Real Estate When Agents Close the Deal

Written by Lawyer lifestyle on . Posted in Estate planning, Legal separation law, Property

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Real estate. The words conjures up the glorious and wonderful houses that are seen in the major streets in America. The venerable streets. The streets where the rich and the famous congregate and celebrate their wealth. These are the streets that the words ‘real estate’ conjure up. But it can mean so much more.

There are Americans that are thinking of buying a house. And Americans are thinking about selling houses as well. They need to be paired. The buyers need to know what houses are for sale, and they need to see these houses. The sellers need to find buyers, and it’s a little more complicated than putting an ad on Craigslist.

What are these Americans to do? Are they supposed to go out on their own and find these houses via those little picket signs? Are they supposed to search online without a guide? Are the Americans that are selling supposed to put that ad on Craigslist in the hopes that they find a buyer? What are they to do?

That’s where the real estate agent comes into play.

There are many real estate agents. Some are more successful than others. It’s a cutthroat business that thrives off commission. 2% of each sale. 5% of each sale. A real estate agent earns their money when they sell a property. They thrive off the sale and work to make connections. They pair sellers and buyers.

There are many considerations that go into buying a house, or even into thinking about buying a house. Does the person have the annual income necessary to buy a house and sustain mortgage payments? What is their credit score and can they secure a loan from the bank? What is the interest they can get on the loan?

All of these go into the consideration of buying a house. A potential house buyer must ask themselves these questions. A certain income level doesn’t necessarily mean a house is affordable. They must have a consistent income, have shown it for a number of months, preferably over a year. They must have a good credit history.

A good credit history means no outstanding balances. No debts to be repaid. A solid credit score, a good credit score if possible, and a great credit score to ensure that they get the best possible interest rate on the loan. These are all considerations. And at that point it comes down to the type of house. How many bedrooms. How many baths.

The seller has similar questions. They want to find a buyer that has the money to pay for the mortgage. They may go through potential buyer after buyer in the hopes that one can match the price the homeowner is selling at. They need help, as does the potential buyer. All these questions can be smoothed out, ironed out, with the help of a real estate agent.

A real estate agent pairs buyers and sellers together to make a sale. They work with the seller to make sure that the house is attractive for potential buyers, that those cabinets are fixed, that the house is painted, that the floors are not scratched, that the lawn has been done well. The real estate agent knows what sells a house. It’s more than the price.

When the real estate agent finds a house they like and they know the owner and have worked with the owner, the real estate agent will find potential buyers. They will show an open house. They will get people to come in and look at the house and think about buying it. Conversation is key. The real estate will talk, to the buyer, to the seller.

This is real estate help. A buyer can use real estate help, as can a seller use real estate help. They are both in need of real estate help, as the issues they face are sometimes wrought by inexperience. This can lead to mistakes, which real estate help can fix. This comes in the form of a real estate agent. They know how to arrange a deal.

There are terms here that are important. There is the real estate attorney, who handles legal matters. There are real estate attorneys, as part of a firm. There are trusts and wills.

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