Are you ready to buy your first home? One of the most important parts of the process is hiring a buyer’s agent. Let’s look at the reasons to use a real estate agent when buying a home.
Use a Real Estate Agent When Buying a Home Because It Doesn’t Cost the Buyer
Typically, the buyer’s agent’s commission is paid through the seller’s fees, so it doesn’t cost you any extra money. Before you choose your buyer’s agent, do some research on your options in the area. Interview several agents and choose someone who is experienced that you feel comfortable with.
Your Realtor Knows the Local Market
It’s tough to know everything you need to know about the local real estate market unless it is your job to do so. You probably didn’t start thinking about the market until you decided to buy a new house. A realtor’s livelihood and success helping buyers depend on this knowledge.
Your Agent Knows How to Find Homes
Use a real estate agent when buying a home because he or she will find homes for you based on your wants and needs. An agent will also help you review the home inspection report and advise you on how to proceed based on the results.
Use a Real Estate Agent When Buying a Home to Get Financing in Place
Help with financing is a valuable advantage that a buyer’s agent provides. Navigating the world of mortgage financing is confusing. A bad loan can end up wasting your money. Your agent will guide you in finding a smart mortgage loan.
Your Buyer’s Agent Knows Real Estate Contracts
How much do you know about writing up and agreeing to real estate contracts? A realtor knows this process well. There are important aspects to contracts that should be included to protect you as the buyer and there are also pitfalls to look out for. Don’t make the mistake of agreeing to contracts without the professional help of a buyer’s agent.
Your Realtor Can Recommend Industry Professionals
There will be several professionals you need to work with throughout the buying process. You may work with a real estate attorney, an appraiser, a home inspector, and other real estate professionals. Your agent has a network of industry contacts that he or she can connect you with. These professionals want to continue getting recommended by your agent in the future, so they will likely do a great job.
Use a Real Estate Agent When Buying a Home to Negotiate on Your Behalf
Another reason to use a real estate agent when buying a home is that they will negotiate for you. There are several situations where having an experienced negotiator on your side is important. For example, will you know how to negotiate with a seller about an issue discovered in the home inspection? Your agent will know exactly what to do in that situation.
Now you know why it’s vital to use a real estate agent when buying a home. Lean on your realtor for support and ask good questions. Your agent will help you purchase a home that is a good investment.