Buyers: Why You Need a REALTOR’S® Representation?

There are many reasons you should always have a REALTOR® represent you, but one of the biggest reasons is because REALTORS® are required to treat all parties to a transaction with honesty. REALTORS® also subscribe to a very strict code of ethics and maintain a higher level of education in the real estate industry than non-REALTORS®.

Buying property is one of the biggest financial transactions most people experience in their lifetime. Today, many transactions exceed $100,000. If you had a $100,000 legal issue, would you attempt to solve it without consulting an attorney? When you consider the huge risk you would be taking without the representation of REALTOR®, it’s a small price to receive professional assistance and peace of mind.

If you’re still not convinced of how valuable a good REALTOR® is, consider these reasons:

A REALTOR® can help you determine how much house you can afford. This includes any financial reserves you have available plus the amount you can borrow. With a little information about your financial standing, your REALTOR® can refer you to the best qualified lender for your needs.

A REALTOR® will have access to search properties in many places that you may not even be aware exist. They will also have knowledge of properties that may be available but are not actively advertised.

Two important things buyers always want to know about are whether or not the area can provide the environment they want for a home and whether or not the home will hold its value when they get ready to resell. A REALTOR® has access to many resources and can provide answers to these questions.

A REALTOR® can help you negotiate. They handle negotiations every day so things that you may not be aware are second nature to them. They can advise you on everything from what to offer to date of possession to which inspections you should have done.

Financing options can also be quite confusing. Your REALTOR® can help you understand what your choices are and which lender is best for you.

Your REALTOR® can help you get through the closing process smoothly. The closing table can be a scary place, especially for new buyers. Your REALTOR® can help make sure you know exactly what to bring and exactly what’s going to happen.