Expert Realtors - Dallas Builder Associations Realtor of the Year

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YOUR HOME FREE

Taking Charge When Buying a Home – Selling and Buying a Home at the Same Time

Buying a Home

Why Use a REALTOR® When Buying a Home?

A DFW real estate agent can help you understand everything you need to know about the home buying process as well as the challenge of buying and selling a home at the same time.

Not all real estate licensees are the same; only those who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR “®” trademark on their business cards and other marketing and sales literature.

REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict Code of Ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reported that 84% of home buyers would use the same REALTOR® again.

Real estate transactions involve one of the biggest financial investments of most people’s lifetime. Transactions today usually exceed $250,000. If you had a $250,000 income tax problem, would you attempt to deal with it without the help of a certified professional accountant? If you had a $250,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be wise to work with a professional REALTOR® when you are buying a home.

If you’re still not convinced of the value of a REALTOR®, here are more reasons to use one:

  • Your REALTOR® can help you determine your buying power – that is, your financial reserves plus your borrowing capacity. If you give a REALTOR® some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you. Most lenders – banks and mortgage companies – offer limited choices.
  • Your REALTOR® has many resources to assist you in your home search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.
  • Your REALTOR® can assist you in the selection process by providing objective information about each property. Agents who are REALTORS® have access to a variety of informational resources. REALTORS® can provide local community information on utilities, zoning, schools, etc. There are two things you’ll want to know: First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
  • Your REALTOR® can help you with negotiations and inspections. There are many negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or appliances. The purchase agreement should allow time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
  • Your REALTOR® provides due diligence during the property evaluation. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your REALTOR® can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the property title. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your REALTOR®, title search company or attorney can help you resolve issues that might cause problems at a later date.
  • Your REALTOR® can help you understand different financing options and identify qualified lenders.

 

Your REALTOR® can guide you through the closing process and make sure everything flows together smoothly.

What People Are Saying

  • We bought our house in January 2021 and Tara McClendon @ Team Nelson was the our realtor. We were nervous with the whole house buying process in this crazy market. We had a budget to stick to and a pretty specific check list. Tara helped us find the perfect house that checked off most of our boxes and even some bonuses that we were not expecting to get. She was amazing at her response time anytime we had a question or wanted to see a house. Also, she is truly a master negotiator! Not only did she stay within our budget but she somehow negotiated the final price with the seller less than what we offered! Who does that?! Tara does! She was very professional but so down to earth at the same time. Her support team was awesome as well. We couldn’t be happier with our amazing realtor, Tara @ Team Nelson!

    brenda tugwell Avatar
    brenda tugwell
    5/24/2021

    Highly recommend Kevin Engelbrecht with Team Nelson. Kevin is a true professional and you will save thousands of dollars using Team Nelson if you are buying and selling a home.

    Lindy Avatar
    Lindy
    9/06/2020

    Bill and the entire team at Your Home Free are all very professional and friendly. Offering excellent customer service and timely responses. We have utilized this team on 2 separate occasions - selling our home within days of listing.

    Teresa Kennedy Avatar
    Teresa Kennedy
    9/10/2020
  • Team Nelson helped us find our dream home and I couldn’t speak higher about the people on their team! From start to finish, we felt completely in the loop throughout our journey to find our home. Any and all questions we had along the way were promptly answered and they truly made us feel taken care of. If your looking for a team of individuals who are caring, professional, and genuinely care about you, look no further and go with Team Nelson!

    richie quez Avatar
    richie quez
    5/19/2021

    Bill's team did an amazing job making the selling and buy process easy for me. Anyone looking to buy or sell should definitely use the Bill Nelson Group!!!

    ht103084 Avatar
    ht103084
    2/10/2021

    The entire team was efficient, knowledgeable, caring, and responsive!!! From the initial meeting, suggestions and expectations were realistic. Photos, follow-up, contracts - they had all areas covered.

    AdrienneBrown28 Avatar
    AdrienneBrown28
    7/15/2021