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Archive for August, 2009

Choosing a Real Estate Agent in Oregon

Friday, August 21st, 2009

If you are buying a home in Oregon , choosing an Oregon real estate agent may be the most important decision you make. A good real estate agent can help ensure that you are notified of homes that meet all your criteria. A good agent will also answer your questions and will walk you through the buying process, which is an invaluable service for first-time homebuyers. Despite all this, most buyers choose their agent in a completely haphazard way, simply falling into a relationship with the first real estate agent they encounter. A much better strategy is to do some sleuthing to uncover the agent who will truly help you find that perfect property. You can find the right professional by:

1) Interviewing candidates. It may seem like a lot of work, but comparing different real estate agents from different agencies can quickly show you which agents you respond best to and which ones seem to offer the best service. Interviews also allow you to assess experience, education, and other factors important in a good real estate agent.

2) Checking qualifications and sales. Look for a real estate agent who has some experience and has been on the job long enough to have expertise in the area. Ideally, you want someone who has worked as an agent for years in the same area and has an impressive sales record. In every community, you will generally find a few agents who perform very well because they know what they are doing and are good at what they do. Look for these agents and check to make sure that no complaints have been filed about them with the State Board of Realtors.

3) Lining up personalities. Buying real estate is highly emotional, so it is important to find someone you are compatible with. Look for a real estate agent you can really communicate with. If your personalities do not match, you may feel that your real estate agent is not doing enough for you and your real estate agent may get frustrated that you are not placing any bids. Find someone that registers a high comfort level with you and you can avoid these problems.

4) Making sure that your real estate agent is creative. Your agent will use the Multiple Listing Service (M.L.S.) to find homes, but he or she should also use their knowledge, contacts and experience to find homes that match your needs. You don’t want someone who can simply run simplistic searches you can run yourself from home.

5) Ensuring that your agent knows the area. A real estate agent who knows the area where you hope to buy can help you understand what is available and at what prices.

6) Checking customer service before you enter into a relationship. Real estate agents are busy people, but they should still be able to offer you good care. Your phone calls should be returned, your concerns should be addressed and you should be able to contact your real estate agent when you need to. If your agent uses an assistant, you need to ensure that it is the real estate agent themselves who will handle all work with contracts as well as the closing. That is what you are paying your real estate agent for. Stay away from agents who seem distracted, disorganized, and are not able to interact with you personally. You may find that your home buying experience suffers with these sort of agents.

The good news is that there are plenty of terrific, highly qualified real estate agents out there. Now that you know what to look for, you can hunt them up and have superlative help when it is time for you to buy property.

Luke Rummell, leading Real Estate Agent in Oregon, is serving The Oregon Coast from Astoria, to Lincoln City – the Oregon exclusive buyers agency only.

Vacation House Rental, or Resort Hotel

Tuesday, August 11th, 2009

There are pros and cons to choosing a vacation rental over a traditional hotel or resort and it’s definitely not for everyone. However, over 30 percent of all homes purchased in 2006 were vacation rental homes, and like it or not, these accommodations are gaining popularity.

In most cases a vacation home will give you more space, comes with a fully-furnished kitchen and laundry facilities, and is more economical than a high-end resort hotel. If the unit is part of a resort or condo complex, you may have the use of additional recreational facilities such as a swimming pool, hot tub or tennis courts. Depending on the rental, many include amenities such as beach towels, coolers, lawn chairs and boogie boards.

You may have to forfeit maid service (or pay extra for it), room service and on-site restaurants. Sometimes you have to bring your own linens, but most places do supply them.

The longer you stay at the rental the cheaper the rate, and often times the renter may throw in a free night or some other incentive. At our particular rental, the management offered one free night if we returned within a year. The other obvious perk is the money you save on meals by doing some of the cooking yourself.

House rentals can be booked directly over the internet through one of the many sites specializing in vacation rentals. They also provide pictures and details of the property and most are very quick to respond to any questions. Some sites provide the phone numbers of the owners, and it may be worth contacting them directly to try and negotiate a better rate.

There is a different feeling about staying in a rental home over a hotel. It allows you to imagine actually owning a villa on the beach in Barbados or some other luxury destination. You become intermingled with the local culture as you shop for groceries, visit neighborhood markets, or hang out at nearby cafes.

If you’ve ever wanted to live like a millionaire, you can split the rent with a few friends and secure a luxury beach front villa that may otherwise run you millions of dollars to buy. Spend some time soaking up the sun and then go home to reality.