4 Reasons To Use A Realtor When You're Buying Your First Home
One of the biggest mistakes that people make is buying a home on their own, without the help of a realtor to try to save themselves money, especially if it is their first time doing so. Using a realtor to purchase a home makes sense from both a logistical and financial standpoint. There are a number of good reasons that you should use a realtor when purchasing your first home rather than trying to buy your first home all on your own.
Pricing Expertise
The main job of a realtor is understanding the housing market; including its ins and outs and, most importantly for you, whether a house is overpriced or underpriced. Most people can spend a few minutes on the Internet and instantly pull up the price of a house, or even compare comparable housing units.
However, a realtor will immediately know how that price corresponds to the market and, of course, if it is overpriced or underpriced. Not only can they keep you abreast of the market at large, they can tell you about how prices have fluctuated in the particular neighborhood in which you wish to buy and how homes are either rising or falling in value.
Requesting Repairs
One of the parts of purchasing a home, especially if you're a first time homebuyer, is the delicate question of asking for repairs before purchasing the home. This can make many people feel sheepish and, as such, they might wind up losing a decent amount of cash on an otherwise decent deal on a home.
In addition, a realtor is trained in detecting flaws within a home that might otherwise be invisible to your eye. Likewise, they can also offer up recommendations on trusted home inspectors that can come into a home and perform inspections regarding the structural and cosmetic integrity of the entirety of the home.
Finding Real Estate
Most people assume that in this day and age that they can find real estate easily on their own, due to the fact that the Internet has made this process streamlined and much more accessible to those who wish to both purchase and sell at home.
However, for many reasons, including a proliferation of potential buyers who do not correspond to the desired asked price range, many people do not wish to advertise their home on such an open forum and market. This is where a realtor's expertise will pay off. Generally speaking, a real estate agent knows about most of the available homes in a given market and can inform you about them according to your desires and price range.
Paperwork
One of the logistics regarding purchasing a house that most people, especially first time buyers, do not want to deal with, or simply need a bit of help with, is all of the paperwork that goes along with the territory of purchasing a new home.
The amount of paperwork that goes into purchasing a home can be absolutely daunting. There is no doubt that you will wind up with an entire pile of papers that need to be looked over with a fine tooth comb, including things such as counter offers and various forms of agreements. A realtor can help you with all of these matters and more.
Purchasing a house is a difficult task, especially if it is your first time doing so. Luckily, a realtor can make the process a bit more streamlined. As an added bonus, chances are, you're going to save a decent amount of cash if you use an agent. Resist the urge to try and purchase a home on your own, and contact a local realtor to help you out instead. For more information, contact local realty services.