It goes without saying that buying a home is a large purchase. One that many homeowners do only every 5-10 years. Yet despite this infrequent, but large purchase, many choose to venture out and do it alone. Many buyers just figure that if they have access to the MLS, they have everything they need. I think that you are putting your purchase at risk by not using a buyer’s agent. Here is why:
- In most areas, the buyer’s agent is paid a portion of the listing agent’s commission. Consequently, it is FREE to use a buyer’s agent. Why not let them do the work for you, help you get the best deal and have someone else pay them? What other purchases let you do that?
- Any real estate agent should be familiar with the all of the legal, ethical, and customs of their local market. This can help you not only navigate the process easier when you do find a house you want, but it can also help you put together the strongest offer possible to help you get that new dream home.
- Using a buyer’s agent that specializes in a specific area, such as Lake Minnetonka Homes for sale, may give you some inside knowledge on what to pay for a home once you find one you like. The agent should know how this home compares to others that have sold in the area. He can also tell you where the nearest shopping is, how the schools are, and any other items about the community.
- Every real estate agent has list of other reputable housing resources that they can refer you to such as inspectors, painters, movers, and such. These referrals can be an invaluable resource to insure you are using a vendor you can trust.
Using a buyer’s real estate agent is one of the smartest investments you can make when looking to buy a home. And it is free!