Address: 422 South Main, Newcastle, OK 73065
Ask a Realtor...
...and what they'll ask you.
Interested in learning more?
1. What does it cost to use a Realtor?
The normal fee for a real estate transaction in Oklahoma is 6% of the home's selling price. However, commission is not set by any governing agency and can be negotiated. This fee is split between the Realtor who lists a home and another Realtor who sells (or brings a buyer) to the listing Realtor. That fee covers all the time, advertising, expenses, and expertise provided by your Realtor.
2. Who Pays a Realtor?
A Realtor is normally paid by the seller of the property.
3. What does a Realtor do?
A Realtor acts as a third party to help you find a home that meets your needs. They will advice you of the market value of your current home or the home you are purchasing, assist you in the process of getting a loan, negotiating and writing a contract, and closing your home. Depending on whether a Realtor is listing or selling a home, their duties range from marketing, research, legal paperwork, coordinating inspections, getting needed paperwork to lender and title company, and assisting you with showing your home or viewing homes.
3. What do I do first if I am needing a new home?
Find a Realtor to guide you through the process. You will need to get pre-qualified with a mortgage lender and find out what price of home you can qualify for. Then let your Realtor know where you wish to live and what your home needs are. Let your Realtor know what is important to you, your time frame, how much you wish to spend, and times when you can be available to view homes on the market.
"How soon do you need a home?"
"What do you want your monthly investment to be?"
"What area or city do you want to
"Do you have a home you need to sell before buying a new home?"
"Have you been pre-qualified by a mortgage lender or bank yet?"
"What features are you looking for in a home?"
"Do you desire new home construction or a pre-existing home?"
"Is there something specific you must have in your new home?"
Questions a Realtor Might Ask!