Posted on: 18 July 2018
When you're buying a home there are a lot of things to consider. Finding a home in a location that works for you, that suits your needs, and that fits within your budget can be a challenge. The good news is that there are more resources than ever that can help you find the right home. In fact, there are so many resources that you may be tempted to look for a home without a real estate agent. While it is certainly possible to find a home without a real estate agent, you may find that using an agent has its advantages. Here are three reasons why you should use a real estate agent.
They Know The Market
One of the biggest reasons why you should consider using a real estate agent when buying a home is the fact that they know the local real estate market well. If you are looking for a certain type of property or want to live in a specific neighborhood or area of town, a real estate agent will be able to find properties that suit your needs quickly. They do the leg work for you when it comes to finding suitable homes for sale.
They Can Give You Advice
When it comes to buying a home, a real estate agent can give you invaluable advice if you run into any roadblocks. They know how much nearby comparable homes have sold for and can help you come up with an attractive offer on a home. Buyer's agents also work on commission so they will be very motivated to find you the home of your dreams. Their commission is usually split with a seller's agent and is included in the home's price. On average, the commission for a buyer's agent is between 2 and 3 percent of the sale price of the home.
They Can Help You Navigate Through Paperwork
Buying a home in most cases will mean a lot of paperwork to go through. The average purchase contract is now around 10 pages long but may have more than 200 pages of contract addendums. Going through all of this paperwork can be very confusing. Any mistakes made during this time can also mean major problems down the road. A real estate agent can help you navigate through this paperwork and ensure that all of the information is correct.
If you are looking for a home, a real estate agent is a must. Real estate agents know the market and can help you find the right home for your needs. They can also help you deal with any hurdles that may arise. Buying a home also involves a lot of paperwork -- a real estate agent can ensure that this paperwork is filled out properly.Share