With Boise real estate agents processing so many short sales these days, it is not surprising that many buyers are left with a negative impression. With such fears and concerns on their minds, many buyers simply forestall looking! Real estate is just like so many other professional arenas, with both good apples, and bad apples. Take a look at these valuable tips designed to help debunk fact from fiction.
Myth #1: Boise real estate agents cannot make appointments on time
While there are certainly a few agents out there who seem to think their time is more important than yours, this is not the case with all agents. If your first interview with an agent does not go well, set up an interview with another agent. Permitting an agent to demonstrate disregard for your time is not a good pattern to set early on. The most successful agents will show you the highest degree of consideration and respect, so do not mess with an agent who refuses.
Myth #2: Your real estate agent will have to change everything in their schedule to show you homes at the drop of a hat
Depending on your contract situation, you should have no problem receiving the highest degree of cooperation from your real estate agent. Otherwise, the agent is under no obligation to show you anything. Unless you agree to sign a representation agreement, the real estate agent should not be working with you at all, given they have no way to recover money for their time and resources they spend while with you.
Myth #3: Title companies and lenders are in cahoots with agents
Agents involved in the industry know the rules and this form of compensation is completely illegal and unethical. Since the mid-70′s, agents have been limited to receive payment in compliance with the law established under RESPA. The numbers just would not make sense given that the agent would lose their license to practice real estate and face penalties well in excess of their kickbacks.
Myth #3: Home inspectors recommended by the agent will always favor the agent
The home inspection is nearly always influence free in regard to the amount of persuasion any party has over the findings of it. Agents who want what is the highest benefit for their clients are the norm in today’s real estate industry. If the agent wants recommendations from his clientele then you can expect honesty and fair dealing. Not being willing to stand before a judge for the paltry money they would receive from a transaction, Boise real estate agents will choose to be honest. Simply put, Boise real estate agents know it is best to fully disclose all of the details to a buyer. The buyer has to address any of the major issues on the repair addendum on paper to make sure they are done before closing.
Myth #4: Agents need to tell clients about the ethnic make-up and crime statistics of a neighborhood
While it may seem reasonable to ask your agent certain details about the neighborhood you are considering, keep in mind that Federal Fair Housing laws prevent agents from discussing certain details. More specifically, any information that can be considered discriminatory cannot be discussed. Even if you are asking about details for good reasons, such as wanting to live in a Jewish community so you can be surrounded by others of the same faith, your agent cannot provide you with information regarding the ethnic make-up of the community.
The same is true when it comes to providing information regarding school statistics and crime rates. Finding the important information is not hard as long as your Boise real estate agents office has that information on file and handy.
The author enjoys writing articles about Boise real estate agents & real estate agents in Boise Idaho. Click on the above links to learn more!
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