Certainly home mortgage rate information is important to consider while you evaluate your options. Here are some resources to help you along the way:

Why You Need A Real Estate Agent (and What Your Agent Should Do For You)
By Alex Peterson
Whether you’re buying a new home or selling your existing property, working with a licensed real estate agent will ensure that your transaction is handled quickly, efficiently and with a good end result.

A real estate agent can either be a buyer’s agent or a seller’s or listing agent, depending on their client’s need. Although a single agent may list property for sale and also work with buyers, each role will be a little different. To understand why you need a real estate agent and what your agent should do for you, let’s take a look at each agent type.

Buyer’s Real Estate Agent

When you’re ready to buy a home, getting help from a real estate agent will expedite your search. Your buyer’s agent represents your interest during the entire real estate transaction and will work hard to make sure you get the best bang for your mortgage buck.

Your is an absolute asset when it comes to researching available homes for sale. She should have geographic knowledge and neighborhood familiarity, along with school information and other insider info. He will also have a network of related professionals to assist you in completing your real estate transaction, including mortgage lenders, title companies and inspectors.

When you are ready to make an offer on a home, your will generate the paperwork to present to the seller and will negotiate on your behalf until you are either satisfied with the terms of the sale or are ready to continue looking.

Once your offer is accepted, your real estate agent will help navigate each step in the closing process. If you weren’t pre-qualified for a home loan, she will also work with you to gather the necessary elements to obtain a mortgage.

In short, your buyer’s agent will walk you through each step of the buying process while handling more details that you could ever imagine.

Seller’s Real Estate Agent

When you’re ready to sell your home, finding a listing agent is the first step toward success. Your listing agent will evaluate the market and help you price your home accordingly. He will also

Illinois and Wisconsin Mortgage Rates as of 07/03/2008 9:51 AM CST : Current Mortgage Rate Trend: steady
30 Year fixed: 6.500% (6.565% APR) 15 Year Fixed: 6.000% (6.089% APR) 3/1 Jumbo ARM: 6.750% (6.822% APR) 5/1 Jumbo ARM: 7.250% (7.324% APR) 5/1 ARM: 6.125% (6.188% APR) 3/1 ARM: 6.000% (6.062% APR) 30 Year FHA and VA: 6.500% (6.687% APR) 30 Year Rural Housing: 6.500% (6.687% APR) 3/1 ARM Lot Loan: 6.625% (6.773% APR) 1/1 ARM Lot Loan: 6.475% (6.662% APR)

make suggestions for improving the exterior and interior of your home to make it more appealing and saleable.

Your agent will list your home for sale on the Multiple Listing Service and get the word out about your home to other agents. She may hold an open house for other agents and host events to attract potential buyers. Like a buyer’s agent, your seller’s agent should have neighborhood familiarity, school information and other insider info to share with prospects.

While marketing and selling your home, your will accentuate the positive aspects of your property and downplay its shortcomings. He will ceaselessly show your home and stay in constant communication with you. And when an offer is made on your home, your will provide experienced advice on whether to take the offer, submit a counter-offer or reject the offer completely.

When a legitimate offer is made on your home, your real estate agent will show her true value by negotiating every detail to your advantage. At this point, you should have enough faith in your agent to trust his recommendations regarding the close of your sale. And then, put the paperwork in your realtor’s hands.

Although some homeowners do put their house on the market for sale by owner, paying the associated fees to have a professional handle your sale makes a lot of sense in today’s competitive market.

The Bottom Line on Real Estate Agents

As you can see, the role of a buyer’s agent and a seller’s agent are distinctly different, yet their paths intersect with each real estate transaction. Whether you are buying or selling, a professional real estate agent will be your ally from start to finish.

Alex Peterson writes for ZipRealty. ZipRealty provides home buyers and sellers with an innovative solution. ZipRealty has streamlined the real estate process and is able to pass significant savings to its clients.