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Joe's Blog
http://www.youtube.com/watch?v=mXdpKhN3NQU
In the youtube video above I Joe Barrila confess that I did what many home buyers do. I spent too much time shopping for a camera when I was told by 2 trusted photographers what camera to buy. I wasted Time, Money and had a little Aggravation when I could have just gone on the internet and found the best price and had it shipped to the door. Many home buyers do the same thing. My wife Gail and I did this before we were Real Estate agents and buying our first home. We drove around all over the place trying to figure out where to live, what type of home, how much of a mortgage we could afford. That took a lot of time, were and tear on the car, money but let’s face it…shopping is fun and we all like to learn for ourselves. (I could use that 600. Bucks in gas money back right now) We then met a Realtor at one of the homes we visited and felt we could trust him. After that everything fell into place and we bought our first home. The idea here is to shop for the Realtor first. Even if you are just in the very beginning stages and might not think you want to buy right then. Many Realtors will give you advise and guide you well before your actual purchase. So my advice is to shop for a good trustworthy Realtor first to guide you from beginning to end. We have helped hundreds of homebuyers and feel great every time we hand them the keys. Many are very good friends now. The Relationship you build with your Realtor sometimes can last many years beyond settlement of the home. You can visit www.barrila.com for more info on buyer agency. Take Care, Joe Barrila and remember it's HipNCool TO LIVE HERE!
Why Use a REALTOR®
Smart home sellers realize they need the expertise of a REALTOR® in the sales process. And only REALTORS®, who are members of the National Association of REALTORS®, follow a time-tested Code of Ethics, where other real estate licensees may not.
Why?Buying and selling real estate is a complex matter. At first it might seem that by checking local picture books or online sites you could quickly find the right home at the right price. But a basic rule in real estate is that all properties are unique. No two properties -- even two identical models on the same street – are not precisely and exactly alike. Homes differ and so do contract terms, financing options, inspection requirements and closing costs. Also, no two transactions are alike. In this maze of forms, financing, inspections, marketing, pricing and negotiating, it makes sense to work with professionals who know the community and much more. Those professionals are the local REALTORS® who serve your area.
In recent years, through concern over consumer protection, Pennsylvania has
passed legislation to require realtors to notify the consumers of the different
relationships they might enter into with an agent during a real estate transaction. To protect buyers during the transaction, buyer agency creates a relationship where the agent has loyalty and confidentiality exclusively to the buyer acting solely on their behalf unless otherwise specifically agreed upon between all parties to the transaction. Buyer Agency has helped to alleviate much confusion with consumers and give you the peace of mind that they are making the right investment.
Every real estate broker owes these duties to their home buyer:
· Loyalty
· Diligence
· Confidentiality
· Obedience
· Full Disclosure
· Accounting
· Care
These responsibilities are defined by state law, the Realtor Code of Ethics, general principles of agency and court decisions. But what does a Buyer’s Agent actually do for you? Like other agents, a Buyer’s Agent will show you available homes, point out the property’s features, provide financing information and submit the offer to purchase. A Buyer’s Agent, as your representative, will also share valuable and essential information with you (if the agent knows it), such as: Whether the seller would accept a lower price.The seller’s reason and timetable for selling. Strengths and weaknesses of the property. How you might gain a competitive edge over the seller. How to structure an offer that serves your best interests.
You can ask a Buyer’s Agent for advice and assistance in setting your offering price and structuring the other terms of your offer. What’s more, you’ll have peace of mind knowing an advocate is working on your behalf to help you buy for the best possible price and terms. Every transaction is different and a good Real Estate Agent knows how to face all challenges that you may face and fight for your best interest in every situation.