To find information about Farm Land, Acreage, Ranches, Lakefront Properties, etc.here are
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Big Reasons to Find A Good Agent
FIRST
(before calling listing agents about homes)
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All real estate "agents" are not the same!!
The truth is, real estate licensees have vastly different levels of knowledge, skill,
experience, expertise and motivation. A buyer risks getting less than the best if
the call goes to the listing agent. See Buyer - Be Aware
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"Listing agents" in Minnesota are agents of the seller. Their legal and
ethical duty is to get the highest possible price and best possible terms for the
seller. Are you likely to find a listing agent who can be completely loyal and
faithful to a buyer?
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In Minnesota, the only agent (or licensee) who can and must be completely loyal
and faithful to a home buyer is a buyer's agent who has signed an agreement to
represent the buyer's interest above all others on every home shown. If you do
this first, then your buyer's agent can provide the information on available
properties...and look after your interests. By default all agents work for the seller unless the buyer has signed a buyer broker agreement. There is no charge at our office for a buyer broker agreement.
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How does a buyer's agent get paid? The agent only gets paid if he or she writes a contract and escrow closes, then the buyer's agents gets part of the commission, which varies with each property. If I am your buyer's agent, I will not accept any bonus offered to the selling agent, but it will be credited to you as the buyer, against the purchase price.
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And just what does a buyer's agent do besides helping you to find the property that is right for you? Well, after the agent opens escrow, she has to make sure all the deadlines regarding home inspections and tests of various kinds are held. She needs to make sure your lender gives the timely information to the seller. She deals with the escrow agents, making sure all the required papers are done and in order. Often little problems crop up, maybe the seller is not a citizen, in which case the buyer would be liable for taxes the seller owes, unless the correct papers are filed. Maybe there is an encroachment and the agent will help to negotiate the problems. Sometimes a perculation test needs to be done, and the agent will see that the engineer and the county get their work done in a timely manner. The agent often acts as an Investigator regarding the property, and deals with the utility companies, the neighbors, city or county officials, the title company and many others.
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So, who are you going to call? An agent you feel you can trust, who has special training, market knowledge & information, experience, up to date ways to research the market and motivation to help the home buyer find the best property at the best price. Contact me now, let your home search start here!
Click on this envelope to send me an email,
I am looking forward to hearing from you!
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