Should You Buy A New Home Without A Realtor: Here Are 7 Reasons Why It’s A Bad Idea

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If you are planning on buying a home, it’s important to purchase one with a realtor. Going forth with the task without one can be a huge problem. In fact, we’ve put together seven reasons why it might be a bad idea right from the start.

It’s always a good idea to consider working with a realtor that will walk you through the process. From start to finish, you’ll get the home you want at your ideal price. Or you may be a real estate investor looking to rent it out.

Either way, realtors in Austin like Teifke Real Estate are here to help. And they would rather have you work with them when it comes to buying a house. Let’s take a look now at the following list of reasons below.

1. They are the experts

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Needless to say, realtors are experts in the buying process. They understand what the buyer is looking for and what they need to fulfill. Plus, they’ll be able to find the home that fits you best.

It’s a lot better than trying to hunt one down by yourself. You may have no understanding of the real estate market and how everything works. So it will be a good idea to work with someone who does.

Not only that, they will need to handle all the documents that have to do with the buying process. This will take a lot of time if you need to have everything prepared for yourself. Not to mention, it might cost you a lot of money.

In short, you might want to stick with the experts. With that said, let’s continue with more reasons you’ll want to put your trust in a realtor.

2. They will cut your search time in half

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As we’ve mentioned in the previous point, they’ll search for a home that fits your personal needs and requirements. They’ll be able to whittle your options down to the homes that are the perfect match. Now, they’ll have a list of potential home options.

From there, it comes down to you. Which home will suit you best and why? Is it because the commute time is just right or is it close to some of the best amenities you can get your hands on?

In the final analysis, you decide which home is best for you. It’s the realtor that will provide you with the best options.

3. They will negotiate on your behalf

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When it comes to negotiation skills, you might be dead in the water from the beginning. A realtor will be able to negotiate a good deal for you so you don’t have to. They’ve done it before and they do it every day.

They will talk to the sellers on your behalf and provide them with an offer. The work begins and eventually a deal may be done. You may back out of it and the realtor may deliver the not so good news to the seller.

It’s always a good idea to have someone go to bat for you. Especially when it comes to buying the home for your dreams. You’ll miss out on it if you decide to go at it alone.

4. They have a network of people

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By a network of people they know loan officers, real estate attorneys, contractors, and so many other people. All tied to anything real estate or home improvement related. They will connect you with the right person if you need to fulfill a certain need.

If you need someone who will inspect the home for any damage, they’ll give you the contact information of a home inspector. Ask and you may receive. It’s always a good idea to consider your realtor as the go-to person if you don’t know anyone who can help with a certain issue.

5. They have the data at their fingertips

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A realtor will have the data of home values, school ratings, and who knows what else in close reach. It would make a ton of sense to ask them about the average home value of a certain neighborhood. Or something you might have a hard time finding on Google.

While they are not Google themselves, a realtor knows as much as possible about the local area, the real estate market, and everything in between. If you have a question about the home you’re moving to, they might be able to pull it up.

6. They operate on a code of ethics

A realtor will follow a code of ethics and will be strict about it. Which means you’ll be working with someone that will get a deal done without doing anything shady or unethical. They know the laws and regulations.

They want to keep their clients’ best interests in their hearts and minds. They will play the roles. If something doesn’t seem right, they’ll back out of the deal on your behalf.

The last thing they want to do is get you caught up in a deal gone wrong. Integrity is something that a realtor is serious about. And the reviews from past clients might just show it.

7. They will work for you until the deal is done

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Realtors will tirelessly work for you until you finally close the deal on the home you want. They won’t give up on you unless you don’t need them anymore. You won’t have to do a lot of heavy lifting.

Without a realtor, you will. It can be stressful to the point where it can keep you up at night. Don’t let every waking moment of your life be like that. A realtor will start working with you the moment you are interested in buying a house.

They won’t stop until you find the dream home you want (or fire them for whatever reason). Don’t give up and be patient. Trust the process and let the realtor you find to help find the home of your dreams for you.