Why bother with a real estate agent?

Between Zillow and Realtor.com- who needs ’em, right? Wrong! There are a TON of reasons that a licensed agent will turn your search from painful to pleasant, but if you’re anything like me then you have a 30 second attention span- so I’ll just give you the best of.

1)Buying a house involves a lot of laws! Know what happens when you go to court without a lawyer? You Lose! The closing lawyer is there to represent the bank’s interest, not yours- don’t you want someone familiar with real estate law to watch out for you? Don’t get stuck with cows roaming over your land because the property you just bought came with an easement (and no, you can’t legally do anything to stop them if you really did buy a servient estate, so I hope you like cow patties). Don’t agree to pay all the points on your buyer’s loan if you are selling (you just lost roughly your real estate agent’s fee right there). Agents spend a small fortune to get licensed so that YOU don’t have to worry about that kind of thing (ok, so like a large piggy bank, not a small fortune, but still!)

2)An MLS search form is not the same as the real thing! (And if you said “what?” when I said MLS then stop reading and call a broker). A licensed agent is required to pay a monthly fee for a much more detailed search engine than you are privy to. Sure maybe you can find a 4 bedroom for $150,000 on your own, but what if you could have found one with a fireplace for $200 bucks more? Or if you’re not a pyro (then you should be- just kidding) then your agent can pick out 4 beds with hardwood floors, or fenced backyards. Free searches are free for a reason.

3) Buying a house should make you happy! Not stressed. But the truth of the matter is it’s a very involved process, and having someone to help co-ordinate that process, hold your hand during the closing meeting (figuratively of course, a 3% commission only buys so much!) and talk you down from the roof of your crappy corporation’s office when the bank tells you you only qualify for a $100,000 house on your laughable paycheck, can be (in this case quite seriously) a life saver.

It’s true that not every real estate professional is, well, professional (that’s true in every job from retail to construction to modeling)- so definitely get to know them before signing a buyer’s agency/listing agreement. Ask questions and get a good idea of how they conduct business.  If you do that, and you can keep in mind that they are people too and can neither work 24 hours a day nor conjure miracles, then you will find that your real estate experience can be a very enjoyable one.

Advertisements

About realestatequeen

I am a licensed real estate agent in Savannah, Georgia. I love pairing people with the perfect home- every real estate experience should be a great one!

Posted on July 1, 2011, in General Knowledge and tagged , , . Bookmark the permalink. 2 Comments.

  1. Okay…let’s just say you sell your own home without a Realtor…and I totally get it…it’s all about commissions. So you get a buyer….you agree on all terms. You are scheduled to close July 31st so you have the movers move your belongings out on July 29th and then you clean the home on July 30th..just in time for the closing. You then arrive at the closing attorneys office and the Purchaser doesn’t show up. The closing attorney informs you that the Purchasers loan was denied at the last minute. So….what do you do? I am seeing this happen more and more. This is just one example of so many things that can go wrong if you don’t have the protection of a great, experience, on-top-of-it Realtor. THIS COULD HAVE BEEN AVOIDED if the terms of your contract had been negotiated differently. While you may save a few thousand NOT using a Realtor, you can also LOSE a few thousand AND have tremendous stress and anxiety by NOT using a Realtor.

Sound off- Go ahead, do it!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: