Lacombe AB Directory
Lacombe real estate setting record
pace
There have been few times over the years in
which Lacombe has had the tremendous real
estate growth as it is enjoying now. After
the third quarter of 2006 and the Town of
Lacombe residential permits had surpassed
any other prior real estate building year.
Not only are residentials up, but an influx
of agricultural and industrial business
interests have also staked their claim to
bring more business and jobs to Lacombe.
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Lacombe Real Estate Agents - The
Lacombe Real-Estate Agents
Real estate agent
All about real estate agents
Real estate agents are
professionals who help in connecting the
buyer to the seller. A lot of real
estate agents also do rentals wherein
they connect tenants to landlords and
even maintain the property on the behalf
of the landlords. The real estate agents
work by linking together the two
interested parties and charging a
commission for their services. For
sales, they charge commission only to
the seller but for rentals (i.e. agent
managed rentals) the commission is
charged to both parties involved in the
transaction. Real estate agents
generally calculate their fee as a
percentage of the selling price (in case
of sales) and as part of the rent (for
rentals). People, who want to sell/let
their property, leave the details of
their property with the real estate
agent (and in fact, even leave the keys
of the house so that the real estate
agent can arrange for viewings without
them getting into any hassle). The other
interested party (i.e. the
buyer/tenant), gets access to this
information by contacting the real
estate agent. That’s how the real estate
agents become a hub of information.
A lot of home seekers (including real
estate investors) use the services of real
estate agents not just for getting good
deals but also getting them quick. Since
real estate agents are probably most
familiar with the market situation in their
region of operation, it makes sense to
approach them to get an idea of the going
rate for properties in that region. Real
estate agents would generally know the
prices of various properties of different
types and at various locations in the
region.
A property seller can possibly get a few
thousands more for his/her property by using
the advice received from a good real estate
agent. A good real estate agent will also
analyse the needs of a home buyer/tenant and
provide suggestions on what kind of home
could be available to them within their
budget. So a good real estate agent will not
just throw a list of available properties to
the buyer/ tenant but will actually discuss
their needs and make a suggestion. This, in
fact, works in the favour of real estate
agent in two ways. Firstly, if the real
estate agent is able to sell the house they
get their commission and secondly, if they
make the buyer happy too they earn a good
reputation (and hence more business).
However, it is worth noting that real estate
agents work on seller’s behalf. So, beware
if they are trying too hard to sell a
property.
Lacombe
real estate continued...
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