Do realtors and inspectors work together?
Home inspectors and real estate agents work together for the buyer. A good home inspector isn’t going to exaggerate a problem just to make a buyer walk away from a home, and a good real estate agent isn’t going to prevent a home inspector from doing their job.
Should I use the attorney My realtor recommends?
Because your realtor has an interest in any deal being legally legitimate and you as a client having the best experience possible, realtors will often recommend lawyers who provide excellent service, communicate regularly, are diligent and provide services that reduce costs and lead to proper deal closures.
Should you follow the home inspector?
It’s a good idea for the buyer to attend the home inspection because it’ll be the perfect chance to ask the inspector how the home’s various systems work and hear about maintenance. … Of course, if the buyer isn’t able to attend the inspection for one reason or another, their agent can go for them.
What is a red flag in real estate?
A home that has been on the market for a long time raises red flags. “This typically indicates some deficiency with the listing,” Glass says. He points out that some of these homes may have undisclosed physical problems, or that the real estate photos don’t accurately represent the home.
When a salesperson works as an independent contractor it means?
When a salesperson works as an independent contractor, it means: the salesperson has his own office and deals directly with buyers and sellers.
Can you hire a real estate professional that represents just you?
Designated or Appointed Agency
To make sure both sides of the home sale are treated fairly in this situation, some brokers designate an agent in their company to represent only the buyers and another to represent only the sellers. A designated agent or appointed agent will be loyal to you and only you.
What’s the difference between attorney and lawyer?
Lawyers are people who have gone to law school and often may have taken and passed the bar exam. … An attorney is someone who is not only trained and educated in law, but also practices it in court. A basic definition of an attorney is someone who acts as a practitioner in a court of law.
Are lawyers automatically real estate brokers?
While an attorney can certainly earn a real estate broker- age commission in either a Direct Deal or an In-House Deal by way of Real Property Law §442-f (i.e., com- mission is paid directly from the client or customer to the attorney), earning a share of the commission from the listing agent (either the Seller’s Agent …
What Should seller fix after inspection?
You should only be asking the seller to fix major problems like structural issues, damaged flooring or dead trees near the home. Keep in mind that in this scenario, you will not be able to pick and choose who is doing the work, when and how it is being done.