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If I Can Research Properties on the Internet, Why Should I Work With An Agent?

Reblogger Lora "Leah" Stern 914-772-4528
Real Estate Agent with Coldwell Banker, 170 N Main Street, New City NY 10956

Information is so readily available today on the internet that many buyers think they simply don't need an agent. This post by Ann O'Connell goes a long way towards educating a buyer and explaining the many things an agents will do for them, the value and benefits of using one.  So, if you're thinking of going it alone, think again; and if you're thinking of buying in Rockland County, NY make it a stress free experience and give me a call.

Original content by Ann O'Connell

I am a do-it-myselfer.  I enjoy the challenge of fixing what's broken on my own, of discovering something new, and of finding a good bargain.  So I have to admit I get it when people tell me they think they don't need an agent for buying a house.  Between being able to search our MLS online, internet postings about open houses, and virtual tours, buyers have so many tools at their disposal, it's easy to start believing you can do it yourself.  Too easy . . . because there's a lot more to buying a house than simply finding a pretty one on the Internet.

We are seeing a real trend - buyers researching properties on the Internet, attending open houses, and then trying to put in offers on their own in an attempt to save on some commission.  Sometimes it works.  But more often than not, the buyers' attempt to save a buck ends in disappointment.  A couple of weekends ago I saw the perfect example of why you can't always do it yourself.  I hosted an open house at an extremely well-priced townhome in a popular subdivision in Boulder.  People were literally waiting at the door for me to open it, saying they'd seen it come up on the MLS and couldn't wait to check it out.  Unfortunately, their ship had already sailed.  Other buyers had already jumped on the property, having had early notice of its being on the market and having seen it before the open house.  How could these open house visitors have avoided this disappointment?  By having their agent alert them of the new listing and get them into the property as soon as possible to check it out.

Your agent alerting you to new interesting listings is just one small example of how working with a buyers' agent can pay off.  There are so many other benefits: the agent's knowledge of the market and sales prices, which can help you avoid overpaying; the agent's experience with contracts once you make an offer; the agent's experience in bringing in qualified inspectors and professionals to evaluate the property you're buying . . . the list goes on and on.

All things said and done, after negotiating an offer, inspections, appraisals, and mortgage issues, working with an agent will often save you more than you will pay out in commission.  It also avoids countless evenings filled with stress and worry over the pending transaction.  Buying a house is just not the time to be a do-it-yourselfer - save that for the new kitchen remodel!

Boulder County REALTOR

www.oconnellhomes.com

303-868-3957

Posted by

Lora "Leah" Stern - Your Rockland County, NY REALTOR of Choice - (914) 772-4528

Your Rockland County, NY Real Estate SpecialistLeah Stern Signature Photo

Lora "Leah" Stern
Real Estate Salesperson
Coldwell Banker Residential Brokerage
(914) 772-4528 CELL
(845) 634-0400 OFFICE
(862) 345-2463 FAX

If I can assist you in any way with your real estate needs in Suffern, NY Rockland County or the surrounding areas, please feel free to contact me by phone at (914) 772-4528, email me at Leah.Stern@cbmoves.com or visit my website .

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Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Great reblog.  You're right, realtors add so much value.  And, a huge time saver for clients.  Thx for reblogging.

Aug 25, 2010 06:46 AM
Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Debbie, I know I'm right, you know I'm right.  We just need all the buyers to recognize that we're right.

Aug 25, 2010 07:10 AM
Bill Burchard
3B Realty: 951-347-3818, CA - Murrieta, CA
Broker, Realtor, Representing Buyers and Sellers

Thanks for sharing this, Leah. It’s not a good idea for inexperienced buyers to go it alone when committing to the single biggest purchase of their lives.

If you don’t know what you’re doing, please, please hire a professional.

Aug 25, 2010 09:10 AM
Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Bill - and most of them don't know what they're doing.  Provided everything goes smoothly and without a hitch, they might even get away with it.

Aug 25, 2010 02:31 PM
Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Leah, this was a great reblog! I missed it earlier. Buyers are like babes in the woods when they try to do this on their own. And there are those out there who would take advantage....

Aug 25, 2010 02:52 PM
Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Andrea - yup, not just take advantage, but prey on you.

Aug 25, 2010 03:15 PM