Rochester New York Homes For Sale
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Representation

When you're ready to think about buying or selling your property, you need to ask yourself the following questions:

• Do you have the time, energy, sources of information, expertise and know-how, and contacts to do the job yourself?
   
• If you are one of the 'do-it-yourself' people, will the results be as good or better than they would be if you had professional assistance?
   
• Will it go smoother? Will you need to give more of your personal time?
   
• Are you able to purchase for less, or sell for more, as a professional real estate agent would?

Read the following information and learn how a Rich Group real estate agent can help you understand everything you need to know about a real estate transaction.

Finding your next home

Once you know how much you can and want to invest, the next step is to find the properties that most nearly fit your needs. This is the time to choose a professional real estate licensee. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.  Find out more about finding your next home by clicking on Buyers Info.

Due Diligence

With a negotiated agreement in hand, it is time to complete the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. As your agent, we can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities.

Your Rich Group agent, title company, or attorney can help you resolve issues that might cause problems at a later date.

Closing or Settlement

Finally, there is the closing, or settlement, as it is known in different parts of the country. Every area has its own unique customs. In some areas, the title or escrow company will handle this process. In other parts of the country, an attorney does it all. Again, your Rich Group real estate agent can guide you through this process and make sure everything flows together smoothly.

How Do Real Estate Agents Get Paid?

Real estate agents or brokers are generally paid through the sales commission paid by the seller when a transaction closes. Agents have expenses and financial obligations just like you, so it will be to your mutual benefit if you choose a real estate agent and stick with that person. The Rich Group agent will respect your loyalty and respond with a sincere commitment to you.

You Be the Judge!

Real Estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in real estate without professional representation.

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