About The Real Estate Group

The Real Estate Group (TREG) “Partners in Excellence”

The mission of The Real Estate Group, LLC is to be Hampton Roads finest provider of real estate services. Our goal is to create a company that provides absolutely the best service for our customers by fostering an environment of teamwork and a common vision. The Real Estate Group, LLC consists of an accomplished team of skilled professionals who take pride in their work and their company. We work hard to go beyond the expectations of our customers, agents, and employees.

Heads Up: 5 Things A First-Time Homebuyer Should Know

The process of buying a home is complicated, especially for first-time homebuyers. As a buyer’s agent, you should ensure your buyers know enough about the process to make smart decisions.

 

Renting offers the safe haven of having a landlord and not having to worry about damage, repairs, paying off your 30-year loan or yard work. But being a homeowner has the allure of the American dream, building equity and wealth and owning something of your own.

 

Making the jump from renting to owning is a scary one, fraught with loans, inspections, negotiations, appraisals and signing a lot of paper work.

 

Working in real estate, it’s easy to forget how complicated the process of buying a home often seems to first-time homebuyers.

 

That’s where you come in.

 

As a buyer’s agent, it’s your responsibility to guide buyers through the homebuying process. With first-time homebuyers, a big part of this is ensuring they know enough about the process to make smart decisions.

 

Here are five things all of your first-time homebuyers should know to make the process smoother for everyone involved:

 

  1. Buyers don’t pay their agents

 

Some sellers believe they might actually be better off without listing agents. The average listing agent’s commission isn’t exactly chump change and not all agents are worth it.

 

Buyers, on the other hand, really have no reason not to work with real estate agents.

Buyer’s agents are an invaluable resource for first-time homebuyers, and their services typically don’t cost buyers anything. If you aren’t making sure first-time homebuyers know this, you could lose potential clients.

 

Tell all first-time homebuyers, not just the ones who ask, how you’re paid for your services. Taking the initiative on this will help prevent some other agent from swooping in with the same information before you have an agreement signed.

 

For the complete article, please see the original article on Inman.com, by clicking HERE.

About The Real Estate Group

The Real Estate Group (TREG) “Partners in Excellence”

The mission of The Real Estate Group, LLC is to be Hampton Roads finest provider of real estate services. Our goal is to create a company that provides absolutely the best service for our customers by fostering an environment of teamwork and a common vision. The Real Estate Group, LLC consists of an accomplished team of skilled professionals who take pride in their work and their company. We work hard to go beyond the expectations of our customers, agents, and employees.