Come on… You’re smarter than that!!
What about a ‘for sale by owner’? Do you really think you are going to save money buying directly from the owner? Most FSBO’s overprice their home thinking they should get a Realtor’s price without providing a Realtor’s service.
Do you have sufficient market knowledge to know what the actual SOLD prices are for properties of similar size and condition to the property being sold?
And finally, the most important question to ask yourself is,
Do you, have sufficient knowledge of contracts, inspections, financing, and title issues to undertake the single most important purchase of your life without the help of someone specifically trained and licensed in such matters?
As an Accredited Buyer’s Representative (ABR), my job is all about representing my buyer’s interests, consulting with him about market trends and prices, and negotiating the best possible price and terms.
Will you require certain items be repaired or replaced? . . .Or is the seller willing to reduce his price?
Going beyond price, let’s talk about terms for a minute. There are contingencies a buyer’s agent will include in a contract to protect the buyer in the event there are issues with the property itself… clauses that benefit the buyer specifically. You can’t necessarily expect the listing agent to write contracts from the buyer’s advantage point, can you?
Another area in which the buyer needs to be protected is financing. If you can’t obtain a loan on your terms, will you be able to get your deposit back? Or do you have a contract that covers this contingency in detail…. And there are a myriad of other contingencies just as important.
So next time you see a home you are interested in, call me.
You deserve YOUR OWN REALTOR for the same reason the Home Seller has his own Realtor.