Why Use a Realtor® to Buy a Home

All real estate licensees are not the same. Only real estate licensees who are members of the National Association of REALTORS® are properly called REALTORS®. REALTORS® are committed to treat all parties to a transaction honestly. They subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate.

Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the fact that nearly 100% of all residential real estate transactions involve no cost for buyer representation, wouldn’t it be foolish to consider a real estate purchase without the professional assistance of a REALTOR®? 

But if you’re still not convinced of the value of a REALTOR®, here are more reasons to use one:

Help Determine Your Buying Power
With some basic information from you, your REALTOR® can refer you to lenders who are best qualified to help you. With so many choices of loan programs, you need the assistance of an expert in financing.
Utilize Their Many Resources to Assist in Your Home Search
Sometimes the property you are seeking is available but not actively advertised in the market and it will take some investigation by your agent to find all available properties.
Assist You with the Purchase of New Construction
Many buyers are unaware that they should have representation in the purchase of a new home. Your agent is looking out for your best interests – the builder’s representative is looking out for the builder’s best interests. Contrary to popular belief, the price you pay for a new home is not increased if you have an agent working for you. Builders work with REALTORS®.
Provide Objective Information about Properties During the Selection Process
REALTORS® can provide local community information on utilities, schools, taxes, etc. There are two very important things you’ll want to know. First, will the property provide the environment I want for a home of investment? Second, will the property have resale value when I am ready to sell?
Help You Negotiate
There are many negotiating factors involved in a home purchase, including but not limited to price, financing, terms, possession and often the inclusion or exclusion of repairs and furnishings or equipment. Your agent can help reduce the stress which sometimes arises during this phase of a home purchase.
Provide Due Diligence During the Evaluation of the Property
Depending on the area and property, this could include inspections for termites, asbestos, faulty structure, roof condition, septic tan and well tests, just to name a few. Your REALTOR® can assist you in finding qualified responsible professionals to do these investigations and provide you with written reports.
Guide You Through the Closing Process
Your REALTOR® will be in constant touch with your lender, the title company and anyone else involved in the transaction to make sure everything flows together smoothly.
Information obtained from the National Association of REALTORS®

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