Thinking of Buying a Home on Your Own? This is called self-representation, where there is no REALTOR® involved on one side of the transaction. The homebuyer or home seller is choosing to represent themselves throughout the transaction process. There are a few major pain points to self-representation. With self representation, it can be easy for […]
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Did You Know The Same Real Estate Agent Can Represent Both Parties in a Transaction? In Arizona, it’s legal for a real estate broker/agent to act as a dual agent, which means they will represent both the seller and the buyer in the same home transaction. Here’s how a dual agency deal works: both the seller […]
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What Are Fiduciary Responsibilities and How Do They Relate to The Home Buying Process? We can explain! When purchasing a new home, it’s typical to hire a real estate agent who can provide representation and counsel with fiduciary responsibility to you throughout the home buying process. Fiduciary responsibility means that your agent acts as a […]
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Is Anyone Representing You During the Home Buyer Process? Having the right representation is essential when you are trying to buy a home. For most prospective home buyers, the process becomes much easier with a great real estate agent on your side. To begin the process, your agent will be able to walk you through […]
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The end goal of a property transaction is for both the buyer and seller to come together and say yes to both the price and terms of an offer. It’s very uncommon for either party to be completely satisfied or feel like they’ve achieved the perfect deal, because such a thing does not exist! There […]
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Avoid the trap of mind games during the negotiation stage. At the end of the day, this is a business transaction, and the seller’s main motive is simply to sell their home at the best price. The negotiation stage reveals the true current market value for the property you want based on the demand. Avoid […]
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The market fluctuates constantly, so if you want to know what you will need to pay to get the home you want, analyze the market trends! In the end, whether you agree with the market trends or not, most homes are going to sell for a price that falls within a range that reflects the […]
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It’s the moment you’ve been waiting for… You’re ready to submit an offer on a home, which means it’s time to start the negotiations. Watch out for the biggest mistake property buyers make during the negotiation process: not preparing adequately! In order to be an effective negotiator, you must do your research and be knowledgeable […]
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Your most effective home buying process is ultimately going to involve a combination of touring homes online and in-person. The combined approach allows you to efficiently use your time to weed out houses online you don’t like, while also giving you a well rounded knowledge set about the homes you love and want to tour […]
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In a typical home buying transaction, you will go through both the pre-qualification and underwriting process. The pre-qualification process always precedes the full underwriting. When you are applying for a mortgage to buy a home, start by talking to your lender and have them outline all the steps you must take in order to complete […]
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