Do you really need to use an agent to buy or sell real estate? The answer is no, but you should. Here are just a few reasons why: The information contained herein (including but not limited to any description of TowneBank Mortgage, its affiliates and its lending programs and products, eligibility criteria, interest rates, fees, and all other loan terms) is subject to change without notice. This is not a commitment to lend.
< Go Back
FAQs
Why should you always use a real estate agent? ›
Real estate agents can help price your home to sell.
A real estate agent has a more fact-based process that involves pulling comparable recent home sales within a specified radius and reviewing your home against these to determine a fair asking price.
A knowledgeable real estate agent will know what's required in your market, helping you avoid delays and costly mistakes. Also, there's a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language. Offer objective information and opinions.
What are the three most important words in real estate? ›To achieve those goals, the three most important words in real estate are not Location, Location, Location, but Price, Condition, Availability.
What is the most asked question to real estate agent? ›- What's the initial step in purchasing a home? ...
- What are my options if my offer is turned down? ...
- How does my agent get paid when buying a house? ...
- What if I sell my home but I'm not able to find a new one to buy? ...
- Home prices are going down.
- An Understanding of the Local Housing Market.
- Attention to Detail. ...
- An Engaging Personality. ...
- An Interest in Houses and Architecture. ...
- Hustle and Tenacity. ...
- Honesty and Integrity. ...
- An Entrepreneurial Spirit. ...
- A Problem-Solver Mindset. ...
Agents can get broader exposure for your property, help you negotiate a better deal, and dedicate time to your sale. An agent brings expertise, which few FSBO sellers have, to a complex transaction with many potential financial and legal pitfalls.
What are the 4 C's in real estate? ›Standards may differ from lender to lender, but there are four core components — the four C's — that lenders will evaluate in determining whether they will make a loan: capacity, capital, collateral and credit.
What are the 5 golden rules of real estate? ›If you follow these 5 Golden Rules for Property investing i.e. Buy from motivated sellers; Buy in an area of strong rental demand; Buy for positive cash-flow; Buy for the long-term; Always have a cash buffer. You will minimise the risk of property investing and maximise your returns.
What is the toughest thing about being a real estate agent? ›One of the hardest things about being a real estate agent is smoothing your income so that it is consistent throughout the year. This requires discipline and rigorous budgeting. Some agents take second jobs.
Why real estate interview answers? ›Sample Answer: I want to become a Realtor because I love helping people find a place to call home. I want to help them find the right property and negotiate the best deal for them. I want to help them make their dreams come true.
How do you stand out as a real estate agent? ›
- Enhance The Client Experience. ...
- Be Professional When Approaching Prospects. ...
- Find Your Speciality & Excel At It. ...
- Build A Formidable Online Presence. ...
- Get On Google My Business. ...
- Invest In Branding. ...
- Build Your Network And Connections. ...
- Sponsor Local Events.
- Pro #1. Achieving Freedom. ...
- Pro #2. Feeling Responsible. ...
- Pro #3. Being Respected. ...
- Pro #4. Excitement. ...
- Con #1. Having Nothing to Do. ...
- Con #2. Doing the Wrong Things. ...
- Con #3. Weird Working Hours. ...
- Con #4. Irregular Income.
Agents with knowledge are proactive. The right realtor will help you identify the right way to market your property based on your budget. Instead of waiting for you to find properties, a good agent will search ideal properties for you. They will then communicate the details with you for further consideration.
What are the pros and cons of selling your own home? ›- Pro: Lower Commission Fees ...
- Con: No Pricing Strategy ...
- Pro: More Control Over the Sale ...
- Con: A Biased Opinion ...
- Pro: Insider Knowledge ...
- Con: Inaccessibility to Marketing Channels ...
- Pro: Full Dedication to Selling Your Home ...
- Con: Lack of Real Estate Knowledge
I love getting to know each individual; I love building rapport with each individual; I love earning the trust of each individual. I can look back and see how previous experiences in my life have helped to instill in me a desire and an ability to connect with people from many different walks of life.