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What is Your Real Estate Agent Doing For You?

April 18, 2018 by Jimmy

Thing #6

Works for you Full Time.

Deciding to buy a home, whether it is your first one or a retirement home, should always be done with a professional FULL TIME real estate agent.  I cannot emphasize enough the importance of using a real estate professional in the Louisville real estate market, even more so with the current market conditions.  There are assumptions and misconceptions made about the role of a real estate agent. Many times, I find the assumptions are wrong and the misconceptions based on poor experiences by others.  There are exceptions to the rule but I tend to err on the side of the rule, not the exception.

A real estate agent is hired by you to find the house.  Asking you to sign a buyer’s agreement is only a contract to that decision.  Would you expect to start a renovation or rent a home without signing a contract?   All professionals use contracts. Your real estate agent needs to be full time and have many years of experience.  If they are not a veteran agent, be sure they work with an experienced team. The truth is, virtually anyone can get a real estate license.  The other truth is, there is high turnover and many more bad agents than good. Most times real estate agents are put in a “feast of famine” situation by brokerages and the actual brokerage does not take much care in training agents and supporting them along the way.  I totally get new agents may be superstars in the making but be sure they have the support of a hands-on brokerage or team. There is also a segment of the real estate population that includes part-time who moonlight as agents. Again, there are exceptions, but if they are not working in real estate full time, their skills will not be as polished as a full time real estate agent.  Full time real estate agents have years of human capital and professional infrastructure in place to find homes in Louisville not yet on the open market.

“I can get a better deal” if I use the listing agent is a serious misconception.  The listing agent is working in the best interest of the seller.  They have an agreement in place to pay for the buyer’s agent commission.  Technically, the seller is paying for you to have representation. If the listing agent then also represents you as the buyer you are only helping the agent double his or her commission.  The commission is set before the house is listed and is never, never neva eva paid buy the buyer. There are agents who, when representing a buyer, will ask for a buyer fee or an additional buyer commission.  THIS SHOULD NEVER HAPPEN!!!

My final thoughts on this topic are please conduct interviews with 2-3 agents before you decide which real estate agent you want to represent you.  The real estate agents who appear on Zillow adds pay to be there. Not all real estate agents are the same, there is a wide variety. You should choose one who you trust will have your best interest in mind.  It is not going to cost you extra money to have buyer representation but it could cost you greatly if you don’t. You have professionals work on your car, help you make health decisions, you should also have one when making the most important financial decision.

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

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The Jewell Smith Group is a place of relationships and Customer Confidence. Our agents work with clients making the biggest financial decision the easiest. It takes trust, commitment, and collaboration to make buying and selling a home more than a transaction.

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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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