Top 5 Reasons to Hire a Real Estate Agent When Buying a House

You may have noticed recent news headlines about real estate agents and commission discussions. And if you are following along, it can be very confusing. But here's what you really need to know: expert advice from a reputable real estate agent is now more valuable than ever. And here’s why.

A real estate agent does a lot more than you may realize.

Your agent is the person who will guide you through every step when buying a home and look out for your best interests along the way. They smooth out a complex process and take away the bulk of the stress of what’s likely your largest purchase ever. And that’s exactly what you want and deserve.

This is at least a part of the reason why a recent survey from Bright MLS found an overwhelming majority of people agree an agent is a key part of the homebuying process (see visual below):

 a green and grey pie chart

Check out this list to get a better idea of some of the most common ways agents add value.

1. Deliver Industry Experience

The right agent – the professional – will coach you through everything from start to finish. With professional training and expertise, agents know the ins and outs of the buying process. And in today’s complex market, the way real estate transactions are executed is constantly changing, so having the best advice on your side is essential.

2. Provide Expert Local Knowledge

In a world that’s powered by data, a great agent can clarify what it all means, separate fact from fiction, and help you understand how current market trends apply to your unique search. From how quickly homes are selling to the latest listings you don’t want to miss, they can explain what’s happening in your specific local market so you can make a confident decision.

3. Explain Pricing and Market Value

Agents help you understand the most recent pricing trends in your area. How much is a home worth in your market? What should you consider when making an offer? Is this a house that may have hidden issues? Nobody wants to overpay, so having an expert who understands the true market value for individual neighborhoods is invaluable. An offer that’s both fair and competitive in today’s housing market is essential, and a local expert knows how to help you hit the mark.

4. Review Contracts and Fine Print

In a fast-paced and heavily regulated process, agents help you make sense of the required disclosures and documents, ensuring that you know what you are signing. Having a trained professional explain the details could make or break your transaction, and it is certainly not something you should try to figure out on your own.

5. Bring Negotiation Expertise

From offer to counteroffer and inspection to closing, there are a lot of stakeholders involved in a real estate transaction. Having someone on your side who understands you and the process makes a huge difference. An agent will represent you as they work with each party. It is a big deal, and you will need a partner at every stage to ensure the best possible outcome.

Bottom Line

Real estate agents are experts, educators, and negotiators. They adapt to market trends and keep you informed. Remember that every time you make a major decision in your life, particularly one involving money, you should have the assistance of a professional.

Expert advice from a reputable professional is invaluable. Let’s connect today.

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