1. The Seller
The seller is the legal owner of the subject property that is listed for sale. It could be an individual, or an entity—home buying company, financial institution, homebuilder, or even a housing development company.
The home seller usually hires an agent to manage the home selling process. At times, the homeowner may act alone, in which case, the property is advertised as “For Sale by the Owner.”

2. The Loan Officer
A loan officer is a representative of a bank or any other financial institution. He or she will examine your financial information and credit report to determine if you qualify for a mortgage, and will even help you get pre-approved for the loan.
Pre-approval is important to the homebuyer because it shows the seller/agent how serious you’re about buying the house. If your loan application is not approved, the loan officer can also guide you on what to do to improve your credit score.

3. The Lender. The lender is often an institution, rather than an individual, who provides you with the financing you need to purchase a home. It could be a commercial bank, credit union, savings & credit institution, or any other type of financial institution.

These institutions rely on the information availed by the loan officer to qualify you for a loan/mortgage.
It’s best to visit the lender before embarking on your home hunting journey. The lender will pre-qualify you for the amount you’re financially qualified to borrow and provide you with a pre-qualification letter that you’ll present to the seller.

4. Real Estate Agent
A real estate agent is a licensed professional who represents sellers or buyers of real estate property. Indeed, it takes more than a few months to become a real estate agent, particularly when you factor in licensing requirements. According to the National Association of Realtors (NAR), 87% of home buyers use an agent when buying a home.
So, chances are you’ll interact with a real estate agent when buying your next home. That said, you’ll find two different types of agents when buying a house.

Buyer’s agent Seller’s agent
The buyer’s agent works for the buyer. He or she will help you find your dream home, set up showings, negotiate a fair price for the property on your behalf, and guide you through the legal requirements for completing your purchase.

On average, a buyer can spend a few days going through the pre-approval process, a few weeks shopping for the right home, and roughly 30 – 45 days to close the deal. Your agent will walk with you throughout each step of the real estate transaction process to closure.
In comparison, the seller’s agent works for the seller, and you might not interact with them directly. Also known as the listing agent, their role is to list the property in the MLS and perform various marketing duties for the seller.

Do Buyers Have to Get a Home Appraisal

5. Home Appraiser
Before the lender can approve a home loan, they will require a home appraisal to confirm the value of the home prior to closing. An appraisal is an unbiased estimate of the true value of what a property is worth.
In this context, a home appraiser will review the home and compare it with the prices of similar properties in the area to determine the home’s market value. Although a home appraiser works for the lender, you’re responsible for paying the appraisal fees.

6. Home Inspector
A home inspector is a professional hired by the buyer to ensure the building is up to code. He or she will inspect the property with you from top to bottom and provide a comprehensive analysis of the state of the home’s major components and systems, including:
Walls, roof, and floors Electrical systems Plumbing systems
In the event the home inspector identifies any structural defects, they’ll notify you, and you can use the home inspection report to negotiate a better price. This inspection can also give you insights into repair costs that you’re likely to incur in the future.

7. Title Company
Another very important party in a real estate transaction is the title company.

During the closing process, a representative from the title company will work with you, your agent, and your attorney to ensure the title is clear of liens and encumbrances that may bar the transfer of title. This ensures the person selling the property is the true owner or has the legal rights to sell it, in case the property was inherited.

8. Real Estate Attorney
A real estate attorney is not involved in every home purchase but some states require real estate closings to be conducted by an attorney.
Nevertheless, you’ll need a real estate attorney to guide you on the legal framework surrounding property law. At the very least, your attorney should be able to address some of the concerns you might not have thought of.

For example, what happens if the seller changes their mind at the last minute? What happens if a home inspection reveals a structural defect? If the house has a deck attached to it, was it done lawfully? Your real estate attorney should be able to answer these questions.

9. Insurance Company
Risk management is vital in such a high-value purchase, and that’s why an insurance representative is a must-have party in any property deals. Property insurance is critical as it will help you avoid being hit by a major financial burden in the event of injuries. It also helps to protect your home in the event of a fire, flood, and other natural disasters.
We hope this article will give you insights into the parties you’re likely to interact with when buying a home. Feel free to comment and share.

Please consider spreading the word and sharing The Experience is Real. I specialize in residential real estate here in Roanoke and the state of Virginia. I am to make a difference. Need to sell or buy? I am here to help. Call or message anytime 540-314-5583.

I appreciate you, Frazier

#MAKEADIFFERENCE 🔥#ListingAgent #SellSWVa #ThePositiveRealtor #TheFrazierHughesExperience #Realtor #DaleCarnegie #PodcastHost #SellNoke #KellerWilliams #RoanokeVirginia #Success #ListingSpecialist #roanokevalley #RealEstate #SELLYOURHOME #Realtor #SellingRealEstate #YourRealtor #DaretobeDifferent

Credit for article goes to Michelle Webster of Wellington Home Team here: https://wellingtonhometeam.com/who-involved-real-estate-transaction/?_scpsug=crawled,9166178,en_9db2236e2b324c5a3695b44db2772a7d03d077ac4b4a61e98aba9edbb65dec89#_scpsug=crawled,9166178,en_9db2236e2b324c5a3695b44db2772a7d03d077ac4b4a61e98aba9edbb65dec89


The crazy thing is, I’ll list the house and I have had an offer on it before people have even walked into it. True story of one is my most recent sales here in The Roanoke Valley. Roanoke Real Estate is doing better than ever.

Over 83% of Frazier Hughes Homes Selling

In July there was an 18% increase in average sale price, our average that’s in about the upper $200’s.

It’s really important as well if you see a house on the market and are curious why it hasn’t sold in a couple weeks and typically it’s either overpriced a little, or it’s overpriced! Price makes a huge difference when it comes to listing your home so be ready to adjust it in this demanding market.

Here’s a quick snapshot and you can tell our area compared to the rest of the country is doing excellent. Need to list your home here in The Roanoke Virginia Area? Call or Text Anytime 540-314-5583 Frazier Hughes.

The Experience is Real: Need to sell or find your home in the Roanoke Area? I’m here make a difference. Find your home’s value now. Feel free to msg or call or text me anytime at 540-314-5583.

#MAKEADIFFERENCE 🔥#ListingAgent #SellSWVa #ThePositiveRealtor #TheFrazierHughesExperience Realtor®️ #DaleCarnegie #PodcastHost #SellNoke #KellerWilliams #RoanokeVirginia #Success

Podcast Episode #9

LISTEN NOW TO THE ROANOKE REAL ESTATE PODCAST. ✨🎤 🌳 On this episode, when it comes to your house a tree can be a beautiful thing unless it’s just hanging out in the wrong place and Brown Hound Tree Service give us tips, scenarios, and ways to play it safe around your roof, plumbing, and getting ready to list your home as well so it’s standing tall!

Sell it with me your experienced realtor in SW Virginia. Call or Text Anytime 540-314-5583 The Frazier Hughes Experience Realtor®️ #Realtor #listingagent #PodcastHost #roanokeva #MAKEADIFFERENCE #BrownHound


Message me to sell or find yours! I am here to help and in your corner 24-7. Grateful to hear from you at 540-314-5583. The Experience is Real.
#MAKEADIFFERENCE #TheFrazierHughesExperience REALTOR®️ #DaleCarnegie #SellSWVA #KellerWilliams

Homeowner’s Insurance Tips

Water in the home, trees, & types of policies & much more on The Roanoke Real Estate Podcast. Here’s part of my interview with Bill Meador. He’s a pro when it comes to homeowner’s insurance. Click the link below ⤵️ to listen 🎙
The Experience is Real: Need to sell or find your home? I’m here to help. Feel free to msg or call or text me anytime at 540-314-5583. #TheFrazierHughesExperience REALTOR®️ #podcast #listingagent #Realtor #sellmyhome #roanokerealestate #DaleCarnegie #movetoroanoke #roanokerralestate #insurance #realestateexpert #podcast #listingagent #Realtor #sellmyhome #roanokerealestate #DaleCarnegie #movetoroanoke #roanokerralestate #insurance #realestateexpert #realestateprofessional #realestatetips


🏡Are you feeling a little anxious about the current state of real estate?🏡⁣⁣⁣
Take a deep breath and remind yourself of three things:⁣⁣⁣

  1. Single-family home prices typically continue to rise even during a recession. 📈⁣⁣⁣ Roanoke is doing excellent right now!
  2. The housing market’s low level of sales inventory means property values will remain sturdy throughout market fluctuations. 💪⁣⁣⁣
  3. I am always a call, text, or DM away to answer any questions or help make your life easier in any way that I can. 👂👀👍⁣⁣
    Contact my team today: (540) 314-5583 #realtor #realestate #realestateagent #kellerwilliams #swvaliving #TheFrazierHughesExperience #roanokerealestate #househunting #househunters #movetoRoanoke #luxuryagents #architecture #house


WHY CHOOSE ME? Get results, dynamic marketing, with a pricing professional. I was recruited by the CEO of Keller Williams a few years ago after being salesman of the year at Berglund Luxury of Roanoke due to my salesmanship which includes Dale Carnegie Training, excellent communication skills, and being published in two magazines showcasing my dynamic marketing skills. I am a former radio personality of 7 radio stations starting in Atlanta including locally WROV, WJJS, Magic FM, K92, Fox Radio 910, which led me to Podcast Host of The Roanoke Real Estate Podcast. I have performed Comparative Market Analysis of homes in Florida, Raleigh, Charlotte, Richmond, and most importantly Roanoke and our entire SW Va Region and been in almost every neighborhood within a 30 mile radius of Roanoke. I know the people, love our city and most importantly will provide you a positive, fun, stress free, open minded, in your court any hour of the day experience. The Frazier Hughes Experience. Call or Text Anytime 540-314-5583 or message me. I am grateful to help you.


Interesting statistic about getting your home ready to sell it shows that 71% of realtors say to throw a fresh coat of paint on the front door you’ll hear these tips and more on the latest podcast episode number four in the Roanoke real estate podcast look for the link below to listen now!

If you need to sell your home and get results or find your next home make the call to Frazier today 540-324-5583

realestatemarketing #hometips #roanokeva #roanokevirginia #sellmyhome #kellerwilliamsroanoke #soldhomes #podcasts #realtorpodcast #TheFrazierHughesExperience



I now hold the record for selling this home for the highest price in this Roanoke neighborhood! I am thankful because not only does this increase the value of the neighborhood but I also love our city!

Story: I drove the area, studied the comps, and met with my client dicussed our price. Dynamic marketing and amazing pictures went into effect. Offers flew in! Another satisfied customer! Need to sell or find a home? Message and Call or Text Anytime 540-314-5583 and I am here to serve you! There’s only one Experience. #tfe #TheFrazierHughesExperience REALTOR®️ #DaleCarnegie



Considering SELLING or BUYING a Home?
Call or Text Anytime 540-314-5583, Email me at frazierhughescom@gmail.com or Message me directly on Facebook!

#TheFrazierHughesExperience REALTOR®️ #roanokehomesales #salemva #hughesorlose #DaleCarnegie #kellerwilliamsroanoke