The Top 5 Reasons You Need a Real Estate Agent when Buying a Home

The Top 5 Reasons You Need a Real Estate Agent when Buying a Home

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And when you join in, it can be quite confusing. But here’s what you really need to know: Now more than ever, the expert advice of a trusted real estate agent is invaluable. And here’s why.

A real estate agent does a lot more than you might think.

Your agent is the person who will guide you every step of the way when buying a home, looking out for your best interests. They simplify a complex process and take most of the stress out of what is probably your biggest purchase ever. And that’s exactly what you want and deserve.

This is at least part of the reason why a recent Bright MLS survey found that an overwhelming majority of people agree that an agent is an important part of the home buying process (see image below):

Check out this list to give you a better overview of some of the top ways brokers add value.

1. Offer industry experience

The right agent – ​​the professional – will guide you through everything from start to finish. Due to their professional training and expertise, the brokers know the ins and outs of the buying process. And in today’s complex market, the way real estate transactions are conducted is constantly changing. It is therefore essential to have the best advice at your side.

2. Provide local expertise

In a world driven by data, a great agent can clarify what it all means, separate fact from fiction, and help you understand how current market trends impact your individual search. From the speed at which homes are selling to the latest deals you shouldn’t miss, they can explain what’s happening in your specific local market so you can make a confident decision.

3. Explain prices and market value

Agents help you understand the latest pricing trends in your area. What is the value of a home in your market? What should you think about when making an offer? Is this a home that may have issues that you can’t see on the surface? Nobody wants to overpay, so having an expert who can truly determine the true market value for individual neighborhoods is invaluable. An offer that is both fair and competitive in today’s real estate market is crucial, and a local expert knows how to help you hit the mark.

4. Review contracts and fine print

In a fast-paced and highly regulated process, agents help you understand the necessary disclosures and documents so you know what you’re signing. Having a professional trained to explain the details can make or break your transaction, and you certainly don’t want to try to figure this out on your own.

5. Bring negotiation expertise

From offer to counteroffer and inspection to closing, there are many parties involved in a real estate transaction. Having someone on your side who knows you and the process makes a big difference. An agent will advocate for you while working with each party. It’s a big deal, and you need a partner every step of the way to achieve the best possible outcome.

Bottom line

Real estate agents are specialists, trainers and negotiators. They adapt to market changes and keep you up to date. And remember: every time you make an important decision in your life, especially a financial one, you need an expert on your side.

Expert advice from a trusted professional is invaluable. Contact a local real estate agent today.