Why Use An Agent? It is important that you have a professional REALTOR® working for you for many reasons. Our agents are licensed REALTORS®, and members of the NATIONAL ASSOCIATION OF REALTORS®, and a real estate trade association. All members agree to abide by a 17 article Code of Ethics. It’s a common misconception that you can save money by not having an agent of your own—When you buy a home the listing agent pays us a commission. If you buy a home directly from a listing agent they won’t be representing your interests, but they will simply keep the full commission! Below is a summary of what your Brass Key agent will do for you: The Buying Process The process of buying a home or investment generally starts with determining your buying power; that is, your financial reserves plus your borrowing capacity. If you give your Brass Key agent some basic information about your available savings, income and current debt, they can provide you with an array of loan programs to fit your needs, as well as get you qualified quickly at no cost.
Your Brass Key Agent Will Help You Find The Right Property!
Finding The Right Home Once you know how much you can and want to invest in your home, the next step is to find the properties that most closely fit your needs. Brass Key Property Brokers is a member of multiple MLS systems, giving us access to thousands of homes for sale. Sometimes the property you are seeking is available but not actively advertised in the market, so it will take some investigation by your agent to find all available properties.
Selecting The Right Property This is when excitement and emotions run high. Your Brass Key agent can assist you in the selection process by providing objective information about each property. Your REALTOR® can provide local community information on utilities, zoning, schools, etc. There are two things you’ll want to know. First, will the property provide the environment you want for a home or investment? Second, will the property have resale value when you are ready to sell?
You Can Count On Brass Key To Handle All The Details
Negotiating There are a myriad of negotiating factors, including, but not limited to price, financing, terms, date of possession, and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should also provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
Due Diligence With a negotiated agreement in hand, it is time to complete the evaluation of the property. Your Brass Key agent can assist you in finding qualified, responsible professionals to do any required inspections 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 agent, title company or attorney can help you resolve issues that might cause problems at a later date.
Financing As soon as you are reasonably sure the property is right for you, the loan process begins. A mortgage consultant will be assigned to you, and is just a call away to answer all your questions and/or concerns throughout the entire purchase transaction.
Your Brass Key Agent Will Guide You Through The Closing Process
Closing or Settlement Finally, there is the closing, or settlement. In Colorado, the title or escrow company will handle this process. Your Brass Key agent can guide you through this process and make sure everything flows together smoothly.
Collect Your Cash Rebate or Discount Commission If you purchased your home through Brass Key and acquired your financing through YourWayLoan, you will receive your $1000 Visa Gift Card at closing. If you sold your home and purchased another through Brass Key Property Brokers, you will only be charged 3.8% commission for the sale of your home. This is a great savings!