5 Reasons Why A Real Estate Agent is a Home Buying Asset
March 19, 2010 - A real estate agent is one of the best assets you can have when it comes to buying a home. With the Home Buyer Tax Credit wrapping up on April 30, 2010 (where first-time buyers can receive up to $8,000; current homeowners up to $6,500), the housing market seems to be more spirited than ever. There is no doubt that now is an advantageous time to buy, but before you consider doing things on your own, take into consideration these five reasons on why you should get yourself a real estate agent.
Get Help in a Competitive Market
The home buyer tax credit has stimulated a very proactive buying market. With interest rates at historic lows and homes competitively priced, a real estate agent can provide you with insight on how to take advantage of the current market.
Let Someone Do the Search for You
Available property is not always being actively advertised in the market; therefore, your real estate agent may be able to find you more homes for sale than you could have originally found on your own.
Get Acquainted with Neighborhood Information
Agents have access to plenty of informational resources. Not only can they provide insight on the neighborhood, but they can give information on schools, employment, mass transit, etc.
Have Some Assistance with Negotiations
When buying a home, there are numerous negotiating factors including financing, purchase contract terms and repairs. Your agent can help you determine which type of home inspections are recommended for your purchase. Once you've found what assessments are needed, your agent should be able to help find you qualified professionals to give you written reports on their findings.
Allow Someone to Facilitate the Sale of Your Current Home
If you're not a first-time home buyer, your realtor can help you advertise and sell your property. They can help you objectively evaluate a buyer's proposal while helping you close on the sale of the home.