Why Real Estate Professionals Are An Essential Component to Buying Transactions

Watch on your mobile device >>

When you think about it, a home is probably the largest financial transaction most people will ever go through in their lifetime. And when you have any transaction that large the last thing you want to happen is for something to go wrong.

Now, many people believe that the only part of real estate where an agent is necessary is on the selling side of things. The truth is that real estate agents are pivotal to a successful transaction on all sides of the equation. But today, I want to discuss why buyers should have the protection and guidance of a Realtor when venturing out into the property market.

Finding the Right Home

Even with the advent of the Internet and other real-time technology, most people do not have access to the homes that Realtors do. At least for the initial stages of a home’s listing. An MLS is a cooperative agreement between all agents in an area where they share homes that are available and work collaboratively to match the correct seller with the perfect buyer. When agents first begin the process of listing a home, they often invite their peers to view the home at an agent-only open house.

Additionally, with my profession being a full-time one, I can devote a lot more time to helping buyers find the right home with all the bells and whistles they are looking for – leaving them to focus on other important things in life. We scour the area and find the best properties. Not to mention that we know the area very well – particularly useful in cases where someone is relocating from a different area.

Sharing Insider Information About Financing

Though our expertise does not lie within the financial scope of buying real estate, we are in tune with the latest programs and incentives out there available to all types of buyers. For instance, the government has a few grant programs that will pay up to $5,000 for first time buyers and access to $10,000 for secondary buyers. Also, depending on your particular needs I can share with you details about other products that are out there that many buyers may not even be aware of such as the government-backed FHA 203K loan. This is a loan that provides funds to renovate a home and that reno loan is rolled right into the mortgage. Many buyers find the perfect home that needs a little work but they can’t afford to pay for rehabilitation of the property. The knowledge of products like the FHA 203K would typically come through an experienced Realtor.

Keeping Within Regulations

If you are buying a condominium or considering new construction in a subdivision there are lots of rules, regulations and bylaws that could easily impact your decision to purchase. My job as your agent is to know and understand these nuances and to share them with you in advance so you can make informed decisions about your property purchase. We provide in-depth information about a neighborhood, help you to figure out what your real estate taxes might be and provide resources for other specific needs you may have.

Negotiating Your Best Price

Probably the most significant thing in any deal for a buyer is the purchase price and as your Realtor it is my job to negotiate on your behalf. After years of dealing in at times difficult situations, we are trained to understand the other side and carefully work out a deal that works for our clients’ best interests. The paperwork alone can be daunting and unless you are have lots of time and are confident with lengthy legal contracts and stipulations that must be met with, it can be a challenge.
~
At the end of the day, our goal is to make the entire home buying process for you enjoyable and easy. So whether you are interested in buying, selling or investing or even if you just want to explore your options, contact me today!  I’d be happy to help!