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How to Choose a Realtor

How to Choose a Realtor


How to Choose a Realtor

Buying a home is a unique process and not one in which the average home buyer has the expertise or a lot of experience. That is why when you are ready to take the crucial step to become a homeowner, it is wise to enlist the help of a professional – a Realtor or real estate agent who not only has your back but who has the experience and expertise to get good results on your behalf. Here’s how to find that important advocate as you plan to make the investment in home ownership.

Do Your Research

There are lots of real estate professionals in pretty much every market. Look up some local agents in the area you want to purchase in, check their online listings, ask friends and neighbors for recommendations and choose a few to interview.

Finding Expertise and Experience

You will not be best served by someone who moonlights in real estate. You want to find someone who knows and has experience in the local market where you want to buy and live. Look for an agent who specializes in that local market and who makes the work their profession, and take a look at recent properties he or she has been involved in listing and selling. An experienced agent will know about the lifestyle resources you can expect in an area – the schools, recreation, local businesses and cultural features. They will also have cultivated a network of other professionals such as building contractors, plumbers, electricians, handymen, etc., to refer you to should you need such services before moving in or at any time after.

Ask about the agent’s license, certification, and training. You want a professional who is current with the real estate laws and tax ramifications, has training in negotiating, and a good head for business and investment.

Ask for a list of references and follow up with them. Do some online search for feedback, but be wary that disgruntled folks often rush to submit a poor review that may not be fair or accurate. For a balanced and honest perspective, it’s best to hear directly from someone who has done business with the agent.

Finding a Good Match

In addition, the “hard” credentials described above, use your interview to find out if the real estate agent is someone you want to work with, person-to-person. You want to make sure they listen to you, hold your opinions in respect, deal with you honestly and openly, and really understand what you are looking for in a home. Good communication, however, must work both ways: you also want to make sure that you listen to them, that you respect their opinions and expertise, and that you understand the opportunities and limitations that they describe to you. This truly is a relationship that you’re evaluating. The agent wants to make a good sale and have a satisfied client, and you want your agent to be equally satisfied with the transaction. If one of you is unhappy, chances are, both of you will be.

Mortgage Investors Group supports customers in purchasing their dream homes. Our reputation for delivering unparalleled service aligns borrowers with the best solution for their financing needs. We offer a diversified line of residential mortgage products, including government and conventional loans. We are based in Tennessee and have nearly 400 employees in 25 offices in seven states who are ready to support your home purchase.

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Mortgage Investors Group, based in Tennessee, offers residential financing in a number of states in the southeast, See MIG Service Areas. Terms and conditions to apply to home financing. We want to share with you the loan terms vary based on several characteristics and your financial profile. These include but are not limited to loan program, loan purpose, occupancy, credit history, credit score, assets, and other criteria per loan type. The repayment terms and interest rate may vary from time to time. The terms represented here are based on certain assumptions outlined below and/or noted on the loan outline page. Additional details concerning privacy, program disclosures, licensing specifics may be found at migonline.com Legal Information.

MIG Loan Officers will help gather the information needed for an individual assessment to provide home financing which matches the loan characteristics with your home financing needs based on your financial profile, when you are ready to begin a full loan application. For estimates and general information before that step, the basis for which the mortgage financing information are as follows:

  • Rates are subject to change at any time.
  • Rate locks are available at current terms for 30 to 180 days based on program type, credit profile, property location, etc. which will affect the available rate and term.
  • Rate locks are available at current terms for 30 to 180 days based on program type, credit profile, property location, etc. which will affect the available rate and term.
  • Payments will vary based on program selection, current rates, property location, etc.
  • Not all programs are available in all states.
  • Some loan programs may not be available to first time home buyers.
  • Terms and conditions apply, which may include restrictions or limits per loan program.
  • Information is generally based on primary residence occupancy with no cash out when refinancing.
  • Unless otherwise stated, terms shown are estimates based in part on credit score of 700 or higher; owner occupancy, escrow account is established for taxes and insurance(s); debt-to-income ratio no higher than 43.0%; PMI applies to conventional loan programs over 80.0% LTV; VA,FHA & RD require insuring fees included in loan and/or payment; fixed rate, 30 year term.

An MIG Loan Officer is available to help with your financial details to determine which characteristics apply to your situation for a personalized look into which loan program best fits your home financing needs. Please use the Find a Loan Officer link or reach out to Mortgage Investors Group at 800-489-8910. Equal Housing Lender 1.2020