Not All Real Estate Agents Are Created Equal!: 5 Challenges Where Some Prove Their Worth!

Although there are more than a million real estate agents in the United States, only a small fraction of them consistently demonstrate the combination of empathy, integrity, attitude, and skills that make them stand out from the crowd. crew! After more than 15 years as a licensed real estate seller in New York State, I have met some of the best, as well as many of the rest. Generally, one is best represented when he chooses a person who will serve and represent his best interests (whether he is buying or selling), knows and understands when he needs to interfere and when he should. , Move out of the way! Since all these people are not. Created equal, in terms of their value, this article will attempt, briefly, to consider, examine, revise, and discuss, 5 challenges that need the highest quality representation to achieve the most desirable results.

one. REO/ Asset Company/ Foreclosure Transactions: For a variety of reasons, banks, lenders, finance companies/mortgage companies, etc. decide to foreclose on a particular home and/or property. However, the details of how this proceeds, the specific protections and guidelines, etc., often differ from state to state. Although, if/when, one proceeds, carefully and uses professionals, prepared for the complexities of this type of transaction, etc., there is often a change, for an excellent purchase opportunity, but the prospective buyer must be informed. , and fully understand the risks, differences, etc., of doing so, as well as the opportunities! While some agents will be unprepared and therefore scared and worried by these procedural changes, etc., a true quality agent proves and proves their value by working cooperatively and effectively with a team that must include, the right lawyer, and the mortgage banker, etc.

two. Demand Vendors: Sometimes a desirable quote becomes stressful, because the seller is demanding, in one of several ways. It may be that they don’t provide enough access for presentations, insist on an unrealistic price (and are inflexible), or refuse to listen to advice on essentials such as staging: tips/ideas, curb appeal. , etc. It could also become a challenge because, for example, the house is co-owned by a married or divorced couple, an asset company, etc.

3. Unrealistic Buyers: Some buyers seem to be looking for a house that they can’t afford or that usually doesn’t exist! It is essential for the agent to pre-qualify their clients/clients in advance, so that the search can be useful and viable. It’s also important to have a discussion, in advance, to clarify what you’re looking for and priorities (differences, between your wish list and essential)! Effective real estate professionals, have the confidence to tell clients what they need to know, and not just what they want to hear, so everyone proceeds, efficiently, on the same page!

Four. Lawyers, who get, along the way: The right real estate attorney is invaluable, but the wrong one can, blow the deal, getting in the way! One must emphasize, with their clients, the importance of using an attorney who specializes in real estate and understands the possibilities, the nuances, etc! However, there is always the possibility that the other attorney will cause additional and unnecessary challenges, and this is another reason why it is very important that your client selects the right person, as their attorney!

5. Financing challenges: Before looking, a purchasing agent should require that their client be, at a minimum, pre-qualified, or better yet, pre-approved! These financial challenges include credit problems, capital reserves, low pay, specific loan conditions, etc. While an agent should not go beyond her personal experience, he should act as a source to locate some of the necessary ingredients, etc., to make the overall experience more positive.

Since not all agents are the same, it makes sense to choose someone who has the best mix of assets, etc., which could make a difference for the better. This transaction period is often stressful, but hiring the right person can make all the difference in the world.