If you are thinking about purchasing a home, you might be wondering if you should work with a real estate agent. Buying a house is one of the largest purchases most people ever make and a professional will help you navigate the process. Here are six reasons why you should use a real estate agent when buying a home.
1. Finding Properties
Many people search the internet looking for the perfect new home, however, online listings are not always updated quickly. You may think you have stumbled across a great piece of property at a fair price, but when you inquire about it, you find out that it’s already under contract.
If you use a real estate agent when buying a home, he or she will tell you about available homes, sometimes before they are even listed online. Your agent can set you up with a customized home search so you’ll know when a property that fits your needs within your price range hits the market. Not only will you learn about newly listed properties quickly, but the agent will also keep you posted about homes that will be coming on the market soon.
2. Schedule Appointments With a Real Estate Agent When Buying a Home
Contacting sellers to make appointments takes time and coordination. Your agent can contact several sellers and schedule multiple appointments for one weekend. Using a real estate agent when buying a home is a time saver because you have someone working for you while you are busy at work.
3. A Detailed Contract
Real estate contracts are detailed and lengthy, which protects you and the seller. They cover topics such as down payment, reasons to back out, and the closing date. Contracts also give the escrow officer instructions on how to prorate the taxes, and information on who is going to be carrying the title. A real estate agent improves the communication between all parties and helps you understand all of the documents.
After you have found a home and put in an offer, the seller might counter you. An agent will help you decide if you should accept the counter, counter back, or walk away. Some of the common things that sellers counter are the price and the close of escrow.
Some less common requests from the seller are the seller living in the house past the close of escrow, which can happen if they are waiting for their new property to be built. Another uncommon request is for the seller to remove some fixtures from the house, such as an antique chandelier. A real estate agent will advise you in any of these situations.
5. Using a Real Estate Agent When Buying a Home Helps You With Inspections
When you use a real estate agent when buying a home, he or she will recommend certain types of inspections to order. Some of the inspections the agent might recommend besides a general home inspection include a wood destroying insect inspection, a septic inspection, or a radon test. Once you receive the inspection report, you and your agent will decide if negotiations or requests to the seller are necessary.