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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

  • My husband and I were relocating to Colorado and were very unfamiliar with Denver. We're thrilled we got in touch with Zac because he made the process the easiest it could ever possibly be. We've purchased 2 homes in California before, and this was the easiest process. He was amazing with learning what we were looking for in a home, visiting the homes and sending us video walk-through tours while we were still out of town, and helped us find & close on the home of our dreams! Throughout the process, he was extremely responsive & easy to get ahold of, thoroughly answered all of our questions, and provided us great advice. The rest of his team that help with all the escrow and closing logistics were equally as helpful. On top of it all, they are just good, friendly people that are a pleasure to work with. I highly recommend them!!

    Devon Gardner Avatar
    Devon Gardner
    8/11/2019

    Bill Nelson and his Team sold our home in ONE WEEK! This was our first time in selling a home so we were a bit nervous. Bill had a professional photographer take photos for our listing. He wrote an excellent description of our home for the people viewing our property. We had multiple offers. We...

    palkotx Avatar
    palkotx
    10/03/2015

    Bill and his team were the best team I have ever had to deal with in the selling of one of my homes, True professional, Casey did a great job of keeping me informed all thru the process it did not matter if it was 7:00 in the morning or 10:00 at night she responded to my needs immediately. This...

    Doug Fechner Avatar
    Doug Fechner
    6/01/2015
  • The Nelson Team was GREAT !!!! They sold our house in less than 24 hours. The first offer did not work as the buyer chose a different house but the second offer was even better. It saved us over $2000. We are loving our new house.

    user1375608 Avatar
    user1375608
    6/11/2015

    Worked extremely fast and helpful! Always kept in contact and upto date on info! Kelly always let us know what was being said between her and the other realtor and helped us out in all our questions! Absolutely loved her!

    user0418467 Avatar
    user0418467
    11/25/2015

    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
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