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It is not surprising that most homebuyers hire a REALTOR® to help them find a home. Without one, in the time it takes you to find and buy a home, you would have to learn and put into practice a special set of skills real estate professionals spend years honing. From finding a home and matching you with adequate financing, to negotiating the contract and closing the deal, the real estate agent's numerous duties and responsibilities reflect the often-esoteric nature of home buying. Ultimately, you can expect your agent to guide and assist you through this home-buying adventure. In this case, Christine will help you avoid potential pitfalls, and in the end, hand you the keys to your new dream home. 
- To help you buy a home, your agent must have a vast working knowledge of the real estate market, including price trends, neighborhood conditions and amenities, real estate law, zoning issues, financing, taxes, insurance and negotiating. The best agents are also "street smart" in the psychology of home buying and the stresses that accompany it.
- During your initial meeting, agents typically help you determine the viability of your wants and needs in both a neighborhood and a home. The agent will help you learn how much you can afford, help you find suitable financing, clue you in on current market conditions and tell you what to expect as you shop for a home. Your agent will also devise a strategy or shopping plan based on your needs, how much you can afford and current market conditions.
- As you shop for your home, you will likely meet with your agent to tour available properties and discuss myriad details, including a home's pertinent selling points, floor plans, the neighborhood's crime rate and community proximity to schools, shopping centers, cultural activities and work centers.
- The agent is responsible for obtaining disclosures, making sure home inspections and repairs are completed and coordinating the activities of your lender, attorney, roof inspector and other professionals engaged in your purchase. If bargaining over the price is necessary, your agent will be your negotiator, and when it's time to sign the final closing documents, he or she will accompany you to make sure all the "I's" are dotted and the "T's" crossed.
- When you have a question, concern or idea as you shop, your agent will respond either directly or by referring you to someone who can help.
 How agents are paid Once you find your home and the deal is sealed, your agent is most likely paid by commission. Typically, the seller pays the commission, making realty services "FREE" to the buyer. The listing broker, for whom the listing or seller's agent works, typically requires that sellers pay 5 percent to 7 percent of the sales price. Because most real estate transactions involve two brokers - the broker who finds the buyer and the broker who finds the seller -- the commission is generally split 50-50, between the two brokerage offices. Then, within each office, the agent who handled the transaction gets a share, usually half of the 50 percent or about 1.5 percent. Furthermore, the buyer's agent contract stipulates that the agent works exclusively for you, and will work with your best interests at heart. Avoiding dual agency More and more, buyers hire a buyer's agent, especially in hot competitive seller's markets and to avoid what's called "dual agency" -- an agent, brokerage or company representing both the buyer and seller. It's only natural for an agent to attempt to sell you listings from her brokerage or company. Legal in many states, dual agency nevertheless comes with an inherent conflict of interest as the agent, broker or company attempts to fairly exercise fiduciary duty, represent two opposing clients and collect the full commission. Some buyer's agents, however, split their time acting as a listing agent. Conclusion With so many different types of agents to represent you, take great care in selecting an agent to meet your needs. Ask family, friends, co-workers, other professionals you have hired and others you trust for referrals to agents who have recently satisfied their needs. Be sure to check out Christine Hendricks’ client testimonials on this website.  It's our job to know EVERYTHING about Indianpolis, Carmel, Zionsville, Westfield, Fishers, Geist, Noblesville, Brownsburg and Avon! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
Zoning Laws >Keeping an Eye on Zoning Decisions
Zoning classifications are the most important tool that a local government has to control the way land is used in a community. Areas designated as residential may have further controls on housing density for single family homes, townhouses or multiple-family houses. There are usually areas set aside for industrial, commercial and recreational purposes. Zoning boards spend their time listening to requests for exceptions to these rules or hearing arguments from parties who want to change or bend the existing zoning regulations.
These zoning decisions have a major impact on the surrounding neighborhoods. Citizens' groups often get involved in testifying at hearings on proposals that could affect their property values or their quality of life. These groups help create interest about issues in the local press and work to educate their neighbors about matters affecting them. Developers who go before a zoning board seeking major changes are wise to involve the local neighborhood group in formulating proposals that will affect those homeowners.
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| Q |
What is the average age range of a second-home buyer in the United States?
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| A |
Currently, second-home buyers in America are most often between 41 and 44 years of age. |
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