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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Are you wondering what to ask a buyer's agent before hiring them? Buyer agents play a crucial role in real estate transactions. Understanding the difference between buyer and seller's agents and how buyer's agents are compensated is essential. You may likely be asked to sign a buyer's agency agreement.

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Thinking About a Rent-to-Own House? Here’s What You Need to Know

HomeLight

We’ve researched the ins and outs of rent-to-own homes , as well as talking to experienced real estate agents about how a renter and landlord can enter into such an agreement, the pros and cons of doing so, and just what it means for you as a buyer if you decide to rent-to-own. Lease-option agreements.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

There’s a house for sale that you want to buy. In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. The appraisal is lower than the purchase price.

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Handle Escalation Clauses With Care: 5 Tips for Sellers Negotiating Multiple Offers

HomeLight

Your real estate agent has been forwarding you offers on your home all day. Why do some offers have one price on the purchase agreement and another price on the escalation addendum? An offer your friend submits to escalate the purchase price doesn’t qualify. The buyer will generally specify a maximum purchase price.

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Key Differences Between Creative and Traditional Real Estate Investing

Realty Biz

It’s about working with a professional agent to narrow your search and help you navigate through the purchase process. It also requires qualifying for a bank loan based on passing a set of rigid qualification standards. It means proving you are pre-qualified for a loan before you know what house you might buy.

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42 Steps to Homeownership: The Resourceful Buyer’s Go-To Guide

HomeLight

We’ve rounded up expert advice from all across our Buyer Resource Center and enlisted the help of top Massachusetts agent Rosemary Mancuso to walk us through what first-time buyers need to buy a house. Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. HomeLight to the rescue! Start here.

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Why You Still Need an Agent to Buy a New House

HomeLight

These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. In this article: The value of a real estate agent in buying new construction.

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