Buying a home comes with lots of considerations and a fair amount of work. If it’s your first time buying, then all of the business of a real estate transaction may seem daunting if not downright impossible. For this reason, new buyers (as well as seasoned veterans) love working with real estate professionals.
Unlike many things in life, buying a home isn’t exactly a DIY project, so we’ve put together our list of reasons why buyers LOVE working with professionals.
Giving it the Business
We’ve already alluded to the difficulties that come with conducting real estate transactions. While some experienced home buyers know to draft up contracts, navigate closing, and generally transact real estate by themselves, we don’t recommend it to new buyers.
Instead, consider enlisting the help of an experienced local real estate agent to navigate those things on your behalf. Not only can an agent help you find a home, but it’s their job to assist you in conducting the business of a real estate transaction. After all, this is where agents make the proverbial “big bucks”!
Pros Close to Home
Another reason buyers love working with professionals is that they have an in-depth knowledge of local markets. That knowledge will play very nicely into your homebuying plans and give you a competitive edge on other buyers vying for the same home.
Additionally, local real estate agents have an insider’s perspective into some of the less glamorous aspects of buying, such as closing, insurance, and title. These “behind the scenes” sort of activities are crucial to a real estate transaction but often aren’t something new homebuyers have on their radar. A local agent can help you find the best professionals to handle those essential services.
Power of Negotiation
A professional real estate agent is a professional for a good reason. Real estate pros know how to help their clients get the best deal on a home while doing it with integrity. Part of a professional helping you get the best deal on a home is their ability to negotiate.
At its simplest, a home is a product, and as a consumer, you have a right to bargain or negotiate for the best price. If you hire a professional agent, then, fortunately, you won’t be the one doing the deal-making. Leave the deal-making and negotiation up to your agent and watch them work their magic!
Agents Aren’t the Only Pros
As our last point alluded, there are lots of moving parts in a real estate transactions, and agents aren’t the only pros involved.
In all likelihood, your mortgage company will require an insurance policy to cover the home. For this, you’ll need to enlist the help of a professional insurance agent with experience working with lenders. From a legal standpoint, you’ll want to make sure you’ve got a title company that will thoroughly vet and examine your new home’s title.
For all of the things you could save money on, it’s best to leave the essential aspects of your home purchase to professionals.
Your real estate agent and the rest of your professional team are a significant asset to buying a new home. Still, they’re not the only players in the game. Professional lenders play a vital role in real estate transactions, and you should consider them as an asset to your homebuying venture.
If you’re on the hunt for professional lending advice and a mortgage solution that works for you, then get in touch with the experts at Tidewater Mortgage Services, Inc. Tidewater has the training and the staff to help you find a financing solution for your new home that works for you and your family.
To get started, apply online today and get pre-qualified in as little as 24 hours!