So you think I should follow your recommendation?
There is much more to buying a home than finding the right Realtor or Mortgage professional. There are other partners involved in the transaction. So, at your consultation meeting with your agent he or she may provide you with a list of lawyers and home inspectors.
First of all, the list should consist of at least three lawyers and three home inspectors to give you the opportunity to interview them and make a choice. Why would you want to seriously consider these recommendations? These recommendations are usually based on the experience your Realtor has had with these professionals, and feedback from clients, as well as the recommendations of other Realtors. The goal of your agent is to get the transaction completed smoothly and accurately in the least amount of time.
I have had experience with clients who chose to use their own lawyer, which was their right, but the lawyers had no real estate experience thus did not know how to fully negotiate with the seller's skilled real estate lawyer. Therefore, the transaction dragged on causing missed deadlines and some of these deadlines can prove to be costly, such as the one for locking in a low mortgage rate. Yes, a divorce attorney with no real estate experience would not be in the best position to provide representation; nor would a friend who went to law school but is not really practicing. Moreover, some lawyers simply are too busy and take a very long time to return calls or process routine paperwork.
How about in the case of the home inspector? Do you consider the references given by your agent or do you think picking someone listed on-line is the way to go because it may cost less? Here, again, not having a recommended inspector could be costly in the future. You would not want to find problems with the home after closing that should have been found before, would you?
So, when shopping for a home, hire a professional Realtor with knowledge and experience and then follow the recommendations of your agent.
Copyright © by Jennifer Fivelsdal, all rights reserved-So you think I should follow your recommendation?