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Realtors Responsibility

By Frank Rubi

Real Estate Broker/Owner with Frank Rubi Real Estate, LLC La Broker 09995688826

April 28, 2008 06:31 AM

What is our Responsibility as Realtors?

I am working with a young couple and they are first time home buyers. We are looking in a working class neighborhood in Kenner LA. This couple has a one year old and mom is expecting second in June. When working with this young couple I realize just how uneducated in real estate first time home buyers can be. They have the down payment and credit. They do not have experience to take into consideration inspections or cost of insurance. They just want a home. The seller's agent was present for the viewing. My client tells me, is he the one I need to ask if they will take a lower than asking price. My client's wife tells him that is why we have Frank. I have explained the entire process but sometimes things just don't sink in.

I believe in telling all my clients that I am there for their protection and negotiation. We should all keep in our mind, our continuing education and Code of Ethics. The general public needs us and this young well meaning couple needs a Realtor.

Thinking of selling or buying a home in Kenner LA? Interest rates are at their lowest points in several years. With the choice of selection in this market inventory, you can be in a new home in a short amount of time. Interest rates, insurance premium appear to be settling down and lots of inventory to choice from now is the time to act. Want to purchase or sell your property in the River Parishes, Kenner, Metairie, Slidell, Arabi, Baton Rouge and Houma, Louisiana.
Contact me Frank Rubi, I would be happy to answer any questions and help you in this very important decision. I will make your buying or selling experience stress free.

Pick up the phone and call me at 504.319.9696 or email us at frank@frankrubi.com. www.activerain.com/frankrubi http://www.localism.com/ Louisiana, Destrehan, or Kenner, then browse in City, about, events, listings, and more.

In addition visit my websites: http://www.frankrubi.com/

Frank Rubi, e-PRO, MBA, REALTOR®

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Geoff Scowcroft

Coldwell Banker - Studio City, CA

The process of buying or selling real estate can be very complex and no two transactions are the same. One of the aspects that I enjoy is working with buyers and sellers helping them better understand how the process works.

We have been very careful with our clients to tell them, if another agent asks you a question, just have them talk to me. Seller's will oftentimes not realize that the simple question a buyer's agent may ask may be giving them greater understanding of the seller's motivation and possibly weakening their bargaining power.

Apr 28, 2008 06:43 AM

Frank Rubi

Frank Rubi Real Estate, LLC - Metairie, LA

FrankRubiRealEstate.com

Geoff, you said it well.

Apr 28, 2008 06:54 AM

Sharon Simms

Coastal Properties Group International - Christie's International - Saint Petersburg, FL

St. Petersburg FL - CRS CIPS CLHMS RSPS

Unfortunately many buyers also don't know the costs of maintaining a home. They plan for the property taxes and insurance, but not the lawn care (mowing, trimming, fertilizing), the pest control, the maintenance costs, etc.

Apr 28, 2008 07:46 AM

John Walters

Frank Rubi Real Estate - Slidell, LA

Licensed in Louisiana

Take good care of them Frank. I know you will do the best for them.

Apr 28, 2008 09:47 AM

Gene Allen

Fathom Realty - Cary, NC

Realty Consultant for Cary Real Estate

Sometimes you can tell them everything but it doesn't always sink in.

Apr 28, 2008 12:29 PM

Lindsey Hasford

Edina Realty - Elk River, MN

Bringing you home...

Frank - I'm sure that it will sink in at a point! Sometimes we learn the hard way.... good luck with them!

Apr 28, 2008 03:15 PM

Karen Rice Keller Williams Real Est

Keller Williams Real Estate - Hawley, PA

Northeast PA & Lake Wallenpaupack Home Sales

Here one thing a lot of people don't take into consideration is the cost AFTER purchase...mainly, heating. There are a handful of big ol' houses available here for a pretty low price, until the buyer realizes that it could cost them well over $1000 a year to heat it (we tend to have long winters here, with the "heating" season stretching from October thru May, though this April has been sweet)... they need someone to remind them of these things....horrible thing for a young family to put all they have into getting a home only to realize they can't afford to keep it warm!

Apr 28, 2008 11:40 PM

Pam Dent

Gayle Harvey Real Estate, Inc. - Charlottesville, VA

REALTOR® - Charlottesville Virginia Homes / Horse

Sometimes in the excitement of buying their first home these young buyers do not take in all of the information we are giving them. We just have to be patient and keep explaining. It sounds like your young buyers are lucky to have you.

Apr 29, 2008 01:47 AM

Pam, thanks for your nice words. I will have to replay and reexplain the whole process. As far as future up keep they are aware of these concerns. Currently they are paying and maintaining the rental which they rent from me. They just need to learn the process.

Apr 29, 2008 03:24 AM

Doug Fritchie

DOUG FRITCHIE-Silver Legacy Properties,Inc. - Portland, OR

Hey Frank~You are absolutely right on. I always explain to clients that not having a Buyer's Agent to represent them and dealing only with the Seller's agent is similar to goinig to court against someone and using the same Attorney.

Apr 29, 2008 03:27 AM

Doug, from my old Army day "Never go to a gun fight with a Knife".

Apr 29, 2008 03:33 AM

Realtors Responsibility

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