If you are in the process of purchasing a home, you might be debating the pros and cons of hiring a realtor. You might think to yourself, “buying a home should be a breeze, and besides, realtor fees are way too high”. This is not entirely right -- having this mentality will make you miss out on the advantages of hiring the services of a GOOD, professional real estate agent.
What exactly does a realtor do?
In a nutshell, realtors are the professionals you should go to when you need help in renting, purchasing, and selling a property. They know the ins and outs of the real estate market, they organize the walkthroughs and provide guidance and assistance throughout the entire process.
A fair bit of caution though, not everyone knowledgeable in the dealings of a property is a realtor. A realtor must have a valid real estate license and be a member of the National Association of Realtors.
If you are on the market to buy a home, you should consider employing the services of a realtor as this is potentially the biggest financial decision of your life.
Here are the 3 main advantages of hiring a realtor to buy a home:
Realtors will help you find your dream home.
It goes without saying that realtors will help you scout the perfect home, but so many people fall into the trap of buying a home and settling in the property, only to realize it doesn’t meet all their specifications. Before you even start looking for homes on the market, you must have an idea in your head of the particulars of your ideal place. I bet you have envisioned all the specifics from the number of bedrooms down to the yard area and tile work.
Once you have a general idea of what you like, you may compile a list and sample photos to use as a reference. Hand this over to a realtor and they will sift through all the available properties in your ideal location to meet your needs! This is a time-consuming process and having someone to do it for you will take a load off your shoulders. Hiring a good realtor saves you time!
Extensive knowledge of real estate.
Let’s be honest here, what you’re paying for when you hire a realtor isn’t the effort they put into finding you a place, but their knowledge and experience in the real estate market. A realtor, a good one anyway, should have years of prior experience in the dealings of real estate, they must have insider’s knowledge of the current state of the market. This intuitive skill allows them to tap into some valuable information about the details of the listings that are not readily available in the ads. So essentially, you are paying realtors to help you make an informed decision on the biggest financial commitment of your life.
Assistance with the negotiations and paperwork.
Realtors are knowledgeable about the current real estate market, they know the trends and the average prices. They have a knack for negotiating the best price for you because of their experience in this field. Once you and the seller have settled on the price, the real work begins.
Buying a home doesn’t just involve signing a contract and handing over the money. Nope, it involves tons of technical documents and state-mandated paperwork. Having a realtor handle this for you is the best decision you will make!
This will save you the headache of having to comply with all of these requirements.