Tuesday, November 24, 2009

Why a buyers agent is more important than ever!!!

Wow, it's been a while but we've been so busy trying to deal with all the changes in both the real estate and mortgage market, frankly we've been consumed. However, we feel confident that we've ironed out the wrinkles through trial and tribulation and it's time to get back to what we're here for, informing you and giving you sound advice to decide what's the best route for you to go regarding buying a new home. We'd like to start by letting you know now more than ever, if you decide to go out and start the process, the most important thing you can do is find a respectable buyers agent to protect you. Now, there's something you need to be aware of in doing this. Buyers agent's consider you one of two things. You're either a "customer" or a "client". The difference? Well, that is subject to opinion as far as we're concerned at The Total Team. If you have what we would consider a top shelf buyers agent, they wouldn't ask you to consider the client option until you find a home you'd like to make an offer on. The reasoning behind this is best quoted from one of the best buyers agents I've had the pleasure of doing business with in 11 years of being a mortgage officer. Marilou Strickland, Owner/Broker of Lamprey River Real Estate in Raymond N.H. explains it like this..."it's like buying a car, let's try it out and see how you like it". It can't be put any more simply than that. If you sign a contract up front and find the realtor doesn't meet your expectations, you may have difficulty moving on for a limited amount of time. That is if you've signed a contract to become a client as opposed to being a customer where no contract is signed. The way Marilou looks at it is that you're a client regardless of a contract and treats you as such. The realtors obligation to you differs between client and customer to the extent of them acting as your sole partner and making sure you have all the information required as a new home buyer where if you're a customer, there only real obligation is honesty. Wouldn't you expect that regardless? Of course you would and should. Once you've found the home, sign the contract as a matter of standard business practice with your realtor. If you've gotten to that point and have a home in mind, you really should know all you need to about the realtor and be more than comfortable doing so. That's what we've got for you today so think about the great deals that are available both with mortgage's and real estate today. It's most certainly a buyers market and quite possibly, time for you to own your own home. Please call Scott @ 603-396-1841 or Rob @603-370-0711 if you have questions or would like a free consult regarding either mortgages or real estate. If you'd like to speak with our good friend Mary who I mentioned above, call her at 603-759-3931 and let her prove to you why she's one of the best in N.H. Have a great Thanksgiving and we'll be back in a few days with more info on navigating the everchanging market and any changes you need to be aware of. Thanks for stopping by our little slice of the web!

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