This is a common question of many homebuyers. From navigating the home search, contract negotiation, appraisals and inspections, protecting your best interests is paramount. It’s true that you could attempt a sale or purchase without using a buyer’s agent, but do you feel comfortable enough to represent yourself?
Having an experienced and professional buyers agent could be the difference between signing the dotted line on the home of your dreams or having buyer’s remorse as soon as the ink dries.
What Does a Buyers Agent Do?
Realtors have a fiduciary duty to look out for the best interests of their clients. A buyer’s agent always keeps their client’s best interests in the forefront, looks to get the best possible price on the best terms possible, and protects you from start to finish. Below are three things that a skilled and reliable buyer’s agent can bring to your home search.
They See Things You May Not
As an experienced real estate agent, over the years we see homes of all different types and conditions. When it comes to spotting potential deal-breakers like possible water damage, structural concerns and deferred maintenance, a buyer’s agent is your best bet to make sure you’re getting a good deal. Although a home inspection will tell you the official findings, an agent will be able to give you a great idea of what you are getting into from the first showing.
Finding Houses Before They Hit the Market
Real estate agents network every day with other agents, brokers and potential sellers. It is not uncommon for an agent to come across a house before it hits the market, making it an opportune time to snag a house without competing offers. Additionally, buyer’s agents build strong relationships with mortgage lenders, home inspectors and industry professionals that can make the process much smoother and a lot less stressful.
Getting your Offer to the Top
A skilled buyer’s agent has the negotiation skills required to keep offers competitive that would be discounted otherwise. In many instances, it’s not always just about the price. In a fast seller’s market, you need a good agent to draft a clean offer with favorable terms to help you win in a multiple offer situation.
When Should You Contact a Realtor to Buy a House
Finding an agent may feel a little overwhelming, but don’t let fear and anxiety block your road to homeownership. Take your time and speak with a variety of agents and share your real estate goals with them. Be sure to include Twin Spires Realty in your search. It may not be required to use a buyer’s agent, but it certainly could be the best thing you do during the home buying process.