• Monday, September 09, 2024
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BusinessDay

In buying a house, get services of a realtor

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Acquiring a home is every man’s dream. However, the process is not as enjoyable as its benefits especially if it is your first time. Experts advise you engage the services of a realtor when acquiring any property especially if it is a residential apartment.

A realtor is a registered member of the National Association of Realtors, hence, before you engage the service of an estate agent ensures he is a licensed member of the association, as only registered members stick to code of ethics and are expected to maintain a high level of knowledge of the process of buying and selling real estate.

Though some people are skeptical about engaging a realtor because of their fees, which are minimal when compared to their role, Experts strongly advise you engage a good realtor to advise before paying for your new home.

A major benefit of having a good realtor is to represent your interest during the property negotiation process and eventually walk you through the home buying process, step by step.

Also, a realtor is more likely to know the market value of an area, refer you to an investigation or inspection officer if required as they have qualified professional contacts that can complete these vital assessments.

Realtors often know of properties that are not advertised and that you would have no way of knowing about unless you knew the owner.

In addition, realtors can provide information about the neighborhood, schools, utilities, comparative sales in the area, and other important home-buying factors.

Conversely, a realtor can help you to see the positive side of a property with which you might not be immediately impressed with instantly.

As a prospective investor, a real estate agent will also help you see the appreciation or depreciation value of a property in the near future, should you want to sell in the future.

Realtors can be “the voice of reason” when you are overcome by your emotions (which is easy to do when house-hunting). If you fall in love with a property, a realtor can be there to help you recognise the property’s flaws.

A good agent will help make the escrow process as smooth and stress-free as possible and handle the stress of dealing with all registrations process involved in a buying a home.

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