When it comes to buying a home, many people believe they can save money by skipping the services of a realtor and going it alone. However, the reality is that working with a professional realtor can save you time, money, and stress in the long run.
1. Access to Listings
Realtors are connected to the local Multiple Listings Service where other agents post their listings. This is where you can find the most accurate details on an active listing. Agents will also be able to access the lockbox for showings. Additionally, realtors may know of homes that are not publicly advertised. This means, that you’ll have a much better selection of properties to choose from when you work with a realtor.
2. Helping You Avoid Common Mistakes
A realtor can also save you money by helping you avoid common mistakes that first- time home buyers make. For example, a realtor will be able to advise you on when to make an offer and how much to offer. Additionally, they will consult with you on what contingencies to include in the offer. Things like asking for clear termite letters or properly identifying when and how repairs will be completed are a couple of examples. By avoiding these common mistakes, you can potentially save thousands of dollars on your purchase.
3. Provide a Variety of Professional Services
Finding good work can be hard when you move to a new area. Realtors can provide you with a variety of professional services, such as helping you find a mortgage lender, home inspector, insurance agent, plumber, handyman, or any service you can think of needing. Local agents can also provide detailed information on neighborhoods, school districts, and local amenities that might make a home more or less appealing to you.
4. Handle All of the Paperwork
Another advantage of working with a realtor is that they handle all the paperwork and legal aspects of the home-buying process. They are familiar with the local and state laws and regulations and can ensure that everything is done correctly and on time. This can save you a lot of stress and frustration, especially if you’re not familiar with the legal process of buying a home.
5. Committed to Putting You First
Finally, realtors are committed to putting their clients’ needs first. They are legally bound by a code of ethics, which means the good ones will always act in your best interest. They are also dedicated to finding you a home that meets your needs, budget, and dreams. They will be your advocate and advisor at every stage of the process.
In short, while it may seem like skipping the services of a realtor can save you money, the truth is that working with a professional can save you time, money, and stress in the long run. With their knowledge, experience, and commitment to their clients, realtors are an invaluable resource for anyone looking to buy a home.
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