Many home buyers wonder, “Why should I hire a buyer’s agent when I can just look online and find the home of my dreams?” Well, the search is just one tiny portion of your real estate experience and there are many great reasons to hire a buyer’s agent when you purchase a home. Let’s start with a list of the top 4.
- Realtors know the housing market. They know the prices, the areas, different home conditions, in general, they are a great resource when you are deciding on your new home. Your Realtor will not only help you narrow down your search, they will help you find properties that fit your needs. And, in a market that moves so quickly, an informed and connected agent may also know of properties that have not hit the market yet, giving you the advantage of a first look before anyone else!
- Are you familiar with real estate contracts? A home is most likely the biggest purchase you will ever make, and there are so many forms besides the basic purchase agreement these days. Do you really want to trust the sellers or their Realtor to assist you with the paperwork? A buyer’s agent will guide you through the contracts and give you advice that benefits you, and not the seller.
- Negotiation is a large part of purchasing a home – especially in today’s market. It is rare that an offer is presented and accepted as-is. When you find a home you love, your emotions will start to take over your negotiation skills. Realtors spend their entire career negotiating sales and purchases of homes. Your Realtor is objective, and has the skills needed to get you the best deal on the home you would like to purchase.
- Once your offer is accepted, the process of buying a home has only just begun. A buyer’s agent will make sure all parties from the home inspector, to the loan officer, to the closing agent all stay on task, meet deadlines, and if issues come up they will assist in resolving them. The stress will be off your shoulders because your Realtor is taking care of you and your purchase.
These four reasons to hire a buyer’s agent are only the tip of the iceberg. Don’t make the biggest purchase of your life without a professional in your corner. Working with someone who can address potential issues and lead you through the process resulting in a smooth transaction is worth its weight in gold!