Greetings and Happy Holidays!

Something occurred to me today enough for me to post a blog around this topic.  This is something that seems to come up every time when speaking to people and especially around customers that are thinking about purchasing or selling real estate for the first time.  While speaking to the customer today, it dawned on me that no one really knows or understands the different representations a real estate agency can offer.  Unless you have worked with an agency before, it would be good for you to know the types of representations you are agreeing with especially if you are about to enter into an agency’s service contract. 

In real estate, this information in the form of a document, is presented to a customer known as a “Consumer Relationship Disclosure” in Massachusetts.  Other states will have a similar title.  It’s not considered a contract this just states what’s the relationship between the client and agent.

The types of agency representation a real estate brokerage usually offers for agents to represent you as a…

Seller’s Agent

Buyer’s Agent

Facilitator 

Designated Seller’s and Buyer’s Agent

Dual Agent

You can view and learn about the types of agency representation by viewing directly the “Consumer Relationship Disclosure” for Massachusetts.  Also keep in mind agency relationships may vary from state to state.  So what can you do to understand more about the agency representations?  Contact HFM Realty Today!

The Broker

Howdy!  

Welcome to the approaching FALL 2020.  It’s been a busy time for HFM, crunch time for most!  So what can you do to prepare yourself for the FAll Market as a Buyer to help you get the home that you want? 

It’s best to have your representation in place.  Well, your Realtor is all set…that’s us HFM!  But what about other representation that you would need?

It’s making sure you have financing and legal representation! 

It’s important that you know how you will pay for your new home even before you have your HFM Realtor show you homes.  You’ll be wasting a lot of time if you do not know how much you can spend $.  So it’s important that you receive a pre-approval letter from a lender on how much $ you qualify for a loan.  When our HFM Realtor has your proof of funding, he or she can begin sending you homes in your price range.  And no, this market does not work that you have a specific amount of funding and a Seller should take the amount you offer.  This is a very courteous business, your HFM Realtor with help you how to offer on a home.  We are here to help you out.

These 3 lender referrals can help you and you are free to give them a call!

Caroline Dahl

RMS

781-801-9309

Rob Proulux

Northpointe Bank

401-265-8965

Mellyssa Coutinho

Harbor One

508-895-1191

For legal representation, there’s usually a lawyer on the Buyer’s side and on the Seller’s side.  It’s important to have one because essentially dealing on a home sale is all about following the sales contract terms.  A Buyer’s lawyer will go over the contract language with you and even add additional language to help protect you, the Buyer.  And the Seller’s lawyer will do the same.  As tedious this process may be between lawyers, it’s needed, and it’s needed to ensure that both sides follow the legal terms of a sales contract, and what needs to be done by both parties is crystal clear in writing.  Our HFM Realtor will also help you with this too!  

When you have an agreed offer working with your HFM Realtor it’s time to lawyer up if you don’t have one!  Feel free to contact these 3 referrals to help you out.

Law Office of Jeffrey M. Frankel

617-302-4321

Aviv Shamash, ESQ

617-431-2072

Scott J Fitzgerald Attorney

781-924-5326

So, at this stage you are just beginning your sale.  But you know what?  You did it and you’re on you way to being a home owner!

www.HFMRealty.com

Need answers where to start for buying your first home?  It's a process that can pull you in all different directions when seeking advice. The very first thing you would want to find out is your buy power in getting a pre-approval for a mortgage from a qualified lender.  Who can help you with that?  An HFM Realtor can help you make suggestions on who to contact. Not All lenders are equal, it would be best to find one who is competent in doing their research to make sure you qualify for financing.

Hire an HFM Realtor Today!

An HFM Realtor can certainly point you in the right direction to assist in selecting a lender. Not all lending products are the same, and by working with an HFM Realtor can help you find properties meeting your criteria, price range, and homes fitting the type of loan approval you have. Our agents will give you MLS searches and present homes to you in a way when you go home shopping you'll get an idea of the homes on the market, styles, prices, and home information. 

When you do get your mortgage pre-approval, have fun letting an HFM Realtor book home showings for you! When you find your dream home we'll make an offer on your behalf as your buyer's agent.  Happy House Hunting!

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We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.