Grandview Lending Blog: Building a Good Relationship with Your ...

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Building a Good Relationship with Your Realtor

Are you on the market for a new home? If so, you?ll probably work with a realtor during the home-buying process.?

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According to the National Association of Realtors, 79% of homebuyers use a real estate agent when buying a home. And there are good reasons why a high percentage of people use a realtor. A knowledgeable real estate agent can save you time since he/she has access to more resources than you do in finding available properties that meet your specific criteria. Plus, an experienced realtor can help you negotiate various factors during the buying and mortgage process.??
But you need to start the relationship with the right mindset. Because if you don?t treat your realtor with respect and professionalism, you run the risk of:

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• Delaying the buying process.
• Losing out on buying the right home at a great price.
• Having your agent drop you as a client. ?????

Here are some tips to consider when building a relationship with your realtor:1.??? Commit to working with one agent. A real estate agent devotes a considerable amount of time and money working to find your dream home ? searching listings, scheduling home viewings, and taking you to see homes. The last thing an agent wants is for you to be working with other realtors. Show your agent some common courtesy and loyalty by working exclusively with him/her.
2.??? Get preapproved for a mortgage first. It can be a huge waste of everyone?s time (you, your agent, the selling agent and the home seller) to look at homes out of your price range. Therefore, show your realtor some respect by finding out what you can afford before you start your search.
3.??? Keep the lines of communication open by being honest with your agent. Don?t lie to him/her about your finances, your credit score, or if the home will be a vacation or rental property. Your agent wants to work with you and can help you find a solution if you?re just truthful.
4.??? Remember you?re on the same team. Your agent is looking out for your best interest. So provide him/her with all of the information he/she needs to help you find your dream home. In return, your realtor can guide you through the whole home buying process, including: looking at homes, choosing a home, negotiating on your behalf, handling the paperwork, helping you find a qualified home inspector and/or lender, and making sure the closing goes smoothly.
By following these guidelines, you?re on your way to building a successful relationship with your real estate agent ? one which results in finding the home of your dreams.
When you?re ready to find a mortgage loan, contact a reputable mortgage broker, like Grandview Lending. We can take the confusion out of the lending process and provide you with the help you need.

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