1. Tip 1: Get Your Financing Figured Out
2. Tip 2: Use a Real Estate Agent
3. Tip 3: Start Early
4. Tip 4: Move Up in the Down Market
5. Tip 5: Know Your Criteria
6. Tip 6: Understand DOM and $/SF
7. Tip 7: Know Where to Find the Best Deals in the Raleigh Area
8. Tip 8: Understand Short Sales and Foreclosures
9. Tip 9: Understand How to Determine the True Value of a Property
10. Tip 10: Ask Two Key Questions in a Competitive Situation
11. Tip 11: Walk the Neighborhood Before Making an Offer

Tip #2
Tip 2: Use a Real Estate Agent

All commissions are paid by the seller in the Raleigh area, so for a buyer, the help of a real estate agent is free. A good real estate agent will help you find the right home in the right area, guide you away from big mistakes, and negotiate a better deal for you. Some buyers think they will save money by not having an agent. Think again. The seller has agreed to pay a certain commission rate to the listing agent, regardless of whether the buyer is represented or not. If you don’t have an agent, the listing agent will keep the entire amount, and you will miss out on the benefit of professional advice.

Beware of agents who offer you part of their commission as a “buyer rebate”. This may be a sign they are struggling to survive as real estate broker, and as a result may not be competent to represent you.

Recent News

Three New Agents Join Regan & Company

Regan & Company continues to be one of the fastest-growing real estate firms

Multiple Offers Produce FULL PRICE for TWO Sellers

The first two Regan & Company sales of 2010 resulted in full-price contracts

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