The home buying process can be a lot harder and more time consuming than most people realize. Having someone to represent you every step of the way can really help. Just some of the things a buyers agent will do for you include:
Help you find financing.
Agents can refer you to mortgage loan sources and can even assist you in comparing different financing options for the type of property you're looking for.
Help you find the right property.
Buyers agents can identify what you need and want, then find properties to match your criteria. You may be able to do this one yourself through a simple internet search but, agents can easily access all listed properties (even those you may not be able to find). Buyers agents also have the ability to network with other agents for properties not yet listed as well as gain first access to newly listed properties.
Educate you on the current market.
Agents should always know whether its a buyers or sellers market. They can show you statistics and trends, as well as, current market averages specific to areas your looking to buy property in so you will always know that you are paying the right price.
Represent you when it comes time to make an offer.
Agents can prepare a market analysis for you, so that you are able to make an informed home buying decision, and you will know what comparable properties are selling for. You will also receive help with all the negotiating necessary to achieve your goals. Buyers agents will even develop strategies to make your offer the most attractive in the very likely scenario of the seller receiving multiple offers. Other important things agents can help you with are the understanding of all of the disclosures, handling the completion of your contract, ensuring all forms are completed, and assisting you in getting the best deal with the least hassle.
Get you to closing.
Buyers agents will advise you throughout the closing process. They can refer you to inspectors, attorneys, and other professionals that may be necessary. Agents will also discuss home inspection concerns with you, monitor deadlines, and go on a walk-through with you to make sure everything is as it should be at closing. Having an agent on your side also means having someone to coordinate communications between all parties involved; such as, listing agents, lenders, attorneys, title companies, appraisers, etc. Buyers agents will help you overcome any setbacks.
Buying or selling a home is a full-time job, and that's what we are here for. Think about your schedule. Do you really have all that time to spend searching for properties that may potentially meet your criteria, only to find out that it's not at all what you are looking for, or it's already sold before you can even make an offer? There tends to be a lot that goes into the home buying process, from all the people you have to keep in constant communication with, to the endless negotiating. If you don't stay on top of everything, you may lose your dream home. Real estate agents are here to help you. They can be very resourceful and will handle all of this so you don't have to.