Frequently Asked Questions

Frequently Asked Questions

What Does a Realtor Do?
A Realtor plays a crucial role in the home buying process. They guide you through every step, handle much of the work, educate you on options, and represent you throughout and beyond the transaction.
How Much Do I Pay a Realtor?
Whether buying or selling in New Jersey, real estate licensees are required to have a signed agency agreement with all buyer and/or seller clients, which is a contract creating a fiduciary relationship and ensuring a clear understanding of expectations and responsibilities between the parties. All buyers and sellers individually have the right to negotiate with their Realtor an agreed upon brokerage commission to be paid for the services provided.
How Much Do I Need To Buy A House?
The amount you need to buy a house depends on several factors including your down payment, loan amount, interest rate, and potential down payment assistance. Consult with a lender to get an accurate estimate based on your situation.
What If I Want To Sell AND Buy?
No problem! A Realtor can help you sell your current home and buy a new one, ensuring a smooth transition between the two transactions.
What If I Don’t Qualify To Buy A Home?
If you don’t qualify to buy a home right now, there are other options available. Your Realtor can provide guidance and assist you until you are ready to buy. Programs like Lease With The Right To Purchase can also provide a path to homeownership.
Do I Need a Realtor When Buying New Construction?
While it is optional to have a Realtor when buying new construction, having one ensures that you are getting the best representation and care. Keep in mind, you need to have your agent present when you visit the builder if you want someone to represent you.

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