When it comes to buying a home, some buyers might be tempted to cut out the middleman and attempt to do all of the work on their own. While this is certainly one possible option, there are actually many reasons why a buyer should seek out the assistance of a Realtor when purchasing a home. So, why use a Realtor? Here is a look at the top 10 reasons to buy a home with the help of a Realtor.
Reason #1: Taking Advantage of Expertise
The simple truth is that Realtors are experts at what they do and buying a home can be more overwhelming and complex than many think. By working with a buyer’s agent when purchasing a home, homebuyers can take advantage of the expertise they bring with them. As a result, they are more likely to find the home they are looking for at a price they can afford in a much timelier manner.
Reason #2: Tapping into Connections
Since Realtors have experience working in the industry, they have already formed a number of connections that can help homebuyers save money and time. From mortgage loan officers to home improvement contractors, Realtors know who to work with and who to stay away from within the industry.
Reason #3: Determining Your Buying Power
Realtors know how to sit down with their clients in order to help them determine just how much they can truly afford to spend on a home. By helping the homebuyer narrow down options, the Realtor can help save time and money while preventing unnecessary headaches.
Reason #4: Saving Time
Because they are already familiar with the properties that are available on the market, Realtors can help homebuyers save a significant amount of time when it comes to finding the houses that suit their needs as well as their budgets.
Reason #5: Locating Rare Gems
Sometimes, homes that are on the market are not actively advertised. As such, buyers who choose to go it alone are likely to miss out on these rare gems. Those who work with a Realtor, on the other hand, are far more likely to learn about homes that may require a bit more investigation to find.
Reason #6: Comfort through Expectations
While you have been through the buying process at most probably 3-4 times, a Realtor does this for a living, and has been through countless transactions. A Realtor knows the timeline and major transaction markers for home purchases in your market and can set expectations with you early on as to what to expect during the transaction process, putting your mind at ease.
Reason #7: Offering an Objective Eye
When searching for available homes, it is easy for a buyer to get caught up in the things he or she loves about a home without seeing the big picture. Since Realtors have access to a variety of different informational resources, however, they can provide objective input into the buying process that will help the buyer make a smarter decision.
Reason #8: Enjoying Increased Negotiation Power
When purchasing a home, there are many aspects that can be negotiated. This includes the price, the date of possession, the financing terms and more. With the experience of a Realtor at his or her side, the buyer will have the best chance of negotiating a favorable deal.
Reason #9: Choosing the Right Financing
Due to the experience and connections the Realtor has to offer, he or she can also help the homebuyer sort through the various financing options while also helping the buyer find the best lenders to suit their needs.
Reason #10: Knowing Someone Has Your Back
Perhaps the most important reason a homebuyer should work with a Realtor is simply because he or she can take comfort in knowing that someone has his or her back. Realtors provide due diligence during the evaluation of the property and can assist with having it inspected for asbestos, dry rot, faulty structure, termites and more. In addition, the Realtor can provide information regarding access rights and other concerns that might need to be addressed before a deal is made.