128. The seller did not know his home was in foreclosure.

      136. The buyer quits his job before the transaction closes escrow.

      475. At closing, you find out your total house payment is $1900.00 and you were expecting it to be $1500.00.

sold

Now, go ahead and ask yourself again if using a real estate broker is important, you're right, it is!

Especially in today's marketplace, the rules are changing.  Did you know interest rates are so credit score driven, you will pay more in interest for a credit score of 719 than you will if your credit score is 720?  

Lenders are going out of business, 100% loan programs are disappearing and FHA (3% down) loans are coming back into vogue. Now is the perfect time to use a real estate broker to help you navigate through your sale. Your broker will guide your through the steps you need to take to not only make a wise real estate investment, but also assist you in finding a home you will treasure for years. 

As a member of MLS, your broker has access to all the listings in your area and price range.  Your broker will show you homes, write your offer, negotiate the price and terms of your transaction, help set up inspections and work closely with your escrow closer and your lender to complete your sale on time.

Your broker will not only save you time, they will also save you money and give you peace of mind.

 
Post is included in group: Active Rain Newbies
Post is included in group: Realtors®

11 Comments on Did you know there are over 500 things that can go wrong in a real estate transaction?

good points - I love the one where the buyer goes and buys a $40,000 bass boat - happened to me - no joke

04/23/2008 01:40 AM by Central Oregon Real Estate | Thesa Chambers, Broker (RE/MAX Sunset Realty La Pine)

I believe it.  All of the above happened to me as well.  I guess its one of those learning experiences that keep up on our toes... I have 17 years of them. 

04/23/2008 01:48 AM by Leslie Stewart – Realtor ®, CRS, eCertified (Prudential Real Estate Professionals)

Leslie - thanks. btw, what is eCertified? I took an e-PRO class, is it the same/similar?

04/23/2008 05:46 AM by Peter Z. Nikic

Peter- I think similar.  The eCertified desination was designed by Prudential several years ago to show buyers and sellers our agents possess the knowledge and ability to conduct business reliably on the internet.  Training and testing was involved but I don't think it is as intense as the e-PRO program.  I was one of the first in my office to finish the training.

04/23/2008 10:23 AM by Leslie Stewart – Realtor ®, CRS, eCertified (Prudential Real Estate Professionals)

Leslie - oh, that's good. I never really noticed this designation before. I personally didn't think e-pro was too difficult, maybe for begginers it's good.

I needed a 2nd class for my ABR designation, so I took the e-pro. This way I could be both e-pro and ABR.

 

thanks

04/23/2008 10:47 AM by Peter Z. Nikic

Thanks for the info! Always a healthy reminder! Keep em comin!

04/23/2008 04:29 PM by Jeffrey de Jesus (REMAX Westlake Investments)

Good post.  There are probably 500 things that could go wrong on any day you have a listing :)

Hope nothing goes wrong for you this week.

 

04/23/2008 04:32 PM by Kevin O'Shea, White Plains, NY Real Estate (Homes of Westchester, Inc.)

Leslie-

Great post.  You picked some really good points for choosing a Realtor.  Keep up the great work.

04/24/2008 12:37 AM by Lisa Lawrie (Homelink Real Estate and Mortgage)

Leslie....isn't that the truth!!  There are so many unforseen things that can go wrong and also can get resolved by working with a great, experienced Realtor.

04/25/2008 09:43 AM by Debra Kukulski-GRI;ABR;RECS;e-PRO Real Estate Expert Northern Illinois (Re/Max Unlimited Northwest)

Ah, the memories... Thanks for the reality check, Leslie. This is a great piece on the benefits of working with (and listening to) your REALTOR. Great post...

04/25/2008 02:13 PM by Keishia Louis: Suwanee, GA Real Estate Agent (Metrobrokers/GMAC)

Great points. Buyers that don't have a good Realtor to work with will oftentimes miss asking the questions that they should be asking. A good Realtor can help them ask the right questions to help make their purchase a successful one.

04/25/2008 02:25 PM by Geoff Scowcroft (Coldwell Banker)

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Real Estate Agent: Leslie Stewart – Realtor ®, CRS, eCertified (Prudential Real Estate Professionals)
Leslie Stewart – Realtor ®, CRS, eCertified
Stayton, OR
More about me…
Prudential Real Estate Professionals

Office Phone: (503) 769-3448 Ext.: 1910
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Stayton and Sublimity Oregon Real Estate, Willamette Valley Real Estate, Salem Oregon Real Estate, Santiam Canyon, North Santiam River, Fishing the Santiam, Stayton Homes for Sale, Salem Homes for Sale, Scio Homes for sale, Lyons, Mill City, Gates, Detroit, Idanha, Jefferson, Lebanon, Albany



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