The choice of using a real estate agent to purchase your home comes with a long list of pros and cons. In this era of internet-savvy buyers, it becomes much harder to justify paying someone else to do the research for you. But as with any significant financial decision, MiLEND encourages you to consider the benefits of using a real estate agent in the homebuying process.
Buying a home can be the biggest financial investment you will make in your lifetime so you will want to ensure you have the right people on your side. Below are seven reasons why your next home purchase should consist of an agent.
7. PRICING EXPERTISE
These people know their stuff, and if working with a true professional, they will be able to spout numbers at you faster than you can absorb them. From understanding the local market, to neighborhood values, to specifically gauging if a house is over or underpriced. If you have strong communication with your agent ahead of time, hopefully your agent won’t waste your time touring homes that don’t fit your requirements.
6. DEAL BREAKERS
It’s not that uncommon for a deal to be delayed at the last minute, and there are numerous instances that can cause this (problems with the title, issues with financing, etc.). Real estate agents know what to be on the lookout for and can prevent or rectify problems before they set you back too far.
5. HOUSE HUNT
You would be shocked to learn how many homes never make it to large online listing sites. For various reasons, some homeowners don’t want the house actively advertised for the sake of privacy. Working with a real estate agent gives you access to homes you might otherwise miss seeing.
4. PAPERWORK MOUNTAIN
You’ll likely never do anything in your life which requires more paperwork than purchasing a new house. Document after document, with perhaps little understanding of what you’re signing, can pile up faster than you ever dreamed. With an agent, not only will they explain each step of each document, they will be sure you never miss signing important notices.
3. UNEMOTIONAL NEGOTIATIONS
You’re a levelheaded person by nature, but when it comes to the battle for your home, it’s often hard to leave emotion out of the negotiation. An agent comes armed with experience, positivity and a direct understanding of expectations, both from you and the industry.
2. THOROUGH RECORD KEEPING
Real estate agents can serve as good resources years after a deal is closed. In some states, licensed agents are required to keep full files of all documents in all transactions for several years. You should keep files yourself, but you can count on your agent to hold on to your information, organized and safeguarded should trouble arise with the property in the future.
1. REPUTABLE LENDERS
When the sale nears closing, all sorts of problems can kill the deal. An agent knows the signs of trouble and can help solve problems before they arise. With an experienced agent comes a reputable lender, such as MiLEND. When financing your home, it’s important to work with mortgage industry experts who will deliver competitive interest rates, on-time closings and professionalism. For mortgage loan assistance, speak with Jay Volles of Milend Inc.
Jay Volles
Loan Officer
Office: 404-537-4439
Fax: 404-537-4440
jayvolles@milend.com
NMLS #831806
Georgia Residential Mortgage Licensee #33072
You must be logged in to post a comment Login