The main reason a lot of people choose not to use a real estate agent is to save money. Everyone knows that. It makes sense, right? Well, looking for saving potential is not a bad thing by any means, but in certain situations, you need to ask yourself if these savings will be worthwhile.
Not having an agent means a lot of things – handling all the heavy lifting, paperwork, searching, and everything in between. When it comes to real estate transactions, you get what you pay for, like many other things in life. So why should you hire a real estate agent when buying a house?
The Agent Can Recommend A Lender
When you have a real estate agent, they can refer you to a lender that’s trustworthy in your area that will fit your specific financing needs. This way, you’ll save yourself all that time finding a lender. Not to mention, it will save you money in the long run since you’ll be getting the best deal you can.
The Agent Will Use Tools You Don’t Have
One of the first things you normally talk to a real estate agent about is what you’re looking for in a home. You won’t waste time going to open houses that end up being irrelevant, over budget, or don’t meet your standards. Agents have access to systems where they can see thousands of homes on the market, easily finding the perfect ones in your area.
The Agent Will Prepare You A Solid Offer
The initial offer you get when buying a house is crucial. Your agent will help you draft an offer that will impress the seller, protect you, and make sense for the home’s price. Naturally, real estate agents are pros when it comes to drafting offers and will guide you to fair sale prices for everyone involved.
The Agent Will Negotiate The Price
The process doesn’t end after the initial offer. One of the biggest benefits of hiring a real estate agent is having their negotiating abilities on your side. Most times, they know the area and have the right tools to recognize prices that are too high and will negotiate on your behalf so you don’t have to.
The Agent Has Real Estate Connections
Getting a home inspection is, of course, a crucial part of buying a home and selling it in the future, too. When the time arrives for a home inspection, your real estate agent will be able to recommend someone trustworthy to get the job done.
The Agent Will Attend The Home Inspection On Your Behalf
You can rest assured that your real estate agent will also attend the inspection on your behalf to make sure it all runs smoothly. In addition, they’ll make sure no damages or repairs are overlooked in the process.
The Agent Will Help You Get To Closing
As you probably already know, the mortgage process is complicated. Your agent will be right by your side, making sure you get to closing and move into your new home. They’ll help you with all the paperwork and answer any questions you may have during the escrow period.