Email Preview: |
Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Q&A: "Do I really need a Realtor to buy a house?"
Do I really need a Realtor to buy a house? The simple answer is, "No." The smart answer is, "Yes." Anyone can buy a house without a real estate agent, but there are advantages to having an agent represent you in a home purchase. Last year, I sold a property for a wondeful family. They had bought their home directly from the seller without representation. When I did the preliminary CMA to determine value, I was surprised at what they paid for the home considering they bought it on the down side of the market collapse of 2008. In my estimation, they paid $60,000 higher than the market was demanding at the time. When we listed their home, they received an offer that was quite a bit lower than the list price, and they ultimiately gave concessions that dropped their return approximately $60,000. With their original purchase price coupled with their concession dollars they actually lost $120,000 on their home. Buying with an agent could have prevented them from spending more than they should have. Why should you use an agent when buying a house? An agent can help a buyer purchase in the price range a home should sell ... more
__________________________________________________ Are you on The Rain? Grow Your Network!
|