6 REASONS HOME BUYERS NEED A REALTOR

 

One could ask, do I need a realtor? Many homebuyers ask this question.

Purchasing real estate assets is a long term investment. Buying an asset is a lifetime commitment that involves risks. Find out why it is important to have a reliable real estate expert at your disposal when going into a real estate transaction.

 

Market Knowledge

A realtor has in-depth knowledge of the local real estate market. In every location, town or city, always remember that the real estate agent knows the vicinity better. They are your tour guide in this market and will guide you in the right direction.

 

Superior Negotiating Skills

Your real estate agent knows the best possible price to purchase a home. They are well trained and mentally prepared for any negotiation hurdle. With their experience, they can save you money on a purchase of a mouth-watering property.

 

Fiduciary Duty

A realtor’s first responsibility is to you – the client. A real estate agent is legally obligated to the client. Your interest is a realtor’s top priority. You can trust a realtor.

 

Time-Saving

A realtor can make life easier for you by saving you energy and time. A real estate agent will do the work for you to find properties that fit your standard.

  

Realtors are emotional Filter

A real estate agent is not emotionally attached to the property you wants to purchase. Buyers often get emotionally attached to a property that ticks their checklists box of requirements. Hiring a realtor would prevent you from making hasty decisions to purchase a home.

 

Investment Potential

The realtor standpoint is to see the potential investment opportunity in the home and give advice to prospective buyers.

On the plus side, you get a professional service from the real estate agent for free but the realtor earns his commission from providing the owner with a buyer.

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In the words of Theodore Roosevelt, “Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.”

References: Investopedia, Forbes, and The Balance

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