Do I Need a Realtor if I Already Know Which House I Want to Buy?
You are in the market to buy. You’ve been scouring the listings online, found a house you want to look at, attended the open house, and you’ve made your decision to buy it. At this point, can’t you just finish the process on your own? Do you really need the help of a real estate agent to buy a house?
Finding a House to Buy
Years ago, the thought of finding a house without the help of a real estate agent was challenging. Today, with the availability of online listings, virtual walkthroughs, and information readily available for anyone willing to search for it, finding a home without the help of an agent can be done. However, a realtor can still offer valuable insight at this stage. They will understand the local market, comparable home values, and the neighborhood. This insider knowledge is worth much more than what you can find online.
Buying a House is More than Just Finding a House
Finding a house is the easy part. Buying a house can be much more complicated. Even making your initial offer is much easier to navigate with a realtor by your side. They will help you develop a competitive offer. They will look at the home condition and understand how to put the offer together with room to leverage during negotiation. An offer is more complicated than many people think – it isn’t simply throwing out a dollar amount. A realtor can help you through the process because they’ve been through it many times before.
Wading Through the Paperwork Process
Once you’ve found your house and your offer is accepted, the process isn’t done. There is plenty to do during the escrow period before the closing. You will have to make your way through a lot of fine print as you work through. A realtor will understand this process completely and can help clarify all the clauses, contingencies, and fine print to ensure that you know what you are getting into.
You Might Need a Network
Buying a house involves more than just the buyer and seller. You will need to find someone to do the inspection, the appraisal, and the legal work, such as the title search. In some cases, you will need to have more thorough inspections, such as a septic or well inspection. Finding the right people for these tasks can be difficult on your own, but a realtor will have a network of professionals ready for every stage of the home buying process.
The Value of a Realtor is There
As a home buyer, you do not need to pay your realtor anything directly. Your agent will take their payment from the seller, splitting it with the seller’s agent. When you consider that you are able to get all the benefits of an experienced real estate agent at no cost to you, it is an excellent value. You will have someone looking out for your best interests throughout the entire process and ensuring that you are happy by the end of the transaction.
There is no law that says you need a realtor when buying a home, but when you consider the benefits of having a professional by your side, it is a smart choice. Even if you have done your research, having a partner who understands the nuances of real estate can take a complicated process and make it a smooth one. If you’re ready to buy your next home, contact Amberwood Real Estate. Our team of experts can help you find and purchase your dream home.