In the US, a realtor’s participation in a transaction is not mandatory, but it is recommended.
Firstly, in the US, all realtors have access to a single listing database (MLS – Multiple Listing Service), with which you can find all current offers on the market.
Secondly, the realtor’s fee in the US is paid by the seller. The amount of remuneration for his services is immediately indicated in the general realtor database MLS.
It turns out that it is not even profitable for the buyer to refuse his services: he will simply lose an assistant and will not save anything.
A realtor will represent your interests all the way from the beginning of the search to receiving the keys to a new home. Here is what he does for the buyer:
- helps in finding a suitable option and determining the real market value;
- bargain with the seller to get a more favorable price;
- helps in preparing all the documents, choosing a lawyer, technical inspector and other specialists necessary in the purchase process.
Russians are among the key foreign buyers of real estate in some US states, such as New York, Florida and California. Therefore, many local agencies have employees who speak fluent Russian. Real estate in the US can also be found with the help of Russian agencies operating on the international market.