When buying a home, many buyers just jump into looking at home and fail to understand the home buying process and the intricate pieces involved. When buying a home being prepared and understanding the process are key to making the home buying process a smooth one.
Deadly Pitfall 1- Not Understanding Agency- Real Estate Agency is a misunderstood topic by many and can create many problems. Basically, agency is, how a real estate agent works for you and treats you in a transaction. One mistake many buyers make, is buying a home at an open house directly from the listing agent. The listing agent or sellers agent, owes the seller fiduciary responsibility..... their job is to secure the highest and best offer possible on the property... their duty is to the seller, not you the home buyer. A Buyer's agent in most cases are free and represents the home buyer in the transaction. The Buyers Agents duty is to secure the right property for the right price for the buyer.
The post 10 Deadly Home Buying Pitfalls was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at email@example.com or call 978-360-0422.
I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.
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