Wednesday, April 17, 2013
Why use a Realtor when buying a home?
Why Use a Realtor When Buying a Home?
People think it costs a fortune to use a Realtor when buying a home. This is simply not true. Commission on the sale is paid by the seller and split between the buying agent and selling agent in the transaction. This means as the buyer, you have a professional working with you, on what is most likely the largest investment of your life, every step of the way without having to pay for it!
Your Realtor plays many roles in the buying process. When you first talk to your Realtor, she will ask you for a list of your wants and needs, which helps her understand what you are looking for in your new home. When you are ready, she will guide you through the mortgage loan pre-approval process. As you decide on location, use your Realtor’s expertise to help you choose the perfect area. Realtors have vast knowledge about the different neighborhoods in your city and can help you determine which one will best suit your needs.
Then the shopping begins. When you and your Realtor start finding potential houses, she will set up showing appointments to look at those homes. She has access to details on the listings that may not be public knowledge. Once you decide on a house, she will prepare a comparative market analysis and help you determine the best offer price. Then she will prepare all the necessary paperwork and present your offer. Hire a realtor who is a strong negotiator! This can save you thousands of dollars.
All Realtors must adhere to strict code of ethics and standards of business practice. We have a duty to be responsible for our actions, and must be competent and loyal to our clients. We take this code very seriously, which means that you are working with an absolute professional who will act in your best interest for the entire transaction.
My advice is, don’t buy a house without a Realtor. If you or someone you know is looking to buy or sell in the next few months, let me know. I would love to help!
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