Who’s Who in a Real Estate Transaction
Buying or selling your Parkland County acreage or your Spruce Grove, Stony Plain, or Edmonton area home is likely to be the biggest financial transaction of your life. Many different professionals may be involved, and it can be confusing to you, the client, as to what the roles of all these people are and how they can be helpful to you.
A short but very useful and informative video on YouTube entitled “The People to Know in a Real Estate Transaction” explains such things as:
- the difference between a listing agent and a selling agent (and to whom they owe loyalty);
- the difference between a mortgage broker and a mortgage banker;
- what things a home inspector looks for, and how the role of a home inspector differs from that of a home appraiser;
- why it pays to use a real estate attorney to complete your sale (required in Alberta when REALTORS® are involved).
Although the video is aimed at an American audience, the information is still mostly applicable to our situation in Alberta.
Need more information? I’ll do what I can to find the answers to any of your questions. Call me at 780-910-9669, email me barry@barryt.ca, or contact me here.
Tags: acreages, edmonton real estate, home buying, home sales, Parkland County acreages, parkland county real estate, spruce grove real estate, stony plain real estate, Tips For Home Sellers