MAXIMIZE YOUR REALTOR!

By
Real Estate Agent with Dunnigan, Realtors, Sacramento (916) 425-9715 CalBRE # 01188158

The beauty of teaming up with a Realtor for buyers is that it usually does not cost them a dime...and will maximize their possibility of purchasing the property they are looking for.

However, there are many steps a buyer can take that will help their Realtor give them the very best service possible. 

  • Be honest with the purchase price for which you can qualify.  A Realtor needs to know your top qualifying price, even if you don't want to go that high.  The reason for this is while you may not want to go that high, you are probably looking that high on the internet and ads.  You will get frustrated with your Realtor for not showing you properties that you might consider because they aren't aware you can go higher than the price range they are looking.  Just tell them that while you can qualify for X, you only want to go as high as Y.  This way, if there is the perfect house out there that you would make an exception for, your Realtor can at least show it to you.
  • Be available.  If you are serious about purchasing, then you need to be available to view property.  This becomes particularly pertinent in this market of multiple offers.  If you are an out of town buyer, it will be better to simply wait until you are in town to look at property.  Making offers on properties you have not seen is not looked upon kindly by listing agents or their sellers.  Once you are in town, be prepared to write an offer.  Have your prequalification letter in hand.
  • Be flexible.  Your Realtor is going to show you homes that fit within the parameters you have given them.  It is unusual for one property to have all of the features you are looking for.  Most of the time, I find buyers fall in love with one or two aspects of the home and are willing to forgo some of their other needs to enjoy the features they like.  Sticking to a strict list will make your home search frustrating to everyone.
  • Once you have decided on a property, stick with it.  You have an accepted offer...lucky you!  Backing out once could be excused...backing out multiple times is discouraging for your Realtor who gets excited for you only to find out that you have changed your mind...again.  At some point, if this continues, your Realtor will probably put you on on a back burner and pay more attention to more motivated buyers that they are working with.
  • Trust your Realtor.  You have selected that Realtor for a reason; a referral, meeting them at an open house, reading about them on the internet.  Whatever the reason, once you have made that decision, trust that they are working for your best interests.  They will consult you on properties available, proper offering prices, the best terms to write up and negotiate the inspection results.  Their experience and expertise should be taken advantage of.  If you don't feel you can trust them, then you have selected the wrong Realtor...kindly explain that it isn't working for you and move on to another Realtor who you feel you can trust.

Approach your home search and purchase in this way and you have maximized your Realtors ability to help you...and have a great experience along the way!

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Rainmaker
1,997,337
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Every market is so different. 95% of our real estate sales are list, have lots of inventory, sell and one agent, broker. Listings are king and whoever has the inventory to sell controls the market.

Dec 05, 2012 03:15 AM #1
Rainmaker
1,777,886
Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

I find it funny how so often we fight doing what is best for us. Trusting your realtor, who you are paying, to do what is best for our purchase situation. Thanks Paula.

Dec 05, 2012 03:29 AM #2
Rainer
345,849
Jennifer Prestwich
Henderson, Thornton, Broomfield and Westminster - Henderson, CO
Madison & Co Properties

It amazes me how many folks out there don't know that it is the seller who pays the Realtors' commissions.  There is no reason not to use a buyer's agent, especially when they are a rich source of knowledge.  But clients need to trust and respect their agents.  Great list of Do's!

Dec 05, 2012 04:14 AM #3
Rainmaker
262,692
Paula Swayne
Dunnigan, Realtors, Sacramento (916) 425-9715 - Sacramento, CA
Realtor-Land Park, East Sac & Curtis Park -Dunniga

Hi Tom~
I agree....why do some buyers hire a Realtor that they refuse to trust?  It doesn't make sense.

 

Hi Jennifer~
I have had buyers so relieved to find out that they don't have to pay commissions!  They really should be using us from the very beginning to make their life so much easier!  As I tell my buyers and sellers, it is my responsibility to make this as stress free as possible so they don't have to worry!

 

Dec 05, 2012 12:58 PM #4
Rainmaker
774,332
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Buyers also should realize that their Realtor cannot be successful unless the buyer successful. In other words, if the buyer is unsuccessful in their attempt to buy the Realtor fails, too. What is the reason for the failure? Is it because the buyer did not put all their cards on the table for their Realtor to play? Is it because buyer was not committed to the process? Is it the buyer’s fault or the Realtor’s?

 

Success in buying a house is collaboration between buyer and Realtor.

Dec 28, 2012 02:30 AM #5
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Rainmaker
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Paula Swayne

Realtor-Land Park, East Sac & Curtis Park -Dunniga
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