When buying a home for the first time, you will likely contemplate if you really need the service of a real estate agent. While it is strongly recommended to have a realtor when buying a home, it doesn’t mean you can’t make your purchase without having one at your disposal.
All in all, a good real estate agent serves as a guide, helping you throughout the process of buying a home. This guide discusses the pros and cons of having a realtor when buying a home to help you make an informed decision.
Pros of working with a realtor
The work of a real estate agent is to put your interests ahead of the seller’s agent and expertly negotiate on your behalf to ensure you get the best deal. A good realtor can help you in a host of areas, and here are reasons why you might need to work with one.
Agents help you to find a home that matches your budget and needs
Realtors dig up facts on a neighborhood, including the ones the seller might no disclose
A realtor negotiates the price and other contingencies in the purchase
They request and review seller disclosures for potential loopholes
A real estate agent suggests a pricing strategy and calculates annual facts and trends about the neighborhood.
The services of agents are usually free to buyers.
Cons of working with realtors
Finding the right real estate agent is relatively difficult.
You may find yourself working within their time restraints.
Buying a home without a realtor is a big task, particularly if you’re inexperienced. Although it is possible to buy a home without a real estate agent, having a suitable realtor can help you get the best deal.