As you continue to read about real estate investing, you will no doubt come across the term 'power team'. What is this... That saved me loads of work and time. My power team was now complete!I've since become good friends with Elizabeth, and... Joint Ventures In Real Estate Development; So How Do They Work? By: Colm Dillon: There are many reasons why you would consider joining with another person to undertake a development project in Joint... better to KNOW what you are agreeing too.I hope this information helps you in your consideration of entering a JV. but ... When a Real Estate Agent May Not Be The Best Option By: Chris Cates: Historically, when homeowners wanted to sell their home, the first call made would be to a Realtor. Since the early 19... the past several years have leveraged the financing on their home up to as much as one hundred percent. When there is n... Dealing With Dual Real Estate Agents By: Jakob Jelling: Historically, real estate agents have represented the seller of a property. The seller, after all, is usually the one ... conflicting interests in the price and other terms of the sale. It's very difficult for an agent to truly and equally r... How to Become a Real Estate Agent By: Andre McFayden, Ph.D.: The process of becoming a real estate agent is fairly simple, although it does vary a lot from state to state. Here a... broker. If you decide at some point to work for yourself, you will need to earn a broker license. Most new agents sign ... The Benefits Of A Professional RealtorŪ Lori OsenbaughBuying and selling property is not as easy as you may think. There are many things that you have to consider when purchasing a home, or when putting a home up for sale. That is why there are real estate professionals out there armed with the skills and knowledge needed to make this process easier. Read below to see how a real estate agent can help you in your real estate transaction. The Benefits of a Sellers Agent When you list your property through a real estate company, the individual with whom you list is known as the sellers agent, or listing agent. The very first thing that a listing agent has to offer a seller is a comparative market analysis, or, a CMA. A CMA compares your property to other real estate property listings, preferably ones that have sold. The goal of the agent is to compare apples to apples. In other words, they compare MLS listings (a.k.a the multiple listing service) with similar square footage, whether or not the property has a garage, the types of flooring the home has etc. In the end of this analysis, the agent provides you with a figure for which he or she feels that your property will sell. Once you have chosen a sellers agent, you enter an agreement with them, often called an exclusive right to list agreement. This simply creates a legal relationship between your agent and yourself. Once your house is listed in the MLS listings, there is still much more your real estate professional can do for you. Real estate agents advertise property within their office and on their own personal websites. They often send out news letters, flyers, post cards and offer MLS bulletins for other realtors to see so that your property gains maximum exposure. In addition to advertisements, real estate agents also perform open houses on your property, during which potential buyers can see all that is good about your home. The Benefits of a Buyers Agent Many people feel that real estate agents are for sellers and sellers alone. But this is most definitely not the case. The first arena in which a buyers agent is helpful is finding the perfect home. Real estate agents have access to the MLS on a level that buyers do not. They can search specific criteria and find the perfect three- bedroom, two-bath home with a fenced in back yard and a rocking chair front porch. In addition, they can narrow real estate property listing searches by capping the minimum and maximum prices that the buyer wishes to spend. Once homes are selected for viewing, the agent then ensures that appointments are set up with the sellers of the homes to view the property. Next there is the negotiation stage where a buyers agent comes in handy. The first part of this legal area is the writing of a contract. Real estate agents can help a buyer fully understand the ins and outs of an offer to purchase and give them a sense of exactly what they are getting into. Once a contract is created, presented, and accepted, the agent then sets up appointments on behalf of the buyer for things like the home inspection, pest inspection and appraisals. Your agent can advise you as to which investigations and inspections are recommended or required.Buyers agents also have a sense of who is good at these things and who is not, making these decisions easier on the buyer. Then, when closing time comes, the agent is there to help the buyer warm up their signing fingers before signing all of the papers making their home ownership a reality. About the Author: Lori Osenbaugh is a licensed RealtorŪ and e-Agent associated with Keller Williams - Cherry Creek, Colorado. For complete MLS access, new property alerts, and much more visit Lori's web site & start your home search in the greater Denver area http://www.listwithcookie.myhomecards.com
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