Whenever I come across potential home buyers who are not working with an agent, I always recommend that they contact one immediately. I usually have several qualified Realtors in their target area that I can recommend. When they ask... "Why do I need a Realtor to purchase a home?" I tell them this.......
Always Hire a Buyer's Agent !!
Here's why...........
Outside of getting pre-qualified for a mortgage, this is the most important thing a home buyer can do.
- A buyer's agent is a real estate agent hired specifically to help a person interested in purchasing a home. This agent will work for you and will always have your best interest in mind.
- Buyer's agents will research a property and give you valuable information that the agent who is representing the seller is not allowed to provide. This includes any public records showing what the current owner paid for the home, the last mortgage on record, comparable homes in the neighborhood and how long the property has really been on the market.
- A buyer's agent can also give you a thorough explanation of the best way to approach a negotiation of the property. In addition, a good buyer's agent will have a list of resources that will help you in the home buying process, including home inspectors, contractors and attorneys.
- The best thing about hiring a buyer's agent is that it often costs you nothing! Because of the agreement between the seller and the listing agent, compensation is offered through multiple listing services that encourage other agents to show the property. The seller pays the commision of the Realtors.
There really is no reason to ever NOT hire a buyer's agent. They represent your interests and cost you nothing at the same time.
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