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Reasons to Work With A Real Estate Agent

By: Old Point Bank / 15 Sep 2021
Reasons to Work With A Real Estate Agent

A good realtor will act as your partner throughout the entire home buying process. They will provide you with the knowledge and experience you need, so you can get the best deal possible. Partnering with a good agent will ultimately afford you the confidence, experience, and knowledge you deserve, so you can safely navigate the complicated path to buying a home.

MARKET KNOWLEDGE- A well-qualified agent with exceptional market knowledge can help you get the best value through comparing various properties in similar areas - also known as comparables or comps. Understanding the local market is key to finding the best home at the best possible price.

PROFESSIONAL NEGOTIATION- Making an offer and negotiating with a seller is by far one of the most specialized steps of the home buying process. Having an experienced agent who's adequately prepared and emotionally neutral to negotiate the deal of your future home is vital to getting you the best deal possible.

INSIDER KNOWLEDGE- Wouldn't it be great to know about a home that's going up for sale before it's listed? It's important to recognize that many transactions happen behind closed doors before the property ever hits the market. Therefore having a well-networked agent is extremely important to the success of your home buying process.

KNOWLEDGE OF INDUSTRY STANDARDS, LEGALITIES, AND CONTRACTS- A realtor will have a better idea of the process, home values, current market, and trends than if you try to research and buy a home without a realtor. They can help you by preparing an offer, by adding contingencies, comparing recent sales, and will help you put in an offer that can win the home without paying more than the home is worth or moving into a home with issues. Oftentimes, buyers who represent themselves leave money on the table because they don't fully understand disclosures. Due to their lack of experience, they're often unable to negotiate the best deal. More importantly, they don't understand the necessary legalities involved throughout the home buying process, which can open them up to potential lawsuits. This is why it becomes imperative to stay legally protected and get the best value through professional representation. Your real estate agent is also your professional guide to help simplify the process and provide technical support. Their insider knowledge and understanding of the market can give you information to make informed decisions.

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