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Is a real estate agent a necessity to sell or buy a home?

Buying a home: with or without a realtor

Every person once has to face a situation when he needs to sell or buy property, however, there is another challenge in this situation that appears immediately after this decision: do you need services of a realtor or you will have to cope with this situation yourself? Of course, modern laws do not force people to hire real estate agents. It must be their own decision if they require these professional services or not. Another question is whether a person is ready to cope with all those responsibilities that appear in this case or it will be more reasonable to entrust a professional. Let’s find out who real estate agents are, what their job involves and how they can or cannot be useful when you sell or buy a home.

Realtor responsibilities

Many people believe that the main responsibility of real estate agents is to look through several listings, choose several examples that meet customer’s requirements, show them to him or her and sell it. However, it is only one side of the medal. Not everyone realizes the amount of work done by the realtor to find a suitable property. A good real estate agent not only looks through the Multiple Listing Service but also learn all the details connected with this property, makes pre-inspections before adding it to the ones to offer a client, learns about the neighborhood and facilities etc. The main benefit of hiring a professional is the fact that a home for sale will be inspected by an experienced person who will immediately spot any issues and prevent you from making a big mistake or ask for a discount.

One more important thing to mention includes the protection of customer’s interests during the transaction. They are connected with other professionals such as insurance officers, appraisers, employees of home warranty and home inspection companies, making your research online to find the best home inspector in your area a little easier, and have completed all the stages of selling or buying a home for dozens of times.  

Real estate agent payment

It is natural that every person would order realtor services if they were free. However, the main thing that makes people doubt if they need a realtor is an obligation to pay for their services. At the same time, not everyone knows that it is better to buy a home with a real estate assistant since anyway, the commission is paid by a seller. Even if a home seller hired another agent, the commission is often split between two realtors and paid partially by a seller.

Buying a home without a real estate agent

It is natural that a person can buy a home without the professional assistance of the realtor. It means that all the responsibilities taken by the real estate agent fall down on the shoulders of the buyer. The main task of the potential buyer is to find a home for sale looking through the listings. Another thing to consider is the neighborhood it is located in. You will need to communicate with the neighbors, find out what facilities there are, and what quality of education in the local school is. It means that you will have to arrive there several times and try to convince unknown people to tell you the truth. The purchase of the home is not only a very important stage in every person’s life but also a rather expensive one. That is why you do not have the right for a mistake and need to devote a great deal of time to make everything properly.

Every person who has to deal with selling or buying property realizes how responsible this process is. Any minor mistake can cost you very much and this reason is one of the main factors that encourage people to hire real estate agents. It is much better to pay a bit more but be confident that there will not be any unpredictable situations. Moreover, you get a number of benefits and reduce your personal involvement in this process, and these advantages sound very convincing to opt for professional help.

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