There are things you should know about a professional Realtor before you enter the real estate market. In Newfoundland, when a professional Realtor works for a buyer the primary objective is to serve the client well. The relationship with your Realtor is one that should benefit you more than it benefits the Realtor.

Here are five things you should know about a professional Realtor that will enable you to gain the most when purchasing a new home in Newfoundland.

1. Your Realtor works in the real estate business to provide an income for himself and his family. Most Realtors get paid on commission basis.  He is motivated to work for you because he will receive a real estate fee when the sale has closed.  Don’t let this alarm you.  Commission is a normal and healthy remuneration structure for many industries and one that actually works in the best interest of you the home buyer.  You will get better service because of it and you won’t even have to pay for that service.  How good is that?  The seller pays the real estate fee and your own agent gets a portion of it.

2. Even though this is true, a professional Realtor does not want to “sell” you a home. Real professionals put their client’s interest first.  In the spirit of professionalism this basic value moves a professional Realtor to help the client “find” the right home instead and get the best deal possible for the home buyer.  Commission based sales is the nature of the business yet a true professional will not allow the amount of commission influence a recommendation to you as the buyer.

3. Professional Realtors stay up to date and knowledgeable in order to give you the facts. They keep up with changes in the regulations around trading in real estate and they are prepared to advise you well and to act in your best interest at all times.  Negotiating without accurate information is a sure way to get tied into the wrong deal.  A professional Realtor will keep you from making a serious mistake in your real estate transaction.

4. Your professional Realtor works for many clients at the same time. Some of these clients will be sellers and some will be buyers.  You may be interested in a home that belongs to a seller who is also a client of the same company or Realtor.  This is will create a dual agency situation. As there are special rules to follow around dual agency, ask your Realtor to explain them before you look at a home listed with your agent’s company.  Knowing how dual agency works is in your best interest.

5. A professional Realtor will represent your interests throughout the negotiating process.  He has a primary fiduciary duty to you as a buyer.  You are entitled to as much information about the property you want to buy as you would like to have.  It is your right and prerogative to ask as many questions as you like.  So get the information you need before you make a buying decision.

Buying a home should be an enjoyable experience and if you have the right professional Realtor, it can be one of the most rewarding transactions in your lifetime.

This spacious home at 91 Skinners Road, Portugal Cove-St. Philips, Newfoundland, Canada, A1M 1S2 is a very attractive family  home! In the last couple of years the roof, windows and doors have been upgraded and there have been hardwood floors, ceramic tiles, and laminate floors installed recently as well.  Asking $259,900. MLS

There is a propane fireplace in the living room, and a beautiful bright kitchen with oak cabinetry.  The dining room overlooks the sunken living room and is large enough for the whole family.

Each of the bedrooms are spacious and the basement has development with a rec room with a den and lots of storage.  This beautiful home is priced to sell quickly. The photos below will give you a little idea of what you will see but you really need to visit the home to appreciate all that it has to offers.

The shed out in the yard is no”baby barn” either.  There is tones of room in there.  And all this is only 10 minutes into the country just beyond the boundary of St. John’s, Newfoundland. For excellent value in Newfoundland real estate, this one is worth a look!  Call R. Greg Osmond at 895-2500 today.  Professional real estate service is just a phone call away!

© Copyright R. Greg Osmond 2010.

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About the Author: R. Greg Osmond is a Platinum Award winning Realtor dedicated to serving the people of St. John’s, Mount Pearl, Paradise, Kilbride, Goulds, Conception Bay South (CBS), Portugal Cove - St. Philips, Torbay – Flatrock – Pouch Cove, and Logy Bay - Middle Cove - Outer Cove, Newfoundland and Labrador.  For over 21 years Greg has been practicing in Real Estate. He can be reached at 709-895-2500.

Want to get in touch? Email rgosmond1@gmail.com. For more information, please visit http://www.rgregosmond.com. Thinking of selling your home? I have a passion for helping my clients with buying and selling real estate!  If there is any way I can be of service to you today, please feel free to contact me!