Dallas Realtors Wear Many Hats

By
Real Estate Agent with United Real Estate Dallas TREC# 0544069

Realtors wear many hats during a real estate transaction. Representing a client's best interests requires a thorough understanding of the purchase process, contract knowledge, skills, focus, timing, problem-solving, creativity, and attention to detail. The goal is a successful closing.

Buyers often say at the beginning of their home search, "I would love to have your job. It must be great to get paid for looking at houses." If only a transaction was as simple as looking at houses! The role of a Buyer's Agent is multifaceted. Each transaction is as unique as the personalities of the people involved in process, the conditions specified in the executed contract, the property condition, and the financing details.

Many clients share during the home buying process that they had no idea of the value of a Realtor before embarking on the home buying process.  For that reason, I put together the following information to give Buyers an idea of what to expect when they work with me to purchase a home.

 

Services I Provide to Buyers

  • Educate buyers about the process of purchasing a property

Buying strategies

Buyer and Seller responsibilities

Escrow procedures

Local regulations

  • Gain an understanding of Buyer wants and needs
  • Provide a list of mortgage professionals
  • Introduce clients to neighborhoods that satisfy their wants and needs
  • Screen homes to focus on properties that match Buyer criteria
  • Arrange for home tours on a convenient schedule
  • Discuss open houses, new construction and For Sale by Owner (FSBO) properties
  • Contact Seller Agents to gain additional information about properties of interest
  • Provide analysis of micro neighborhood markets based on sales information
  • Provide available information about the history of a property of interest
  • Provide contact information for local businesses, organizations, or professionals of interest to buyer Review Seller Disclosure and discuss pertinent issues
  • Evaluate comparable home pricing in the neighborhood
  • Write an offer to purchase based on Buyer preferences making certain that the Buyer understands the promulgated Texas Real Estate Contracts, Addendums, and all terms of the offer
  • Explain value of the Option Period
  • Advise client about best negotiating strategy 
  • Maintain regular communication with buyer during purchase process and resolve issues
  • Negotiate the contract to purchase, in Buyer's best interest, including repairs, finance terms, date of possession, Option Period, contingencies, etc.
  • Explain in detail what the Buyer is signing
  • Deliver contract and earnest money to title company
  • Deliver option fee to the Seller's Agent
  • Maintain a closing calendar making certain that all tasks are completed according to the terms of the contract
  • Advise Buyer about inspections
  • Provide Buyer with vendor information during Option Period
  • Work though inspection issues
  • Prepare repair amendment based on Buyer preferences
  • Discuss home warranty companies
  • Work through any appraisal issues that may arise
  • Work through HOA issues
  • Facilitate communication, as necessary, with lender, title company, and vendors to resolve issues
  • Coordinate transfer of utilities prior to closing
  • Coordinate final walk through
  • Arrange for keys, garage door opener and alarm code information, etc. to be transferred to Buyer.
  • Schedule closing, review closing documents, and make certain that client has necessary funds
  • Open the door and let you into your new home!

Whether you are looking for a larger home, downsizing, or making a lifestyle change, I look forward to the opportunity to visit with you about how I can help you with your real estate needs.

Posted by

 Sharon Parisi,  Realtor®

Helping Dallas area buyers and sellers meet their real estate needs

214-450-3742

Sharon@sharonparisi.com

United Real Estate

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Rainmaker
3,069,179
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Sharon Parisi "Many clients share during the home buying process that they had no idea of the value of a Realtor before embarking on the home buying process." Hence the value of your checklist!

Oct 19, 2015 11:08 PM #2
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Endre, unless we share what we do, it's unlikely that others will understand what we do behind the scenes.

Oct 20, 2015 12:36 AM #3
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Tony and Suzanne, I have friends who insist that their Realtor of many years ago did not do most things on the list.  I assure them that I'm certain their Realtor did every task on the list!

Oct 20, 2015 12:41 AM #4
Rainmaker
121,126
Randy Hilman REALTOR® Associate Broker
Randy Hilman Homes - Moultonborough, NH
Guide & Mentor to Home Buyers & Sellers

Sharon Parisi.  Nice post.  You are a worthy candidate for consideration of this very special prize.

Oct 20, 2015 09:24 AM #5
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Randy you are very kind.  All of our posts are wonderful tools for Buyers.

Oct 20, 2015 01:10 PM #6
Rainmaker
512,206
Bruce Hicks
Best Homes Hawaii - Honolulu, HI
Your Lifetime Friend/Helper!

Whooo Hooo Sharon Parisi you made it by two minutes!  Way to go.  This is a SUPERB article that every buyer and seller in the Dallas area should review closely!

Oct 20, 2015 01:56 PM #7
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Bruce, I'm glad I made it!

Oct 20, 2015 02:31 PM #8
Rainmaker
512,206
Bruce Hicks
Best Homes Hawaii - Honolulu, HI
Your Lifetime Friend/Helper!

 I've used Digital Ink and Docusign.  Other than a cost diff, Personally, I do not see a difference between the two Sharon Parisi 

Oct 20, 2015 02:42 PM #9
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

I've tried Dot Loop and am not fond of the product.  I'd rather not pay for DocuSign.  Thanks again for your recommendation!

Oct 20, 2015 03:13 PM #10
Rainmaker
1,118,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Excellent content management. I have book marked to show clients what we do.

 

Thanks

Sam Shueh

Oct 20, 2015 07:11 PM #11
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Thank you Sam!  There are so many facets to everything we do for clients. Every decision has a consequence.

Oct 21, 2015 03:55 AM #12
Rainmaker
1,434,894
Yolanda Cordova-Gilbert
Richmond, TX

Sharon,

 Excellent blog and oh so true! I think you forgot to add sometimes we have to be psychologist!

Oct 21, 2015 10:35 AM #13
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Yolanda, that is so true!

Oct 21, 2015 10:45 AM #14
Rainmaker
2,570,648
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Great list Sharon, when you read your list or read our own...it is amazing what we do. And, some think we are overpaid. No way,

Oct 22, 2015 12:52 PM #15
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Rebecca, we're definitely on call as many hours as we are willing to work.

Oct 22, 2015 02:19 PM #16
Rainmaker
4,065,117
Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Sharon Parisi ,

 So many times consumers don't realize what all we do..heck sometimes we forget! We wear so many hats..but that is what is so wonderful in our jobs! I personally love it!

Oct 23, 2015 10:25 PM #17
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Dorie, I agree! I love every one of the hats we wear!

Oct 24, 2015 01:20 AM #18
Rainmaker
2,214,615
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

Until I got into the business of home staging I was one of those people who thought agents had it easy. Not any more. I now know how hard you work!

Oct 27, 2015 02:40 AM #19
Rainmaker
1,075,862
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Sharon, although every state differs when it comes to procedures, it's still long hours, with legal and financial risk.  Many people have no idea that we are independent contractors and business owners with fixed expenses.

Oct 27, 2015 03:07 AM #20
Rainer
4,075
Jenifer Soflous
Dallas Realtors Corp - Dallas, TX
Charming and Young woman working as Realtor.

Sharon Parisi This is a great checklist as well as an address of a Good realtor. I glad to read what i am doing as a Dallas Realtor.

Jul 17, 2016 08:32 PM #21
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Rainmaker
1,075,862

Sharon Parisi

Dallas Homes
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