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

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You may have noticed recent news headlines about real estate agents and commission discussions. And if you're 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 more valuable now than ever. And this is why.

A real estate agent does far more than you may realize.

Your agent will guide you through every step of the home-buying process while looking out for your best interests. They simplify a complicated process and alleviate the majority of the stress associated with what will most likely be your largest purchase to date. And that is exactly what you want and deserve.

This is at least one of the reasons why, according to a recent Bright MLS survey, the vast majority of people believe an agent is an important 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, or professional, will guide you through the entire process from beginning to end. Agents have professional training and expertise, so they understand the entire buying process. In today's complex market, the way real estate transactions are carried out is constantly changing, so having the best advice on your side is critical.

2. Provide Expert Local Knowledge.

In a data-driven world, a great agent can explain what it all means, separate fact from fiction, and help you understand how current market trends apply to your specific search. From how quickly homes are selling to the most recent listings you don't want to miss, they can explain what's going on in your specific local market so you can make an informed 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. In today's housing market, it is critical to make a fair and competitive offer, and a local expert can assist you in doing so.

4. Review contracts and fine print.

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

5. Bring negotiation expertise.

A real estate transaction involves many stakeholders, from offer to counteroffer, inspection to closing. 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's a big deal, and you'll 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 us connect today.

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