Tuesday, January 15, 2008

Will A Real Estate Agent Help You Find Other Professionals?

Yes, many real estate agents will have a list of professional you can consult with.

When arranging any legal or financial transaction you may already have a list of professionals who can help you. You may be best to consult with the professionals that you have previously had dealings with as opposed to finding new contacts.

If you don't already have a list of professionals to call on, your real estate agent should be able to supply you with a list of professionals including: property attorneys, mortgage brokers, home inspectors, accountants and title companies.

If you see the term "affiliated" it could mean that the real estate agent, or his/her broker, is receiving a commission from one or all of professionals. Although this is not necessarily a bad thing, you need to determine whether or not you are paying a premium for the service in order for the agent to be compensated. You also need reassuance that the professional is competitive, independent of the other party and capable.

Ask the real estate agent to explain why he or she recommends these professionals.

Find Out How Your Real Estate Attorney Can Guide You Through A Mine Field Of Legal Traps When Buying Or Selling Property.