Filipino American Real Estate Professional Laguna Ridge Village Elk Grove, CA

Posted in Best Filipino REALTOR In California on June 26, 2017
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As a prerequisite to selling real estate, a person must be licensed by the state in which they work, either as an agent/salesperson or as a broker. Before a license is issued, minimum standards for education, examinations and experience, which are determined on a state by state basis, must be met. After receiving a real estate license, most filipino agents go on to join their local board or association of REALTORS® and the NATIONAL ASSOCIATION OF REALTORS®, the world's largest professional trade association. They can then call themselves REALTORS® in Laguna Ridge Village Elk Grove, CA.

How to Choose the Best Filipino REALTOR® in Laguna Ridge Village Elk Grove, CA?

Realtors

Using a Filipino American Agent and the Obligations that are Owed to You
An agent is bound by certain legal obligations. Traditionally, these common-law obligations are to: Put the client's interests above anyone else's; Keep the client's information confidential; Obey the client's lawful instructions; Report to the client anything that would be useful; and Account to the client for any money involved.

It is easy to get a List of Elk Grove Realtors by searching online. A simple search with the keyword, “Realtors in Laguna Ridge Village Elk Grove, CA” will produce multiple results giving you a list of Brokers, Realtors, and Real Estate Agents.

A REALTOR® in Laguna Ridge Village Elk Grove, CA is held to an even higher standard of conduct under the NAR’s Code of Ethics. In recent years, state laws have been passed setting up various duties for different types of agents. As you start working with a REALTOR®, ask for a clear explanation of your state's current regulations, so that you will know where you stand on these important matters.

How to Evaluate an Agent
In making your decision to work with an agent, there are certain questions you should ask when evaluating a potential Elk Grove Agent. The first question you should ask is whether the agent is a REALTOR®.

Buy Real Estate

As a consumer, you end up registering on various real estate search sites and getting tons of emails and reports . You may find yourself asking, how can I know which Realtor to work with and help me navigate through the home buying process in [post-name]? The following are some tips we suggest:

1. You want to see a house when you want to see houses. Agents who are solo may say to you, “I’m not available. How about next week?” Find a Realtor that will be available to accommodate your schedule with reasonable notice.

2. Local Market Knowledge. During your first conversation with the agent, ask questions about neighborhoods, schools, trains and other commuting info, specifics that you are interested in knowing about. You’ll know in 2 seconds whether the agent you are speaking with is the local market expert and can help you with all of your options.

3. What are you looking for in a Realtor? Find Realtors who will be your advocates. Their job is to help you get what you want. Real estate agents are your consultants, your strategists, and your advisors. They should tell you the truth and will always provide you with enough information so that you can make an informed decision about your home purchase.

4. More Tips. Ask the Realtor you are interviewing how proactive they will be in finding you a home. For example, find out if they have a marketing staff that has the resources to find homes for buyers before they hit the market. See if they take a pro-active approach instead of just waiting for new listings to appear in the MLS.

You need to trust a Realtor in Laguna Ridge Village Elk Grove, CA who will do everything possible to get the word out and fight for your best interests. Good work experience, a web presence, and a great network should be standard. With sites such as Zillow.com where you can easily find properties for sale and check out their estimated values and the agent’s own network, it’s easier than ever before to sell your property. The listing agent’s main responsibility is to get the word out and show the house.

What Does A Real Estate Agent Do For The Buyer?

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These days it can be quite difficult to sell a Lakewood Ranch home. The real estate market has gone down so quickly that houses are selling for significantly less than they were just a couple of years ago.

For example, houses on our block in Lakewood Ranch are selling for $100,000 dollars less than they were just two years ago.

This makes selling a home in Lakewood Ranch a real challenge.

And, this makes finding the right Lakewood Ranch realtor that much more important.

Unfortunately, many people make crucial mistakes when choosing their realtor...mistakes that can end up costing thousands of dollars...sometimes tens of thousands of dollars.

Here are 7 tips for choosing a Lakewood Ranch Realtor. Tips that will not only help you sell your house, but also save you money!

1. It's business, it's not personal - Don't choose a realtor just because she is your friend. That doesn't mean you can't choose a friend to be your realtor...it just means that shouldn't be the reason you chose her. Choosing a friend to be your realtor can be a huge mistake for two reasons. First of all, just because the person is a good friend doesn't mean the person is a good realtor. This leads to the second problem, which is your friendship will most likely end.

7. Will your realtor cut their commission? This is important! Most brokers will NOT allow their real estate agents to cut their commission. And, even if they do, most realtors are not willing to do so. This is a huge mistake on their part. A typical real estate commission has the seller paying 6% of the sale price (3% to the selling agent and 3% to the buying agent). However, there is absolutely no reason why YOUR agent (the selling agent) should not cut their commission. Just think of the amount of money you can save if your real estate agent only charges you a 1.5% commission. You can literally save thousands of dollars. For example, a Lakewood Ranch house that sells for $500,000 would typically have to pay $30,000 in commissions ($15,000 for each agent). Now, if YOUR agent cuts her commission in half, you just saved yourself $7,500! Again, most brokers will not allow their agents to do this so you MUST ask. If they are unwilling to do so then continue your search for another Lakewood Ranch realtor who is willing to cut her commission.

How To Find A Realtor To Sell Your Home in California?

Buying A Home

Who Are They

Real estate agents are professionals instrumental in connecting the buyer with the seller. Additionally, many real estate agents manage rentals wherein they introduce tenants to landlords and oversee the maintenance of the property on behalf of the landlords. In most areas real estate agents are required to be highly educated, licensed and are regulated by a governing body. Some real estate agents are also Realtors.

To use the title Realtor, a real estate agent must be a member of the National Association of Realtors which in addition to a number of other requirements, requires Realtors to adhere to a strict code of ethics and offers Realtors additional educational and designation opportunities. Though not required by rule or law, it might be a wise decision to seek the services of a Realtor.

What Do They Do

Real estate agents bring together two or more interested parties, perform those steps necessary to successfully conclude a transaction and charge a commission for their services. For sales transactions, they charge commission to the seller while for rentals, commission is typically charged the landlord. Real estate agents generally calculate their fee as a percentage of the selling price (in the case of a sale) and as part of the rent for rental units.

How Do They Do It

People who want to sell or rent their property leave details of their property with the real estate agent. Along with all property details the real estate agent will typically have keys to the house to facilitate showings. The other interested party (i.e. the buyer/tenant), gets access to this information and to the property by contacting the real estate agent. That's how the real estate agent becomes a hub of information. Contrary to some common misconceptions, real estate agents typically represent the seller or the buyer but rarely both.

Why Should I Use One

First and foremost, to protect yourself. Real estate transactions are highly regulated, highly paper (document) intensive transactions. The real estate agent possesses an in depth knowledge of the laws, rules, regulations, disclosures and documentation necessary to successfully complete the transaction to the satisfaction of the buyer, the seller and the law.

Because real estate agents are most familiar with local real estate market conditions, it is wise and makes sense to seek the advice of one to get an idea of the current trends and pricing for properties within that market. A good real estate agent will know the prices (or price range) of various properties of different types and at various locations within the region.

Because of the real estate agent's knowledge and expertise, property sellers often get a few thousand dollars more for their property.

Many home seekers, including seasoned real estate investors use the services of real estate agents to locate the best real estate bargains in the easiest and quickest manner.

Furthermore, the best agents analyze the wants and needs of a home buyer/tenant and provide valuable input as to the kinds of properties available to them within their budget. Therefore, a good real estate agent will not just present a list of available properties to the buyer/tenant but will actually discuss their needs and make suggestions.

The good real estate agent, working in this manner benefits in at least two ways... First and most obviously, when the real estate agent is able to successfully complete the transaction the commission is earned and the real estate agent is paid... and secondly, if they make the customer/client happy they earn a good reputation and often receive referrals (hence more business).

Worth Noting

It is worth noting that there is a myth floating around that real estate agents only work on behalf of the seller, buyer beware. This is not written in stone nor is it always the case. Real estate agents are, in most regions, highly regulated. With few exceptions, real estate agents work either for the seller (as is the case with many listing agents) or for the buyer (as is the case for a buyer's agent).

Additionally, some areas allow for dual agency where an agent can work for both the seller and the buyer or as a transaction broker where the agent represents the transaction itself and neither the seller nor buyer individually. However, in the case of dual agency/transaction brokerage, note that rule, regulation (law) and ethics do not permit the agent to act in favor of either party while in detriment to the other. If you are unsure of the relationship between you and your real estate agent, do not hesitate to ask.


Best Filipino REALTOR In California

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