The journey to homeownership can be a daunting process – especially with today’s limited housing inventory and competitive real estate markets. That’s why now, more than ever, it is greatly beneficial to work with a professional Realtor. Here are 6 perks to working with a Realtor:
GuidanceIf you are buying your first home, you will find comfort working with an experienced real estate professional. They can help determine your ideal location, based on preferences and budget. It’s easy to go down a rabbit hole when looking at real estate listings online and you can lose track of what is actually attainable within your budget. A Realtor can help you distinguish between your must-have home features and your nice-to-have features in order to better target your search.
An experienced real estate professional will have the expertise to provide you valuable information on local home markets and comparable sale prices. Purchasing a home can be a complex process. Your Realtor will have the experience to fully explain the steps in purchasing a home and can help you navigate any bumps along the way.
Established Realtors have a robust network of other professionals who help facilitate a smooth transaction process. Realtors often have working relationships with other local Realtors, home inspectors, contractors and lending professionals. If a Realtor knows your preferred neighborhood, they can reach out to their network and get information on homes for sale –sometimes before they are officially listed, which can help give you a leg up on the competition!
One of the biggest perks of working with a Realtor is that you will have an expert who is contractually bound to protecting your best financial interests. When making a large financial decision, such as buying a home, there is a sense of security knowing your Realtor has your best interest in mind.
During the home purchasing process, there are various potential problems that can arise. Luckily, a Realtor can monitor all the paperwork to help avoid any pitfalls. Whether it be clearing the title of the house, managing financing deadlines or arranging contractors to complete home repairs prior to the house closing, your Realtor will manage all these items. Your realtor will handle important transactional details so you can focus on preparing for your big move.
Most importantly, your Realtor will handle the entire negotiation process. This includes presenting your offer and counteroffer forms. If any problems are identified during the home inspection, your Realtor can negotiate the repairs. The benefit of having an experienced Realtor handle your negotiations is that they have a clear idea of what is reasonable and can present your offer in a professional manner. Negotiating is the main component of your Realtor’s job. Their experience and knowledge of the market combined with their negotiating skills make your Realtor the best person to go to bat for you.