Jeff Thomas: I am Jeff Thomas, a Mortgage Advisor with Family Lender Inc. Today, we are going to discuss the process you go through to find a house and the mortgage process itself. To tell you a little bit about myself, I have been in the Mortgage Industry for 15 years and recently I co-authored a book with Todd Ballenger called Borrow Smart Retire Rich. There are seven parts for the book, which we will discuss at the end of the video. Today we are going to discuss the process that you go through on how to find a house and the find a realtor?
Host: What do I look for in a Realtor?
Jeff Thomas: The first thing want to look for is a full-time realtor; part time realtor is probably going to have more households than you are going to want. But the most important part of that is just because you are working with the real estate agent it doesn’t mean you are working with a realtor.
A realtor is somebody that is a member of the National Association of Realtors. They subscribe to a code of ethics on how to deal with you and how to deal with the transaction.
The next part of that is you want somebody that has probably gone to and takes some extra classes either a GRI, which is a Graduate of the Realtor Institute, an accredited buyer’s agent. You want people that have taken the time and spent some money to increase certain knowledge, so they can better serve you either
A. Through home finding or
B. Through negotiations.
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