Greater Louisville Real Estate Blog

7 Signs That You’ve Picked the Right Real Estate Agent

Buying or selling a home can be a complicated and stressful experience. There can be a lot of moving parts involved that may come as a surprise to people who have never been through the process before. This is why having a great real estate agent is critical. 

Picking the right agent isn’t always easy, but you’ll definitely know if you’ve picked the right one for you. Here are seven signs that you’ve made a great decision in picking your real estate agent: 

1. You like being around them

You don’t have to be head over heels in love with your real estate agent, but you need to at least enjoy being around him or her. You will spend a lot of time communicating with your agent, so the relationship needs to be a good one to help make the experience as painless as possible. There’s nothing worse than dealing with a person who you don’t like being around, especially if the going gets rough. If you don’t cringe at the sound of your agent’s voice then you might have found the right one. 

2. They’re responsive and available

This point is non-negotiable. A good real estate agent will make themselves available to you and won’t leave you hanging when you’re waiting for a response. If your agent is leaving you feeling like a spurned date, they’re doing something wrong. The right agent understands how important and serious a real estate transaction is, and will always make sure to make your needs a priority. 

3. They’ve asked you to get pre-approved

If you’re a buyer and you haven’t spoken with a mortgage professional before going out and looking at houses, a good real estate agent will ask you to. It might be frustrating if you don’t understand the reasons...

8 Signs That You Were Destined to Work in Real Estate

Via bigstockphoto.com

Very few people are lucky enough to know what they want to do from a young age and even fewer are fortunate enough to see their dream through. You might have wanted to become an astronaut when you were 4 years old, but the chances that you’re currently orbiting earth in the International State Station are fairly slim. 

But what we think we want to do and what we’re destined to do aren’t always the same thing. Many real estate agents try various professions before they find their true calling. There’s an old saying, “A (wo)man does what he can, until his true calling is revealed.” Here are eight signs that you were destined to work as a real estate agent: 

1. You’re very responsive to people and their needs

via GIPHY

Is there anything better than a responsive real estate agent? Actually, is there anything worse than a non-responsive one? If you’re in tune with people’s needs, and respond quickly to help solve their problems, you’ll probably make a great agent. And if this is an intrinsic part of your character, then perhaps you were destined to become one. 

2. You love exploring 

via GIPHY

If you get a high from driving to new areas and discovering places you’ve never been before, then you might be destined...

4 Ways To Rock As A Real Estate Client

Why do you care if your Realtor considers you a good client or not? Because the better client you are, the better results you will have. No, you and your Realtor do not have to be in love with each other, but effort on your part will bring you better results and a more positive transaction. Here are some best practices.

1. Be easy to educate

Most Realtors are teachers at heart, and the more you can learn, the better prepared you will be. Yes, your friends, family and various websites have lots of good information to give, but nobody has a better “boots-on-the-ground” perspective on your local neighborhood and various current trends than your Realtor. Ask all the questions you like and try to absorb as much info as possible. Yes, there is a lot to learn, but you will find that you become educated very quickly.

2. Be easy to communicate with 

If your Realtor must text you five times before you respond, you will eventually miss some important info or even the house of your dreams. Ask your Realtor for communication expectations and let them know if you prefer calls, emails or texts. If there is a time that you do not wish to be contacted at all (say, when you put your kids to bed), make sure your Realtor knows that in advance. They will probably have a “no-contact” time, too. Of course, if your Realtor is constantly difficult to reach, you may want to consider switching to somebody else.

3. Be as available as possible

Of course, you are not expected to take off work to see a home, but see what accommodations can be made in your schedule. This is critical in viewing homes in a hot market. If you are selling a home, please be mindful that after-work and evening showings are highly likely. The more people that see your home, the better and higher price offers...

New Survey Finds Misconceptions About Down Payments Keeping People From Purchasing Homes

One of the main reasons people aren’t buying homes is they think they can’t afford it—especially the down payment. But, as it turns out, there are plenty of buyers out there who actually can afford to purchase a home, but their misconceptions about affordability are holding them back from making a move.

According to a recent survey from lender Laurel Road, 53% of Americans are concerned about their ability to afford a home. But a lot of that concern is because they don’t know what their options are. 

A solid 58% of Americans surveyed said they planned to put down a 20% payment on a home, but 35% (and 46% of millennials) didn’t think they could afford to save that kind of down payment. But with alternative lending options, you don’t need 20% in order to buy a home! According to the National Association of Realtors, the median down-payment for first-time buyers is at 6%—significantly less than the 20% the majority of Americans believe they need in order to purchase a home.

The Takeaway

Your misconception about how much you need for a down payment could be holding you back from purchasing property. Explore the alternative loan options available to you and make your dream of owning a home a reality!

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Do You Need A Real Estate Agent When Buying New Construction?

Build Home

If you consider buying a new construction home, there’s a good chance you’ll question whether or not you even need to use a real estate agent.

You might even wonder if there’s an advantage to not using a real estate agent…perhaps thinking you can get a lower price, or more upgrades thrown in, if the builder isn’t paying a real estate agent their commission.

Or, you just might not give it any thought whatsoever, and stumble into buying your new construction home, without having your own real estate agent to represent you.

So, do you need to use a real estate agent when buying new construction?

Technically? No.

Should you? Yes.

Beyond Just Signing A Little Paperwork

One reason people question whether an agent is necessary, is because many tend to see it as an agent just signing some paperwork so they can get a commission.

There are certainly agents out there who don’t bring a heck of a lot to the table in terms of expertise and skills. There are ones who literally just want to make sure they are in the room when you do the paperwork, so they can secure their commission.

Unfortunately, they give great agents a bad rap.

Those are not the type of agents you should hire if you are buying new construction. Or any house for that matter.

The purchase of a new construction home really isn’t any different in many ways than purchasing a resale home. The knowledge and skills of a good real estate agent go beyond the “finding” of your home, or doing some paperwork.

The Builder Is Not Your Ally

Not that every builder is evil, and out there trying to take advantage of you. But a builder is certainly going to be looking out for their best interests…not...