The Role of a Real Estate Agent in the Buying Process

1. Prepare for Financing:

   Help buyers prepare by speaking with a lender and obtaining mortgage preapproval before beginning their home search.

2. Understand the buying Process:

   Help buyers understand the steps involved in purchasing a home and work alongside their lender, tite company, inspector, and other professionals throughout the transaction.

3. Search for Homes:

   Provide current property listings based on the buyer's needs, preferences, location, and budget.

4. Schedule showings:

   Arrange property showings and accompany buyers as they tour homes.

5. Evaluate Properties:

   Help buyers consider property features, market conditions, comparable properties, and other factors that may affect their decision.

6. Review Comparable Sales:

   Prepare a comparative market analysis (CMA), when appropriate, to help buyers evaluate an offer price.

7. Prepare an Offer:

   Prepare and submit the buyer's offer with the appropriate terms, contingencies, and timelines.

8. Negotiate:

   Represent the buyer during negotiations involving price, repairs, closing costs, and other terms of the transaction.

9. Manage the Transaction:

   Help coordinate important deadlines and communicate with the buyer, seller's agent, lender, title company, inspector, and other parties involved.

10. Prepare for Closing:

    Help the buyer stay on track through the final walkthrough and closing process and address transaction-related questions along the way.

    
    

    A real estate agent helps guide buyers through the home-buying process, providing professional guidance, representation, and support from the initial home search through closing.

Joan Correll, REALTOR®

LPT Realty