If you’re wondering whether you need to hire a Realtor to represent you or not when purchasing a home then you’re not alone. There are various misconceptions that novice buyers believe to be true when looking to get into the real estate market that puts them at risk of being taken advantage of by the Seller. The pros of hiring a qualified and well-informed Realtor considerably outweigh the cons. Here are four advantages of hiring a Realtor exclusively when looking to purchase a home.
A professional understands the market and the value of each home. They will ensure that you don’t overpay for a home and potentially save you thousands. The Seller’s agent will quote you a price that is signPrice negotiations take skill and agents know what normally works and what does not. They will negotiate the terms of your purchase based on the value of the property, factoring in market conditions and past sales data. It is your agents job to get you the best possible deal on the property you want to buy!⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
- Cover Your Blindside: There are many elements to buying a home that the average buyer may overlook. Clauses, conditions, or material facts of the home. Your agent will be alert for issues that might not cross your mind, such as leaks, mold, roofing problems or insect issues. The agent’s primary responsibility is to act in your best interest with their experience and knowledge.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
- Make a Difficult Process Appear Seamless: An agent will facilitate all aspects of purchasing home like scheduling viewings, researching the property and the neighbourhood, offering expert advice and negotiating on your behalf. They guide you through each step until the very end of the process.⠀⠀⠀⠀⠀
- It will cost you Nothing! 99% of the time, the buyer’s commission is paid from the Listing Agent’s commission agreement with the Seller. What this means is that you don’t pay anything over and above the sale price to receive services of a knowledgeable real estate professional.