Buying or selling a home? It’s an exciting process that can often feel overwhelming. But fear not! Knowing that there is a team of professionals working together on your behalf to ensure the transaction goes as smoothly as possible can help you feel more confident and prepared. Let’s take a look at the roles each professional plays in a real estate transaction and what goes on behind the scenes.
The Real Estate Agent
The real estate agent is oftentimes the first person you think of when considering buying or selling a home. They are great resources for finding homes that meet your criteria, understanding market trends, and navigating negotiations. Most importantly, they are there to make sure your best interests are taken into account throughout the entire process.
The Title Officer
Once an offer has been accepted on a property, it’s time to start the title search. This is where the title officer comes in. The title officer researches public records to determine who owns the property and if there are any liens or encumbrances against it. This helps ensure that all parties involved have clear ownership rights to the property before closing takes place.
Finally, we have the lender — without them, closing day would be quite different! They provide financing options based on an individual’s unique financial situation and creditworthiness (for buyers). Additionally, lenders must comply with complex federal regulations which involve appraisals and other documents required for closing day.
As you can see, there is a lot going on behind-the-scenes during a real estate transaction! Having an experienced team of professionals by your side makes all the difference when it comes to ensuring everything goes smoothly from start to finish. So if you’re considering buying or selling a home soon—rest assured knowing that these dedicated professionals have got your back every step of the way!
Special thanks to Mckaela, Ashlyn and Shelby for joining us on this episode.