After days or even weeks of house-hunting, you finally find the perfect home in Arlington. Your mortgage has been secured with the best lender, your offer has been accepted, and your home inspection has come off without a hitch. Congrats!
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Selling a home in Arlington is not easy, in fact, it is often the largest financial transaction that you can ever make in life. However, that does not mean homeowners want to devote a lot of time to it.
A recent survey of 1000 homeowners conducted by SOLD.com shows that more than half—58%—of homeowners who recently sold a home in Arlington spent less than three hours researching the method and professional they chose to sell their home.
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Julie is a Realtor serving Northern Virginia
Real estate agents act as go-betweens for buyers and sellers of real estate property. With certain exceptions, anyone who assists with the sale of real estate in the Commonwealth of Virginia is required to be licensed by the state. Each and every real estate agents must be affiliated with a real estate broker. A broker is a real estate profession who has higher educational requirements and who has a minimum of three years of full-time experience as a real estate agent. A realtor is a real estate agent or broker who is a member of the National Association of Realtors. As a realtor, agents and brokers agree to ascribe to a high standard of ethics and participate in continuing education programs.
In most cases, a real estate agent works for one party, either the buyer or seller, renter or landlord. The agent uses his or her specialized training to best represent the clients' best interests. In some cases, the agent will work in a dual capacity representing both sides of the transaction. In all cases, the agent's first duty is to truth and honesty. But when you choose a real estate agent, don't be afraid to ask about what obligations state law imposes.
Some agencies have up-front fees or retainers. It's okay to shop around and to interview several agents and agencies to find the one that you feel most
comfortable working with, but it's only fair to the agent and to yourself to settle on one agent to sell or buy a home. Although it is your right and duty as a consumer to shop around, it is unethical and unfair to work with more than one agent at a time. An experienced agent will always ask if you already have representation. This way the agent won't waste his time or accidentally interfere with the relationship you already have.
For more information or to set up an appointment call Julie at (703)765-0300.
All real estate agents work by an ethical rule that says they must act in the best interests of both the home seller and the home buyer. However, you cannot truly guarantee that your best interests are involved unless you have an agent on your side during the buying process. After all, the seller’s agent is there to represent the seller, not the buyer.
NEXT Mistake 10: Not thinking about the future.
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A recent survey of 1000 homeowners conducted by SOLD.com shows that more than half—58%—of homeowners who recently sold a home in Arlington spent less than three hours researching the method and professional they chose to sell their home.
