DISQUS

Ron · 1 year ago

One thing I would add, and it's very difficult to do, but try to take emotion out of the buying process and especially the negotiation process. Emotions can cause you to pay too much and make a decision that you'll later regret.

msoori · 1 year ago

All good points. I would also add the following.

Check out Google or Yahoo maps to research the area before actually visiting, so you can have a good idea about the area, saving you and your agent time. You might not want to buy a home in a heavily industrialized area.

An agent should care much about you negotiating as it doesn't really affect the bottom line that much. Agent doesn't necessarily get a 3% commission. Its usually much less because the agent has to split that commission with his brokerage company, anywhere from 50%-100% with 60-40 more common.

Agent representing Buyer and Seller is called Dual Agency and is not very common, as it poses many conflict of interest issues. If that happens both the buyer and the seller must agree to it. Checkout this article for details http://xmplary.blogspot.com/2008/06/who-are-you...

msoori · 1 year ago

Meant to say "An agent shouldn't care much about you negotiating" Its certainly a buyers market and its now the time to negotiate.

Richard · 1 year ago

Gee...I haven't heard all that before.

leslie · 10 months ago

Before i bought my house, i went to zillow.com they had all they info on the neighborhood, and how much the house should cost.