Buying a home is exciting and is one of the most significant purchases you will make in your life. Whether it is preparing to get a mortgage or house shopping, making a mistake when buying a home can lead to many future headaches. Buying a house is about making the right financial investment on a long-term basis while finding the perfect home that checks off all of the boxes on your wish list for you and your family. The home buying process can get complicated, and while you are no expert, you want to make sure you are following the right steps by hiring an experienced real estate agent who will put your best interests first and find you the perfect home.
5 Reasons Why You Should Hire A Realtor® When Buying A New Home
While it can be appealing to conduct the home buying process on your own, a real estate agent has the experience and tools to help you find your dream home. Not all listings can be found on online websites and other platforms. A real estate agent has extensive connections and knowledge about other properties that you would otherwise miss out on. Here are a few reasons why you should hire a Realtor® when purchasing a new home:
It’s Free
As a buyer, you will not have to pay any real-estate commission to your agent. Your agent will be paid by the seller once the home is sold. The commission is determined by the final sale price of the home, and the sellers' agent typically splits the commission with the buyers' agent once the sale is complete.
Local Knowledge
A buyer's agent will have valuable experience to find you the perfect home for you and your family. Working with a real estate agent who knows the ins and outs of the neighbourhood you are interested in will make the buying process go a lot smoother, without wasted time. They will be able to show you homes that meet all of your needs and preferences so you do not have to waste your time researching and looking around for a property on your own. They will also know of the popular areas within your city or town and which neighbourhoods to avoid.
Experienced Market Analysis
Submitting an offer on a home is no easy task. Understanding previous sales in your area, market conditions, and the seller’s motivations all play an integral role in writing a solid offer. Your real estate agent will have extensive knowledge about all of these topics to ensure you write up an offer that is not too high or too low and will still attract the seller. Without the help of a real estate agent, you will risk overpaying for your new home or end up in a bidding war against other interested buyers if you offer too low.
Superior Negotiation Skills
An experienced agent will put your interests first and will negotiate with the seller on your behalf. They have extensive knowledge about negotiating tactics and will understand leverage and where and where not to use it. They will be ready for any surprises that may come their way and will understand the process and all of its potential challenges.
Emotional Filter
Buying a new home can be an emotional process and get the best of the buyer. Since your real estate agent is not emotionally attached to a specific property you have an interest in, they will be able to keep you from making an emotional, rash decision on purchasing a property. A real estate agent will be able to list the pros and cons of a situation without the emotional attachment allowing the buyer to see the big picture and not be clouded by their emotions.
We Know Calgary Real Estate And Can Find You Your Dream Home For The Right Price
The decision to buy a home is incredibly impactful and can be a stressful one. A real estate agent will always have your back and will put your best interests first. Don’t waste your time searching the internet for your dream home or make the mistake of putting in a poor offer and risk losing the opportunity to buy it. A Realtor® will make the buying process move along much faster and smoother while giving you the confidence that you have a skilled negotiator in your corner.
Don’t go in blind to such an important decision as buying a home, a decision you will have to live with for years to come. Let us help you make a well-informed investment in both your home and your future. The Mel Star team has over 40 years of experience in the Calgary real estate market and can help you find your dream home for an amazing price. To find out more, contact our team by calling (403)-861-9944 or fill out our online contact form.
FAQs
Do I have to pay any fees when I hire a buyer's agent?
No, you do not. The seller's agent will split the commission with your agent once the home is sold.
Do I have to hire a real estate agent to buy a home?
It is not required that you hire a real estate agent to represent you when you are buying a new home. However, it is recommended as they offer many benefits as listed above to ensure the buying process is completed quickly and smoothly.
How do I know how much a home is worth?
While it’s impossible to know how much a home is worth exactly, a top Realtor® can use comparable properties, market analysis, and look at similar homes that have recently sold in the area to ensure you are paying a fair price.
CONTACT US
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