buying a home from a distance

3 Reasons For Hiring A Real Estate Agent

16 July 2020

Jeffery Wright

At some point in life, there comes a time when a person wants to settle down in their own home. Choosing a house can be a daunting task considering the number of houses that are up for sale. However, with the right mindset and guidance, finding a home that is best suited for your needs is possible. Here are some of the reasons you need to hire a Realtor when shopping for a house.

Access to Homes

Sellers are usually conservative about who they leave the keys to their house. In many cases, they'll allow a real estate agent unsupervised access to their homes. However, if you want to inspect a house on your own, you've to wait for the seller or the seller's agent to be available.  

Scheduling an appointment for a tour of the house can be difficult and time-consuming. In this case, you only have an good chance to tour the property during open houses, when the seller opens the home for public viewing. This means you'll be facing stiff competition from the other people interested in the house.

The advantage of having a Realtor is that you can view properties anytime. Furthermore, your agent will highlight the strong features of the house and may be able to identify significant flaws. If the seller's agent is present during the tour of the house, your Realtor will be able to ask the most appropriate questions that will help you make your decision.

Contracts

One of the most critical aspects of buying a house is signing a contract. The contract has legally binding terms and conditions, which means if you fail to raise concerns or withdraw from the contract during the "cooling-off period," you're stuck with the property regardless of its flaws. A Realtor is crucial in helping you understand the implications of the contract for sale.

The first thing your real estate agent will do is perform property searches and arrange for inspections to ensure that the property is in good condition. Your Realtor will also ensure that all the legal requirements have been observed during all the processes leading to contract's signing. If you want to withdraw from the contract, your Realtor will help you do that according to the law and will help you find an alternative house.

Negotiations

Real estate agents are familiar with the property market. Firstly, they know the factors that affect pricing in the housing industry. Secondly, they know where to shop for houses. Finally, they're aware of aspects like the prospects of growth in a specific location or state.

Going to the housing market alone will most likely result in paying an exorbitant price for a home. With a Realtor by your side, you'll be able to negotiate a fair price based on crucial factors like the current housing market. Your Realtor will also be in an excellent position to broker the best payment terms based on your financial situation.

If you're ready to start looking for a new home, talk to a local Realtor for advice.

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