Buying Your First Home in Charming Old Denver? Here's How!
Select a Real Estate Agent
Once you’re serious about buying a home, find a real estate agent. While cruising Open Houses may be a fun way to spend a Sunday afternoon, it is an incredibly inefficient method of finding the right home for you. A real estate agent has access to nearly all the homes for sale and can sort through all the data to find what you’re looking for. And, in most cases, our services are FREE to buyers (we’re paid by the listing agent for helping sell the home).
HOW TO FIND THE RIGHT REAL ESTATE AGENT FOR YOU
In our area, there are thousands of real estate agents, so the choice is truly yours. Referrals from friends are a great way to find an agent; probably one of the best. Open houses are also good places to informally interview real estate agents. It’s important that you have a good rapport with your agent, so make sure you can envision spending time with this person. (Househunting can be a very emotional experience!). The real estate agent you choose should be enthusiastic about working with you, and should be familiar with the neighborhoods you are interested in.
A Buyer Agent contractually agrees to be an advocate for the buyer, to advise, to disclose all material information related to the property, to be reasonably available to the client to show homes and handle other matters, to disclose any confidential information learned about the seller or property and to keep ANY information shared by their client confidential (with a few exceptions).
Once you have established that you and the agent work together well, it is usually a good idea to sign an Exclusive Buyer Agency Agreement.
Because house hunting and home buying is hard work, and it’s just common sense that your real estate agent will make a stronger commitment to you if you have made a commitment to him or her.
Click Here to download the rest of the First Time Buyer Guide!