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A Real Estate Broker

Real estate is a popular investment avenue. Currently there are a lot of people who invest in real estate. For some real estate is their primary job. They perform as real estate brokers, sales agents, buyers agents, investors, attorneys and still others who work mainly in the real estate industry. However, there are folks who just want to invest in real estate (as it is an attractive avenue for investment). For such people, getting a good real estate broker can make a big difference between a good deal and not-so-good one.

So how does one choose a good real estate broker?

The first thing to look for is the reputation of the real estate broker. A real estate broker who has good reputation would have earned it over a period of time by helping buyers get the property of their choice (and as per their needs), at the same time getting a good price for the property seller. In fact, experience is the second important thing to look for in a real estate broker. Bad real estate brokers can’t exist for long (since the bad news about anyone travels much faster than the good news). So experience is a good measure because you know that the real estate broker is still in business. Call your local Chamber of Commerce and the Better Business Bureau and ask if there have been any complaints made against the Broker. If the broker is a Realtor, contact the local multiple listing office to find out if there have been any complaints, charges or reprimands against them.

In speaking with the broker you will be able to assess their personality – are they helpful and willing to listen – or are they interested in telling you what you need? A good real estate broker will not act just as the salesperson for the seller (from whom the real estate broker is due to receive commission/fee when the deal materializes) but will also pay heed to the needs of the buyer.

They will normally have a lot of properties available for sale at any point in time. Brokers will generally have a small team of people working in an organized way to get the deal closed between a buyer and a seller (making both parties happy at the same time). Grouping the properties they have listed in a way that is easy to understand e.g. group them on the basis of location, price, house types etc. for the buyer allows the buyer an opportunity to consider different options than they may have originally thought about.

A good broker will also offer advice to the seller on small repairs or things that can help them to get an even better price for their property. Spending time with clients, a real estate broker will patiently listen to the requirements of the buyers and point them to the properties that best fit their requirements (instead of just showing them the list and asking them to review the ones they might be interested in viewing).

Checking with friends/family that have previously used the services of a good real estate broker is another way that can sometimes help you find a good real estate broker fairly quickly.  

NewsGeni.us | The news source for sharper real estate agents …

One of the most powerful features of Twitter is its ability to find what people are saying about a topic. For real estate, this is a great tool and agents and homeowners alike can use it to find out the latest market statistics or news. See article» http://www.sfgate.com … PropertyMaps.com is a listing site that hopes its partnership with independent brokers around the country will lay the groundwork for a future national MLS built and owned by the brokers….

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Real estate brokers operate all across the United States. Some individuals operate on a national level, but most operate on.

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In addition, you can find deals that simply would not exist in a booming economy. In fact, real estate investing can turn the tide for a poor economy. When the economy is not so good, short sales, bulk reo sales and virtual real estate … 

 

**************************************************************************** © 2016 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc ®. Equal Housing Opportunity. Privacy Policy Sherry Fields 1020 South Ave. W., Missoula, MT 59801 | Phone: (406) 207-8448 | Email: Sherry.Fields@bhhsmt.com *******************************************************************************

Real estate agent

All about real estate agents

Real estate agents are professionals who help in connecting the buyer to the seller. A lot of real estate agents also do rentals wherein they connect tenants to landlords and even maintain the property on the behalf of the landlords. The real estate agents work by linking together the two interested parties and charging a commission for their services. For sales, they charge commission only to the seller but for rentals (i.e. agent managed rentals) the commission is charged to both parties involved in the transaction. Real estate agents generally calculate their fee as a percentage of the selling price (in case of sales) and as part of the rent (for rentals). People, who want to sell/let their property, leave the details of their property with the real estate agent (and in fact, even leave the keys of the house so that the real estate agent can arrange for viewings without them getting into any hassle). The other interested party (i.e. the buyer/tenant), gets access to this information by contacting the real estate agent. That’s how the real estate agents become a hub of information.

A lot of home seekers (including real estate investors) use the services of real estate agents not just for getting good deals but also getting them quick. Since real estate agents are probably most familiar with the market situation in their region of operation, it makes sense to approach them to get an idea of the going rate for properties in that region. Real estate agents would generally know the prices of various properties of different types and at various locations in the region.

A property seller can possibly get a few thousands more for his/her property by using the advice received from a good real estate agent. A good real estate agent will also analyse the needs of a home buyer/tenant and provide suggestions on what kind of home could be available to them within their budget.

So a good real estate agent will not just throw a list of available properties to the buyer/ tenant but will actually discuss their needs and make a suggestion. This, in fact, works in the favour of real estate agent in two ways. Firstly, if the real estate agent is able to sell the house they get their commission and secondly, if they make the buyer happy too they earn a good reputation (and hence more business).

It is also good practice to use a licensed Realtor to represent you and the sale of your home as they know the local and state laws concern the transaction, have the most current information available about the area market, have good relations with the mortgage industry locally and the title insurance companies.  All of this networking and relationship building works in your favor to ensure that the transaction is handled in the best possible manner.

There are any number of pitfalls that "FSBOs" [For Sale By Owner]  have found themselves in after a sale which has ended up costing them money they did not expect to pay.

**************************************************************************** © 2016 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc ®. Equal Housing Opportunity. Privacy Policy Sherry Fields 1020 South Ave. W., Missoula, MT 59801 | Phone: (406) 207-8448 | Email: Sherry.Fields@bhhsmt.com *******************************************************************************

About Us

SherryFieldsRealEstate.com is dedicated to providing quality information on the subject of Montana Real Estate and in particular, on Real Estate opportunities in Missoula and surrounding area. Our agency has membership in three MLS systems covering all of the western part of the state to the Idaho border on the west and south and Canada to the north.

Here you will find helpful reviews, informative information and tips and much more. This site is in the format of a ‘weblog’ so that each time I post new information, it will come to the top of the front page. This means that you can check back here frequently to see new updates to the information found here.

You can navigate through the site by using the menus on the sides of the page. Also don’t hesitate to follow the links you see in bold throughout each post to learn more about the product being written about.

I hope you find the information I provide valuable and helpful.

All the best,

Sherry Fields

"Building Relationships so you can buy and sell with confidence"

**************************************************************************** © 2016 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc ®. Equal Housing Opportunity. Privacy Policy Sherry Fields 1020 South Ave. W., Missoula, MT 59801 | Phone: (406) 207-8448 | Email: Sherry.Fields@bhhsmt.com *******************************************************************************

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If you have any questions regarding the content in this website, about the products that are mentioned, or just any questions at all don’t hesitate to contact me at the following address. I’d also love to hear any feedback on the site if you’ve found it helpful or have some ideas about how I can improve the site in some way.

Please contact me at  Sherry@SherryFieldsRealEstate.com

I will reply to all messages as soon as possible.

Sherry Fields
“Building Relationships so you can buy and sell with confidence”

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