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If you haven't shopped for a home or purchased one in the past five years, consider yourself a first-time home buyer. That's how much the real estate market has changed in this short period of time.

Changes In The Market

Today's home sellers have become more sophisticated about finding ways to get the most money for their homes. The last few years have also has seen the emergence of brokers who represent buyers instead of sellers, on-line brokerage services, new types of mortgages and changing rules governing the information that brokers and sellers must disclose to you. Some of these changes are great for buyers, but you need to know how to take advantage of them. Start by asking yourself these questions.