5 Reasons You Should Hire A Realtor When Purchasing A Home

In a world of DIY online tutorials, you may be wondering why you should bother hiring a realtor when purchasing a home. The reality is that you don’t have to have an agent representing you, but this means more stress due to your unfamiliarity with real estate law. Still not convinced? Consider how much the benefits outweigh the cost.

The Primary Main Benefits Of Hiring A Realtor

You already know a realtor’s goal is to help you find your dream home as quickly as possible. This could mean they research hundreds of listings to find the property features you want to negotiate with sellers to get pricing in your budget range. Real estate agents take over tasks that would take you hours and days to complete, and they have the resources to get it done faster!

But, outside these primary advantages of relying on their services, here are five more reasons you should reconsider and hire a realtor:

Realtors Know The Market You're Shopping

Because they are regularly working with buyers and sellers to reach real estate deals, realtors have their fingers on the pulse of the housing market in your area. They have an extensive understanding of what goes into the price of a home, such as:

• How long a property has been listed Average pricing of similar homes in the neighborhood you’re looking List-to-sold ratios Per-square-foot pricing trends

Neighborhood Insights

Realtors are incredibly familiar with the areas they do business in. If you know the type of house you want, the kind of neighborhood you’re looking for, and the local amenities you’re wanting, they can find it! Their ability to track down this information quickly means that you can:

• Locate similar properties in your chosen area Find out school district information, local demographics, and even crime rates in a neighborhood Discover the actual value of a home compared to its advertised price

Skilled Negotiation And Pricing Techniques 

Realtors negotiate pricing as part of their job. Even though they don’t dictate what a seller should charge, they will have insight into how to get the price you want. Their guidance will prove invaluable in this respect because they can help you determine:

• The actual value of a home How a home’s neighborhood could appreciate or depreciate its value Whether a home is priced reasonably or not Where to find the type of property you are looking for, and in the price range you need

Prepare You For The Homebuying Process

Real estate agents have to undergo rigorous training to perform their job. Being a realtor requires a great deal of personalization of services for each homebuyer they assist. This knowledge also helps educate their clients about all of the steps involved in purchasing a home. They also can ensure you avoid common pitfalls that can cost you thousands of dollars or hurt the value of your future home.

Real Estate Paperwork Gurus

Purchase agreements have come a long way in just the past century. Nowadays, many of these documents are over eight pages long and full of complicated legal clauses. Realtors process this type of paperwork every day and are well aware of the many different disclosures that must be included in the language. Suppose you want a title agency to handle the legal side of your purchase. In that case, your realtor can easily refer you to a reputable firm in your area that they regularly collaborate with. This ensures that everyone on your team is familiar with your purchase and on the same page.

Discover A Seamless Closing Experience With A Full-Service Title Company

There are several people involved in a Real Estate transaction  once under contract.  An experienced REALTOR will have a network of people to refer you to as well as have a team to keep the transaction on track.