Buying a home can be one of the largest financial decisions you’ll make (as well as emotional). It is understandable to consider representing yourself when you start the house hunting (or selling) process to save some money. However, going solo may not be the best way to go and could end up being more costly than your real estate agent’s commission cut from the deal. Here are 5 main reasons why we encourage those who are buying or selling a home, to find a trusted real estate agent to have your back and help you make the process as smooth as possible!
1. Negotiating Can Be Challenging
Your real estate agent can act as the neutral messenger between you and the seller while negotiating. Here’s an example. What if you, as the buyer, love the architectural layout of the home but absolutely despise the paint colors, carpeting, and the kitchen backsplash design? It’s an all too common scenario, right? Imagine having to negotiate to the seller of the home directly and being transparent about what you despise about the house, hoping for the seller to lower their price but as a result, end up offending the seller and losing the house altogether. A real estate agent can play the role of the messenger as well as the bad guy in the transaction, preventing any type of hostility or bad blood between a buyer and seller that could ultimately kill the deal.
2. Your Personal Expert Guide
Buying a home requires a plethora of contracts, real estate jargon, reports, disclosures, forms and many other documents that can get overwhelming to fully understand. Having a trusted real estate agent by your side means they will answer any questions you may have about the process, educate you about what to expect and ultimately make you feel more empowered while buying your home rather than feel like you’re in the dark about everything.
3. Preferred Vendors and Partners
Working closely with a real estate agent also means having a direct resource for preferred vendors and partners. When buying a house, you’ll want to know who to work with to get prequalified for mortgage financing. A real estate agent has worked with many professionals that provide various types of services ranging from home inspections, financing, pest control, painters, home insurance, and so much more.
When looking at a home together, a real estate agent can provide you with objective information about each property such as utilities, nearby schools, zoning and so much more to help you find the best property for you. They will also provide you with helpful advice on what to look for when choosing a property.
5. Knowledge of the Neighborhood
Real estate agents have great information when it comes to finding up to date information about your desired neighborhoods. They can also provide you with comparable sales in the area to help you nail down the perfect neighborhood while comparing your price point with current property sales. Additionally, your real estate agent can provide you with helpful resources and guides for finding more data on local crime and demographics.
The Final Takeaway
Although it certainly is possible to represent yourself when buying (or selling a home), hiring a real estate agent can save you the headache and time while house hunting. Finding the perfect home can be an emotional and draining process but it doesn’t have to be with a professional real estate agent in your corner.
If you’re looking to buy a home, give us a call and we can help you get started right away! We are experts and know exactly how to fit your every need! 423-838-6006