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Real Estate
Reply to "Why do we need a real estate agent?"
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[quote=Anonymous][quote=Anonymous]I had agent skepiticism and found a great one who ended up being incredibly helpful. Value add for us on the buy side (she was also great on the sell side, but you don't seem intersted in that right now): - She pre-screened houses for us after we told her what we wanted. So we were only looking at realistic options given our criteria. This saved us a lot of time. (We were looking with a pre-schooler.) -She previewed several properties for us before they were on the market. This is HUGE. A lot of times the best properties don't even go on the market. You'll never see these if you don't have a plugged-in agent. -She was very agressive negotiating price, which made me nervous. I would have NEVER done this on my own dealing directly with a seller. It's a lot less awkward to play hard ball when you're doing it third hand via your agent. At the end, we got a great price. -She had a lot of direct experience with the area we were looking and knew the history of the sales patterns and prices and had been in many of the homes. This was probably part of what helped her be confidently agressive in negotiating a price. -We didn't end up needing to do this, but in the area we are looking in, escalation clauses can be typical. I have no idea how to do this and she does. -She dealt with setting up home inspection, negotiated what items needed to be fixed (again, she was more agressive than I would have been), and followed up tenaciously to make sure all items were addressed. A few items were not properly addressed at the walk through and she insisted that they be fixed after we moved in (and had a document at the ready for us to sign at our closing that indicated these things needed to be fixed). -When our lender was being difficult, she called and helped move that along. (The lending situation right now is terrible even if you're the most qualified buyer in the world.) -She found the settlement agent and set all that up. She just told us when and where to show up. I think real estate transactions can get weirdly personal for people. I think dealing directly with a seller will be awkward and you likely won't get the same results as a good agent doing it for you. [/quote] +1,000[/quote]
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