What does a real estate agent do?
Should you decide to work with a real estate agent from the start you should expect them to:
* Determine how much house you can afford including a down payment.
* Help you calculate your monthly payment.
* Explain the different types of financing that are available to you.
* Help you find the right house which meets your needs.
* Arrange for appointments for you to view several homes.
* Assist in helping you make an offer and negotiate the deal.
* Prepare the sales agreement and handle the close.
Most will want you to enter into an exclusive Buyer’s Agent agreement which specifies the term of representation, commission structure, and duties. You can usually switch agents at a later time if you’re not satisfied with their performance. You may also elect to choose one from the Internet or do your own house-hunting or research online.
