The Real Estate Agent Can Be A Valuable Part Of The Home Purchase Essay

If you are looking to buy a private property or HDB flat in Singapore, make sure that you know all the pitfalls before you sign on the dotted line. Here are some of the major things you should look out for to avoid getting into a legal or financial tangle during the transaction.

Real estate attorneys are fully licensed attorneys who focus their practices on real estate law. Real estate law is the sale, purchase, or transfer of buildings, businesses, and properties. There are strict laws that surround these types of transactions and a real estate attorney is required.

“Real estate is a year-round opportunity to help countless people realize the American dream” (“Why Real Estate”, 2012). Eighty-five percent of buyers believe that home purchases are good financial investments, and a majority of homebuyers and sellers rely on the services and expertise of real estate professionals to assist them with their transactions (Profile of Home Buyers and Sellers, 2010). “The primary job description for an agent is communicating with potential clients to determine what kind of property they are looking for” (Richard, 2012). This means, setting up interviews with clients to see if the agents firm possesses property that meets the client’s specific needs. Once it is apparent exactly what the client is looking for, the agent sets appointments to show houses to clients and many times the agent physically accompanies couples while showing off properties.

Real estate is a lucrative and rewarding career, but its solitary nature can make it rife with peril. While most real estate agents conduct their business in relative safety, the kidnapping and murder of Arkansas agent Beverly Carter last year put the risks inherent in this profession into sharp focus.

Two fears are associated with selling a house: that you will sell your house for less than its worth and that you will not be able to sell your house at all. The real estate agent has the responsibility of setting the price for the house because they know what sells and how the market is. Agents can see you as an ally, and sell your house for a deserving price, or they can see you as a mark and sell your house quickly for a cheaper price that does not affect their profit. They can convert information, say the market is not good for sellers at the moment, into fear, your agent might convince you to sell your house for less than you wanted just because you got an offer. The internet has made real estate agents have less of an advantage. Now, anyone can see how much houses in their area are selling

Buying or selling a house or an apartment is one of the biggest decisions of a person’s life. And when selling or establishing a price for real estate, people seek out real estate agents to do the dirty work. A real estate agent has to convince a prospective homeowner that he or she is trustworthy and knowledgeable. In many ways, the agent acts as a counselor to individuals and families about to embark on a huge commitment. Real estate agents have a thorough knowledge or real estate market in their community. They

First of all, like any businessperson, a real estate agent likes making a quick and hassle-free profit. Secondly, many real estate agents do not have the experience, expertise, or willingness to handle the creative deals that real estate investors need.

Summary: This article describes the relationship of real estate agents and potential homebuyers. Real estate agents would not alert clients to potential risks of buying a home, but would advise buyers to purchase homes out of their price range to receive a higher commission. Henceforth, real estate agents played a key role in the housing crisis. The agency and tort laws are in place to protect homebuyers, in which real estate agents can be held accountable for misleading their clients. The article also describes a possible additional uniform ethical statute duty for all real estate agents that would prevent agents from advising against their client’s best interest.

Why do we need to hire a Real Estate Agent? What kind of advantages do they have? What kind of offer do they give in our table? Is it necessary for us to work with them? These are the common questions we ask when we are looking for a property to own. To answer these questions, I made a research on why it is important for us to hire an Agent.

Most of the time when you buy or sell a home, there is no reason to involve an attorney, but there are several situations where you would be foolish not to consult with one. Real estate laws can be complex, and you can't expect to understand all of them. The following are four situation where you should have the assistance of a real estate lawyer.

So, you 've decided to make that leap and become a home owner rather than a renter. Or maybe it 's time to trade up that first home for something larger to accommodate your growing family. Either way, choosing the right real estate agent relationship and being knowledgeable on the key terms is crucial to successfully purchasing or selling your first home.

According to the Appraisal Institute, more than half of all United States appraises are between the ages of 51 and 65. Many of those appraises will be looking to retire soon making room for new entrants into the field. The number of real estate appraisers has been steadily decreasing since 2006. Due to age attrition and the lack of newly certified appraisers, the total number of appraisers could decrease by as much as 35% over the next 10 years. The Appraisal Institute believes that the attrition rate of appraisers and the currently low number of new entrants will create a lot of future employment opportunities. This is an optimistic view and the reasons behind the lack of new appraisers is being overlooked. A number of different obstacles

They will also give you advice when it comes to whether or not you should stage the home, or just leave it empty of furniture, if you currently do not have any in there. Your real estate agent will also guide you through the selling price, meeting with potential buyers, going over the negotiation process, and finalizing the sale. However, if you would like them to handle the meeting with buyers, negotiations, and closing the deal, you can sit out of these parts completely.

A real estate agent will also recommend items you’ll need to complete to make your home more marketable. Repairs, cosmetic updates, staging, and landscaping can increase the value and desirability of your home to potential home buyers, but there is a cost. You’ll also want to factor in agent commissions,

My paper is about the recent situation and growth in the Hudson real estate market. I spoke with Kira Blair who works at Wells Fargo bank as a personal banker. Her impressions reflect what I’ve found in my literature research, which is firstly about the trend in real estate market. Kira said the trends of the rental market is that the need for lower rental for young people will continue to increase because younger people were unable to afford the mortgages when they enter the workforce for the first time. So without the funds to make a down payment or the credit to be approved for a mortgage, young people opted to rent and they may continue to rent in many years. Kira said that the demand for buying houses or apartments are not as much as