Can you buy a home without a REALTOR? You can, but you'll be giving up valuable guidance through what can be a complicated process. What do you really give up when you decide to buy without a REALTOR’s expertise?
- Time. Great buyer’s agents spend loads of time online, searching for listings that match your requirements. They spend time on the phone, contacting other agents to get all the details. The great ones even spend time previewing houses before you ever see them – all in an effort to save YOUR time.
- Money. A buyer’s agent can tell you if the house you love is really worth the price tag attached to it. They'll provide a market analysis to determine the fair value of the home, potentially saving you thousands.
- Local Knowledge. Did you know a commercial building was slated to move in across the street in that open piece of farmland? Or that the local school was one of the lowest ranked in the state last year? Realtors understand the importance of local knowledge. It affects price, the length of time a home sits on the market, and your willingness to buy a particular home. Their goal is to help you make the right decision, with all the information available.
- Negotiation Expertise. Let’s face it: some of us are just not good at negotiating. We see a home we love and will pay any price that doesn’t break the bank. That’s why it’s good to have an expert negotiator in your corner, someone slightly detached from the emotions that go hand-in-hand with buying a home. They’ll protect your interests and negotiate to get you the best deal.
- Industry Connections. Not only do realtors know other agents with listings that might be perfect for you, but they also know mortgage lenders, home inspectors, credit repair experts, and service providers that can make your life much easier in the long run. Instead of searching randomly online, get trusted recommendations from your buyer’s agent, who has first-hand knowledge.
- “Inside” Information. Because real estate is a business where agents work together to get paid, they’re always happy to share listings, even before the homes are officially listed. With these “pocket listings,” you could find your dream home before anyone else has a chance to see the first photo online!
- A Fresh Viewpoint. If you’ve been looking for a home for some time but just can’t seem to find the right one, an experienced realtor can help you re-evaluate your list of must-haves. Prioritizing your wish list with a fresh set of experienced eyes might mean you’d give up the three-car garage for a home in the right school district, or that you’d accept laminate counter tops instead of granite if the home has an open floor plan. A buyer’s agent can help you work out what is most important, as well as what you’re willing to give up.
- Help with Paperwork – Your buyer’s agent can be your guide through the inevitably confusing paperwork that accompanies every real estate transaction. From the Purchase and Sale Agreement to the Financing Contingency Amendment, your buyer’s agent can answer all your questions along the way, looking out for your interests in the process.
A buyer’s agent is truly an invaluable resource in the search for your new home. They’ll find homes for you to tour, schedule showings, negotiate, counsel, and make suitable recommendations when needed. Their job is to make your home search painless and fun! Plus, buyer's agents are typically paid a commission of 1-3% by the seller (out of the listing agent's commission), so there is very little risk and many rewards to hiring one. Call 770-271-5555 to be connected with an agent, or visit www.psponline.com to view our current listings and start your search today.
Peggy Slappey Properties, Inc. is a Metro Atlanta real estate brokerage with 35 years of experience in real estate sales and marketing. From new home construction to resales, we can help you find the home of your dreams. To see our current listings, visit www.psponline.com and call us for expert advice at 770-271-5555. Keep up to date with the latest PSP events and offers by checking in on Facebook at https://www.facebook.com/peggyslappeyproperties and on Twitter at https://twitter.com/psponline