There
is no doubt in our mind that in todays real estate market you
should use a Realtor® when considering buying a home.
There is absolutely no reason not to because:
1. Realtors' services are FREE to a buyer. Their commission
is paid by the seller.
2.
Realtors have access to all the properties for sale in your
desired area via computer and word of mouth. "For Sale"
signs, newspaper ads and even the Internet are not always a true
reflection of everything that is on the market. Multiple listing
service data entry can take from one to ten days for a variety
of reasons. By the time a home is posted on the Internet it could
already be sold. The Internet, especially in a hot sellers market
may not have the most current inventory. However, good real estate
agents tell each other about newly listed property.
3.
Realtors lower your risk by understanding the complexity of
the transaction. Less than a decade ago, a home could be bought
with a two-page contract. Now, consumer-mandated seller's disclosures,
environmental and structural reports, and other legal documents
have turned the home transfer into a potential minefield. Realtors
work with contracts daily, and can fully understand which points
are harmful and/or beneficial to you. From helping you make a
reasonable offer, to providing for the discovery and disclosure
of material facts, your agent can also correctly interpret information
for you. If you found out the neighbor next door to the house
you are buying is building a new fence, would you know to get
a new survey ordered? Your Realtor will make sure that the new
fence doesn't encroach on your new property.
4.
Realtors work for you, and the transaction, to give you the
best opportunity to get a contract accepted at a fair price. Your
agent not only represents your interests, but also works on behalf
of the transaction. Does that seem like a conflict of interest?
It isn't. Buyers and sellers are natural adversaries. You want
to buy for the least price, and the seller wants the most. Agents
must be skilled negotiators to keep pride, ignorance, or stubbornness
from getting in the way of a fair deal for both sides. As the
buyer, remember that you are the one in control. You can instruct
your agent how far to go in negotiations on your behalf. One day,
you'll be glad your agent helped you keep your cool when the seller
refused to leave that old chandelier.
5.
Realtors understand the current market. Real estate professionals
have invaluable house-by-house, street-by-street and market-by-market
experience which can't be learned overnight. Realtors who have
weathered the pendulum swing between buyers' markets and sellers'
markets know that the real estate market can turn abruptly. Rising
and falling interest rates affect the number of available homes
for sale and their prices within weeks or days. All it takes is
the entrance or exit of a major employer, and hundreds of homes
in a neighborhood can be affected. As neighborhood experts, experienced
brokers and agents can help you with home buying strategies and
proposals that will get the right house at the best price and
terms.
These
are 5 great reason why you should work with a Realtor®. It
is extremely important that you have an advocate when purchasing
a home. Without someone representing you interests, how will you
ever know if you've found the right home at the right price? It
is important that you hire a good Realtor. If you don't know one,
I work with a number of top Realtors in this area and would be
happy to recommend one to you.
Purchasing
real estate has become a very complicated procedure. A Realtor®
can make the home buying process as hassle free, as stress free,
and as risk free as possible for you.