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What is Your Real Estate Agent Doing For You?

April 16, 2018 by Jimmy

Thing #4

Creates a detailed home search and is available, personally, or with a team to move quickly on “hot listings.”

 

It is one thing to be able to define your wants and needs but now is the time to put your list to action.  Your Real Estate Agent should have the capacity and resources to build your list parameters in a search service, which sends you listings as soon as they hit the market.  Again, a point worth making, currently the Louisville real estate market is the best it has been in over ten years. There are roughly 3,000 active listings in the Greater Louisville Association of Realtors.  To put in perspective 5 years ago at this time there were roughly 6,000 active listings in the Louisville Real Estate Market. The most impacted homes are starter homes and move up homes.

Your Realtor should be a full time real estate agent who works, constantly, in the system and within their network of resources, to deliver homes which would fit in your search.  The days of waiting for the newspaper, driving around searching for signs in yards and attending agent hosted open houses are over. The speed of the internet exposes the need for a full time and capable real estate agent in the Louisville area.  It also reveals the need for a full time real estate team to be working exclusively for you.

In general, and especially in this market the need for buyer representation contracts is also valuable.  If you sign a buying contract with a real estate agent and their team, you are asking them to take on the fiduciary duty to represent you as a client and to deploy their vast number of resources on your behalf.  Remember, agents work on commission and many top agents, frankly, will not give you the attention you need in this market if you are not fully committed to their representation. A contract is there to protect both parties.  

In addition, you are depending on your real estate agent to help you find a home, and their most valuable resource is the local multiple listing service (MLS). Zillow and Realtor.com are good sources but they are often inaccurate, depending on dated data and often time lag behind the local MLS.  I cannot count the number of times a buyer has fallen in love with a home on Zillow, which was under contract but marked as active in Zillow.

Lastly, on this point, your real estate agent or the team you chose to work with must be available.  If a “hot listing” comes up, you may not have days to wait to see it. If your real estate agent is not a full-time agent or he or she works with a team of full time agents, you may have to wait for him or her to get off work, decreasing your chances.  I know this seems arbitrary but I cannot stress enough how fast the current real estate market in Louisville is moving. Make sure your real estate agent or team has the capacity to get you to a showing as soon as possible. This is the only way you can position yourself to make a solid offer on a house you want to make a home.

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Filed Under: Featured Homes, Louisville Real Estate, Real Estate Agents, Realtor

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My husband and I highly recommend Jennifer and Jimmy Smith, The Jewell Smith Group! They have been a blessing from God, truly. We could call on them at any time, and they would happily answer any questions or concerns that we may have had. They helped us find the perfect New Construction for our family! We can’t thank you guys enough!!! You all will be our lifelong Realtors!!!

Gabrielle Robertson
 

Very helpful and very quick responses! Our house sold in pretty much less than a day! Also, they are great with looking for a house and always willing to meet up!

Molly Laws Mershon
 

You'll find professional, caring individuals here that want to listen to what you want to achieve then define what is possible in today's market. Great people to deal and very detailed oriented who will guide you in buy / sell your home. Make sure you consult with Jennifer and Jimmy when you feel it is time to buy / sell.

Nick Ellis
 

Great team to work with! They have helped us buy and sell land and houses over the last 7 years! We have referred multiple friends! Love them!

Lindsey Shapuras-Graves
 

Jimmy did such a great job finding my daughter a great starter home! Such an easy experience

Sondra Apanewicz
 

So this just happened! This week I sold my very first house and purchased my new home. It was a long processed but God is more than faithful and surpasses my wildest thoughts and dreams. I am so undeserving but he continues to shine his light on me and I am more than grateful! Here’s to new beginnings... The Jewell Smith Group

Whitney Hodge
 

I was referred to Jimmy & Jennifer through my mom. They were there every single step of the way. No matter what they were doing they made sure to answer my call and reassure me everything was going well. They found me my home on the first day hunting. They got the price lowered, got the seller to pay closing costs, and had them repair everything that came back on inspection. Jimmy & Jennifer are a great team and amazing at what they do. I would definitely recommend to anyone house hunting or looking to sell. They make it less stressful and put some fun into it. They even purchased me 3boxes of diapers of closing day. I can't thank you enough for all you have helped me accomplish this past month! I will definitely be back when it comes time to sell and find a bigger home!

Ashley Apanewicz
 

Beautiful - this is an amazing transformation! We lived in this house for ten years back in the 80s-90's. (moved out 20 years ago)

Wayne N Carolyn Arnold
 

I can't say enough about Smith Reality!!! Jennifer went above and beyond in helping us sell our home last year and our parents home, recently, within 24 hours!! She's quick to answer calls and any question you may have! Very easy to talk to as well! Don't hesitate to contact her with any real estate needs - she's your girl!! Thanks again Jennifer, for everything!!

Melissa Blakeman McGrath
 

By far the best! Highly recommend! The professionalism, hard work, dedication and commitment of Jimmy and Jennifer is second to none!

Gary Motley
 

This team helped us find our home very quickly! They were extremely helpful throughout the entire process which helped us to relax without the stress. I'm thankful for this team and all of their support!

Shelby Marie Wilson
 

I HIGHLY recommend The Jewell Smith Group if you need a motivated Realtor. They will never let you down!! Jennifer sold my parents home within 24 hours. Thank you guys for everything, I cant thank you enough!! You guys are AWESOME!!

Tammy Goodlett
 

Loved our experience with Jennifer, my husband and myself were first time home buyers, and she made it super easy! Never complained about the 5 million questions I had and was always on top of everything! Will use again if we move!

Casey Collett
 

I highly recommend the The Jewell Smith Group. Jennifer was very knowledgeable and helpful throughout the entire process of selling my Mom and Dad's house. Thanks Jennifer for all you did for me.

Sharon Lowen Mudd
 

Jennifer did an amazing job selling my first house...it sold in 10 days for more than the original asking price! Would highly recommend!

Stephanie Smith
 

We absolutely loved working with Jimmy Smith i have bought and sold a lot of homes over the years and this was my best experience of all. I would give the The Jewell Smith Group a A+ (Awesome Team Work)

Dean Johnson
 

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