There is a list of reasons why you should be using a real estate agent when house hunting. One of the reasons is that they possess knowledge about the area that you might not be aware of which in the long run, saves you time and money. Real estate agencies like Sandra Davidson Estate Agents also play an important third party role and they are there to serve your best interests, you can find out more here. Many people think that enlisting the help of a real estate agent is not necessary because it adds to their expenses, however, it is worth it to consider hiring one if you want to find the perfect home for yourself or your family. If you need more convincing, here are some reasons why you will want to use a real estate agent when house hunting.
The first reason why you should be working with a real estate agent is that they are experts at negotiating which is a great help when house hunting because a good negotiator can bring the price down which will save you money in the long run. A real estate agent also divorces their emotions from a deal which means that they can negotiate logically and unemotionally. Sellers always want the highest possible price and buyers are looking for the best possible deal. At the end of the day, the party that has the most artful negotiating tactics will end up winning favor when it comes to the price and terms. Real estate agents know exactly which negotiation tactics to employ for the most effective outcome. In 2019, 38% of home buyers reported that their real estate agent managed to negotiate a lower price by 47%.
Great at paperwork
The process of buying a house involves a lot of paperwork which is another reason why a real estate agent is a great investment. There is so much paperwork involved including the written offer, the counteroffer, repair details, and so many other things. It is easy to make a mistake when handling all of this paperwork yourself however a real estate agent is used to the admin and can save the day. They will go through the paperwork and ensure that you haven’t missed anything such as initialing a page or checking a specific box. Having a real estate agent in charge of the paperwork is also very efficient because the buying process is limited by a time frame.
Able to find the perfect home
Imagine a situation where you want to have an outfit made from scratch. You have an idea in mind and you might even know what fabric you want the outfit to be made of. You then go to a dressmaker and they turn your idea into something tangible. A real estate agent serves this exact purpose. They listen to what you have in mind and then manifest that into reality. A real estate agent will have access to homes that are not even advertised on the market which increases your chances of finding your perfect home.
Knowledge of the market
A real estate agent is an expert on the market. After all, this is their job. They will be able to offer you their expertise and let you know if a particular house is a good price and as previously mentioned, they will know about houses that are on sale but aren’t listed.
Problems and repairs
Finally, real estate agents know how to keep an eye out for any potential problems and repairs that will add extra weight to your wallet. Things such as structural qualities of the house, foundation cracks, water damage, etc that you might not be able to identify. Before even buying the property, your estate agent will be able to inform you what needs to be fixed which is very helpful.
Overall, a real estate agent is worth the investment. Buying a house, especially as a first-timer, can be overwhelming and the process can easily be chaotic. A real estate agent can make the process smoother so that you can enjoy the process and get the best possible deal.