Looking at homes for sale when you’re considering buying a new home is so exciting. You go online, you flip through local catalogs. Can you simply find and buy a home yourself? Sure. It’s tempting to forgo the extra help. In fact, only 14% of people contacted a real estate agent as their first step in the home buying process, while a whopping 42% first searched solo for homes for sale online. Do you want a realtor backing you up, especially if you want the ideal location and best amenities? Yes, 100%. Here are some secret perks to having a realtor during your house hunt.
They Have Connections
Interested in those new luxury townhomes? Can’t find a ‘for sale’ sign anywhere in the ultra-desirable location a couple towns over? Realtors have connections that give them leads on good homes you can’t find just anywhere online. An expert in your local search will help you an astronomical amount. Let the realtor use their in-depth knowledge of the local market to be your guide in finding the real-world equivalent of your dream home.
They Know How To Haggle
You might not know that the leaky garage could easily knock a couple thousand off your desired home’s list price — but your real estate agent does. Realtors can haggle like nobody’s business and get you a more satisfying sale.
They Help You Understand Paperwork and Negotiate Lending
Who doesn’t wish they understood their mortgage and other legalese better? While most real estate agents aren’t lawyers, they’re very knowledgeable about the common kinds of paperwork and agreements you sign going into a new home sale. Ideally, you, your realtor, and your lender are all working together during the buying period as well. Your realtor’s involvement can help you stay on top of the often-confusing process of getting a loan or mortgage, with no lost paperwork or misunderstandings.
Are you and your partner or other housemates having a difficult time agreeing on new homes and features you want? Is your ideal neighborhood a nightmare to your future housemates? Disagreeing on paint colors, even? Realtors casually act as a neutral third party to give you some perspective on the potential of a house for sale.
In short, you definitely want a realtor to keep your home-buying experience low-stress and successful. There’s a reason they’re trained and licensed — it’s a difficult job!