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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:

    1. 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.

 

    1. 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.

 

    1. 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?

 

    1. 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.

 

    1. 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.

 

    1. 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

  • Ebby Halliday Realtors wanted to list my house for $ 390,000 and charge me a 6% commission. I listed my home with Bill Nelson for $ 425,000 and he sold it for 430,000. and charged $ 0 commission. You cannot beat a deal like this !!

    steve scobee Avatar
    steve scobee
    12/11/2018

    Tara Gleason is the ABSOLUTE best! Her level of expertise as a realtor is unmatched. Tara is thorough, patient, available and willing to assist her clients. We never felt alone or lost during the process as Tara was with us every step of the way. We were truly fortunate to have her as our realtor.

    Lynn McBride Avatar
    Lynn McBride
    5/13/2018

    Kevin and the Nelson Team were absolutely professional, available, and attentive, and made the process totally predictable. I would highly recommend and would use them in the future.

    aglushko 02 Avatar
    aglushko 02
    2/23/2019
  • Bill and his team were great to work with and I encourage anyone looking to buy and sell to give them a call. They are extremely knowledgeable in all things real estate and get the job done right. Bill was always very responsive to any questions we had in the buy and sell process. I couldn't have...

    rhino 262001 Avatar
    rhino 262001
    3/11/2016

    Everyone we’ve dealt with at Team Nelson has absolutely gone above and beyond what we would have expected from any realtor. They helped us get our house sold quickly and painlessly for the price we wanted. When we didn’t move forward with the build we intended to and had ongoing issues with the builders even after the fact Bill and Tara have still been in close contact with us trying to make sure we’re still taken care of. They genuinely care about making sure their clients are happy. We appreciate everything they’ve done and would 100% recommend them to anyone.

    Jamie Brunz Avatar
    Jamie Brunz
    1/11/2019

    Ray was fantastic. He cares about you and the sell of your house. He gave us pointers to make our house show good for potential buyers. He is a good listener and readily available. The video that was done was of excellent quality. Kelley knocked everything out of the park. She kept us level headed when issues arose. She negotiate with the buyers agent a great deal where we could remain in our home until the new one was complete. She did an awesome job. I would recommend the Nelson team to anyone looking to sell their home.We had a great experience.Iris and Carvin Hendricks

    Iris Hendricks Avatar
    Iris Hendricks
    8/11/2019
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