Buying a Home in Memphis, TN
When Buying, an Experienced Agent Is a Must.
The Seller Pays All The Commission
In almost every transaction, the seller pays all of the agent's commissions, and the seller has a professional agent representing his or her interests, not yours. It's important that you have someone representing your interests, and that individual should be a full-time professional realtor with as much or more experience than the seller's agent.
Details of a Real Estate Transaction
These are a few details your realtor should be extremely current with:
- Appraisals -- There are many different kinds of appraisals, and if you don't know the difference, you may well offer more than you should.
- Home Warranties -- Many sellers have purchased a warranty that will prevent you from having expensive "surprises" after closing.
- Mortgages -- There are so many different plans available these days, not knowing the differences can cost you thousands of dollars. The seller's agent is not responsible for advising you before you do something really costly. That's why you need someone on your side with your best interest at heart.
- Again, in almost every case, all of the agent's fees are paid for by the seller. There is no reason why you can't have a professional realtor representing you, watching out for you every step of the way.
Call a Sowell Realtor Today!
If you are ready to start looking for your next house in Memphis, call one of our experienced realtors! Use these links to Find An Agent Now, or Search Our Property Database to tell us what you are looking for. We have helped countless clients buy the house of their dreams.
Resources for Buying a House
Here are common tips and information to help you with buying a home. If you have any questions, feel free to call one of our agents. The agents at Sowell Realtors are prepared to help you with any questions you may have when purchasing a home.
Preparing for Home Ownership
Finding the Right Property
Financing Your Home
Preparing for Closing and Beyond