In today’s economy, people are always looking for ways to save money. And since buying a house is such a huge expense, many buyers choose to skip a real estate agent and save that 3% on the sale price. However, most experts agree that hiring a real estate agent is money well spent. Unless you’ve done this many times before, buying a house can be a confusing process causing people a lot of anxiety if they don’t have any help on their side. Here’s why you should definitely hire a professional agent to guide you through the process of buying your dream home:
They help with pricing
If money is definitely an issue with your purchase, it’s good to know that real estate agents know how to evaluate the property in seconds and can quickly set a price on a home after taking a look at it. If they have been working in a specific market for a long time, they also know all about the neighborhood value. Sure, you can use some of your precious time to compare houses online, but professionals know whether certain properties are overpriced or underpriced. And if you hire the right agent who aligns with your needs and wishes, you don’t have to go touring endless houses to find the best one for you. All in all, your agents will give you all the data you need to make the sale but also be there to protect your interests with years of experience watching the market fluctuate.
They help with repairs
Requesting repairs before the sale can be very awkward and touchy for most people. Luckily, your real estate agent won’t have any issues pointing out the problematic parts, recommending a good independent home inspector and negotiating the repairs. After you receive your inspection results, your agent will go through the pages and highlight the important ones that need immediate attention. And if the house is looking great, a real estate agent will know what to request to sound reasonable yet stir the ship to your advantage. This “dance” can be very delicate and requires an experienced lead.
They help with the search
Most buyers can go on websites and find homes for sale, but in some cases, it’s great to have a real estate agent on your side to help you filter your search. For instance, Australia has a very extensive offer of properties, and you might need an expert to help you weed out the bad offers from good ones. By hiring a Ray White Balmian team, to work closely with, you can select a few attractive properties and make your search much easier and more successful. Oftentimes, your agent will also know about certain properties that are not yet made public. Due to health, privacy and financial reasons, people don’t want to advertise their sales, but with inside knowledge, you can still get access to these listings and avoid missing out on your dream home.
They provide neighborhood expertise
If you opt for a real estate agent who specializes in a certain area or neighbourhood, you can get all the best information on utilities, schools, public transport, traffic, zoning, etc. These characteristics can show you whether a certain location is good or bad for your lifestyle. With a real estate agent on your side, you’ll not only find the right property, but the right community to boost your life satisfaction.
They help with negotiations
There’s no buying a house without doing extensive negotiations. And with an excellent real estate agent, you can get the upper hand on every negotiation, from closing costs and home warranty premiums to repair expenses and updates to the house. Experts with a Real Estate Negotiation Expert certificate can help you bring down the overall costs of your investment and even throw in some additional incentives. It’s easy to see how negotiating to keep appliances or subtract the closing costs can benefit your budget.
They make the paperwork easy
And finally, buying a house doesn’t just involve signing the dotted line and giving the seller your money. The process actually involves tons of paperwork, from mortgages to official closings. If you don’t have a real estate agent, you will be forced to hire a real estate lawyer to make sure all your paperwork is in order. With a real estate agent on your side, you can avoid landing in any legal issues that can cost you a lot of money, time and nerve. If you’re concerned about the paperwork, an agent can review all the legally-binding agreements and ensure you’re in the green.
Buying a house is a huge decision that will leave a significant dent in your bank account. Therefore, it’s essential to avoid as many mistakes during the buying process as you can. With an experienced real estate agent, you can enjoy a smooth house-hunting process and rest assured all the legal things are in order. Buying a house with an expert on your side can be an enjoyable and exciting process.