With the numerous sources of information available online, more and more people wonder if they really need to use the services of a real estate agent or not. But is it that easy? Not really! In order to make the right decision you have to consider several aspects before taking it all on your own. Here are some key questions to ask yourself before you decide to buy a home without the help of a professional!
Is buying a home without a real estate agent such a good idea?
Unfortunately, purchasing a home without a real estate agent can easily turn into a real financial nightmare… So, it doesn’t hurt to ask yourself these questions before you make up your mind! Buying a property nowadays is not as easy as A B C!
- Are you ready to deal directly with the seller’s agent?
With no one to do this for you, guess what – you’ll have to get in touch with every seller’s agent – discuss, settle down appointments and negotiate the asking price too! Apart from time, you’ll also need a lot of patience, experience and negotiation skills too!
- Are you aware that there’s a pretty good chance you’ll make costly mistakes?
As a newbie buyer acting on his/her own, you also face the possibility to kill the deal or buy something that turns out in the end not to be what you expected! Therefore, knowing from the start both sides of the deal might just give you a glimpse of the entire story!
- Are you prepared for a long waiting period and few results?
Being alone in this industry doesn’t guarantee you fast results or even positive ones at all. More than that, without a real estate agent you won’t find everything to go that smoothly and effortlessly as you’ve probably heard!
- Do you have the right knowledge to make the right moves?
It’s easy to understand why some resemble the real estate market with a chess game! Picking the perfect home from a variety of similar properties available on the market can become a real challenge if you don’t know the key aspects you have to focus on. Can you remove yourself from the emotional phase of this entire transaction? If not, then it is probably better to get a professional to manage the entire transaction! Sometimes, the real estate market is not what it appears to be; there’s a pretty good chance you’ll get a checkmate!
- Can you handle the paperwork all by yourself?
With a real estate professional you can firmly say ‘Bye, bye red tape!’ No more stress and complicated paperwork to deal with! In addition, a real estate professional will provide the necessary info for you to make the safest decision! No more chances to lose properties and stumble upon exasperating documents! So, why not hire someone more skilled and more experienced than you are at real estate procedures?
The real estate market has its secrets too!
Without the proper knowledge and experience, the real estate market can turn out to be a genuine maze for newbies, with a lot of traps and obstacles! So can you actually handle it all by yourself? No matter what, it pays to take some moments to see the shortest way to success! Remember this can have a huge bearing on the end result, so balance things wisely before you get to a point and regret it all!
Bottom line – the reasons why you should hire an agent when dealing with a real estate transaction are endless! So, before you decide, judge the situation objectively – is it that safe to play with such a large investment or would it be better to choose the safest route?