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 Michele Burton

 REALTOR®

STEPS TO A SUCCESSFUL HOME PURCHASE...

Choose the right agent

Choosing the right agent can mean the difference between getting the home you really want and getting the home no one else wants.

Start your search by interviewing the agent that you are considering working with. Choosing an agent is a personal decision.  The home buying process can, at times, be very stressful. You will want to make sure that you feel comfortable with your agent and confident in his/her abilities.  Some common questions you might want to ask during the interview stage are:

1. Are you a full time real estate agent?
(If they have another job, will it interfere with their ability to help you when you need them? Will you have their full attention?)

2. Are you a REALTOR?
(Did you know that not all real estate licensees are REALTORS? REALTORS are voluntary members of the National Association of REALTORS trade group and abide by their strict code of ethics.)

3. How many years of experience do you have?
(In some careers there is no substitute for experience and the real estate industry is no exception. First time buyer's will want to work with an agent with a least one full year of experience.)

4. How many buyer's do you work with at one time?
(You will want an agent who can give you as much time as you need. You will want to be a priority. The only way that can happen is if the agent limits the number of clients he/she works with at one time.)

5. Who will you represent in my transaction?
(This one is important! Representation should always be discussed during the first significant meeting with the agent.)

Representation

Whether you are a buyer or a seller, it is crucial to understand who represents whom in a real estate transaction. In Wisconsin, an agent can represent either seller or buyer as a single agent, or both buyer and seller (with written consent from both parties) as a dual agent. 

1. Buyer's agent:
A real estate agent who exclusively represents the buyer's interests in a transaction and whose commission is paid either by the buyer or through the seller or listing broker at closing. You may choose to work with a buyer's agent, who agrees in writing to represent only you. Be sure to clarify who your agent is representing in the transaction before you divulge important information.

2. Seller's agent:
Be aware that  "your" agent may legally be a subagent of the seller and you do not have client representation from your agent unless you sign a buyer's agency contract.

Let me help you find a home!