Why You Need A Buyers Agent
These days it’s easy to find information on available homes for sale. All you have to do is look on any number of real estate sites online, or use one of the many available house-hunting apps.
We’re not denying that you can search for properties and find the history of past home sales without the assistance of a real estate agent. At the same time, there are many reasons why working with a skilled buyer’s agent will give you a leg up on the competition and score the house of your dreams.
Take a look at our top 3 reasons to work with a buyer’s agent:
1. A buyer’s agent provides accurate interpretation of data
Tech-savvy buyers today have a boatload of information at their fingertips. But, unless you spend every day going in and out of these properties, you’re not going to know which houses might be the best ones for you based on market statistics, resale value, and other relevant data.
There are so many subtleties that affect the value of any given property. Some of the top factors to consider include:
The location of a house within a particular neighborhood
Where the unit is located within a building
The amount of sunlight a property gets
The views or lack of any views whatsoever
The layout or flow of the home or condo
Whether the property has been renovated and to what degree
The overall condition of the building
You may not realize that it’s impossible to gather all of the above information from pictures and descriptions available online. The accurate interpretation of data can only come from experience.
2. A buyer’s agent provides guidance and coaching through emotional roadblocks
Buying a home is a personal, intimate and emotional process. This is no surprise as this may be the largest financial transaction you will make in your lifetime. For this reason, it’s normal to experience fear and anxiety over making the right decision. A sophisticated agent will ask you questions and listen to you in order to understand your motivations. When you feel overwhelmed by any part of the buying process, a good agent will be there for you every step of the way. Your agent should be prepared to discuss the following with you:
Your decision to move forward on any given property
How much is a reasonable and fair amount to offer
What the inspection results mean and if this poses an issue with the sale
Most importantly, however, your real estate agent should be your partner and help you sift through your roadblocks. This way, you will confidently arrive at the best decision - for you.
3. A buyer’s agent wears many hats to make the process seamless for you
Have you seen House Hunters? Reality TV romanticizes and simplifies the job of a real estate professional. In these shows, we open a few doors, fill out paperwork, and collect commission checks.
The real life situation is much more complicated. No two real estate transactions are the same. Every deal brings together a new set of circumstances and personalities. And, there are many moving parts required to bring a transaction to a close. Not only that but a deal brings together a slew of parties, all with their own goals. Just think: In order to buy a house, the deal involves you, the seller, the other agent, attorneys, a mortgage lender, and a bank appraiser. To handle these personalities, you’ll need to find a buyer’s agent who is communicative, responsive, patient, honest, respectful, detail oriented, organized, intuitive and adaptive.
In a nutshell, you’ll need to find a real estate agent who can anticipate your needs and guide you through a seamless buying process. Where to find this agent? I’m ready and can’t wait to work with you. What are you waiting for? Let’s go find a house!