7 Reasons to Hire a Real Estate Agent to Buy a Home
With the availability to see properties online and the expertise that can be learned from a little bit of internet research, why bother buying a new home with a real estate agent? Can’t you just cut out the middleman and do it yourself? While there is no rule that says you have to buy a home with a real estate agent, it’s the one real estate decision that should be a no brainer.
1. You’ll Save Money Buying a New Home with an Agent
Your agent will understand the market and know immediately if a home is overpriced or underpriced and can give you advice based on that knowledge. Your agent understands the value of the neighborhood, other nearby properties, and the features of the home more intricately than a non-professional. Rather than overpay for a home, you can follow your agent’s advice and know that you are paying fair market value.
2. Buyers with an Agent Gain Access to Listings Quickly
Yes, anyone can go online and find available homes on a multitude of websites. But many homebuyers can quickly become frustrated when they realize a home they just saw online already has multiple offers. Agents are in touch with their network and gain access to available – as well as upcoming – listings early. This means that you will get to see a home when it first appears on the market, not after it’s already generated interest. In addition, you will know if a home drops in price, if a pending offer falls through, or if there is any other movement that can give you a chance to consider a home.
3. An Agent Can Lead You Toward the Right Home for You
While anyone can look online for available properties, your agent will be able to get a sense of which homes will and won’t work for you based on their knowledge of what you are looking for and what is on the market. In some cases, they may lead you toward a house you never would have looked twice at, and it will turn out to be the perfect home for you. They won’t waste your time touring homes they know won’t be a good fit. By having an understanding of the area and the ebb and flow of the market, they can steer you in the right direction.
4. Agents Understand the Negotiation Process
Negotiating is tricky business. Not only will you be negotiating the price, but you’ll be discussing the contingencies in the contract, repairs you want to request, inspections, and more. If you’ve fallen in love with a property, you may be so afraid to lose it that you don’t ask for what you need and end up overpaying or ignoring repairs the seller should take care of. During the negotiation process, your agent is your most valuable resource. They will understand exactly how to move through the process to get you the best possible deal. Since your agent will not be emotionally involved, they can look at things with clear vision.
5. Real Estate Agents Can Help Tackle the Paperwork
The paperwork that goes into buying a new home is substantial and can be overwhelming. In addition, any mistakes can cost you greatly later in the process. A real estate agent has an intricate knowledge of all the paperwork involved in the buying process and can make sure that every paper you sign is done correctly, and nothing falls through the cracks.
6. Agents Can Get You Through the Closing Without Issue
Closing can be nerve-wracking. There are many potential pitfalls that can crop up to harm the deal. A good real estate agent will know what to watch for and how to avoid the trouble spots before they become insurmountable. The title, financing, utilities, and insurance can all have issues, but your agent is well informed about how to manage everything you’ll encounter.
7. An Agent is Available at No Charge to You
One of the best reasons to use a real estate agent is that you don’t need to worry about paying your agent! Your agent isn’t exactly working for free, but they are only paid – by the seller – after they have you in the home you’ve been looking for. Because of this, hiring an agent is risk free with a very high reward. They are motivated to see you succeed because their commission is based on you finding a great home and guiding you through a successful buying process.
Buying a home can be overwhelming and frustrating. The process is full of highs and lows, moving fast, and then moving slow again. Using a real estate agent when buying a new one can make the process smooth and easy for you and get you into your perfect home quickly. Real estate agents close deals on houses for a living. They have been through finding a home and the closing process many times, and their experience and connections in the industry is not something you can replicate on your own. Contact Amberwood Real Estate to learn more about how we can help you find your next home.