If you are ready to buy your dream home in Orlando and you want to make the most of your hard-earned money, you want to make sure you get the best deal. After all, this is no small investment and buying without knowing how to properly do it can cause you to pay thousands more than you actually should.
Buying a property is not as simple as going through some listings. Without the right knowledge about real estate purchasing, there might be hidden costs whether direct or indirect.Furthermore, you might also be buying at a price that is way above the latest market trends in Orlando.
You also need to know the right questions and investigate on the history of a property if it is not a new build. Did it undergo renovations that have pending violations with the local agency? Is it compliant with the city’s building codes?
To make sure you get your money’s worth, it is best to hire the right real estate professional. You might not know it, but there are about 4 types of real estate agents.
4 Types of Real Estate Agents
- The Transaction Brokers – They are neither for the buyer’s interest not the seller’s. They are only there to expedite the buying process.
- The Seller’s Agent – They exist mainly to get the highest price for the homeowner selling his/her property.
- A Buyer’s Agent in a Listing Office – This is actually a conflict of interest. They want to hunt properties for the buyer but are also working in a listing agency. Thus, they do not actually protect just the buyer, but also to speed up the sale of their listed properties.
- The Buyer’s Agent – They are independent agents who exist to protect the interest of the buyer exclusively.
Don’t fall for the trap of just buying a property yourself and throwing money unnecessarily. Watch this free webinar and get the most of your investment.