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As your chosen representative, your agent can, and should, do the following toward your mutual goal of finding you a house: -> Disclose that he is working solely for you in conducting your real estate business. As noted earlier, 10 years ago, you would most likely have been your agent’s “customer”(someone to whom someone else is trying to sell something) rather than “client”(someone whose trust is respected and who is entitled to exclusive representation).
-> Talk fully about the nature of the real estate market in the community in which you plan to live. This includes whether property in that community is appreciating or depreciating, crime statistics, and quality of school (test scores, national rankings, etc.).
-> Get tax records that show what an owner paid for the house you might buy and when they paid it.
-> Compare the cost of the home you are considering buying with the selling price of other, similar homes in the neighborhood and give you an informed opinion of real value.
-> Recommend an offering price on the basis of the information derived from the tax records and comparables.
-> Discuss with the listing agent and / or seller your concerns over the home you plan to buy.
-> Negotiate a contract on your behalf.
-> Attend inspections and appraisals as your representative.
-> Help move your loan application along.
-> Arrange for and attend a closing as your represetative.
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