7 Compelling Reasons to Hire a Buyers Agent
Want to purchase a house in North East Tennessee? Use a buyer’s agent to your advantage!
When times are tight, people often search for ways to save money wherever possible. Who wouldn’t like to save an additional 3% on a house purchase, or $3,000 for every $100,000 of the property?
Those who haven’t signed up with a realtor can still look at houses and perhaps even go inside. However, most experts believe that the average commission for a buyer’s agent is worth every penny. A real estate agent such as Amanda Evans Westbrook can help you find the right house much more quickly than you could if you spent your own time looking for one.
7 compelling reasons to hire a buyer’s agent.
Working with a buyer’s agent, such as Amanda Evans Westbrook, in a home purchase transaction can provide many benefits.
Only licensed real estate professionals are aware of the ins and outs of the current property market. Top real estate agents, such as Amanda Evans Westbrook, are well-versed in all facets of the industry, including the influence of variables such as mortgage rates, unemployment, government restrictions, inflation, and economic growth. Click here to see Local Market Reports.
Amanda understands the buyer’s and seller’s markets on a block-by-block (and even home-by-home) level in many areas. Because of this, she is well-versed in the market and has access to more data on listings than what real estate property websites provide. Additionally, Amanda has a property search feature on this website where you can search properties now, as well as you can make a search account to save your favorite listings and Amanda can even add listings to your account she thinks you may like.
Some homes on the market aren’t heavily publicized, even though you can view most home listings for sale online. For instance, postings solely accessible to buyer’s agents, such as private and pocket listings, are often more reasonably priced. Therefore, if can help Amanda try to get a very favorable offer for you.
3) LESS WORK
A buyer’s agent can save you time and energy while looking for a new home. Amanda will research extra information for you if you have any questions about an area or a specific property, such as details about the neighborhood, comparable homes, and if the home is reasonably priced. As a result, you’ll take less time searching for and assessing possible properties.
4) EMOTIONLESS NEGOTIATING
Your buyer’s agent acts as a mediator, enabling them to communicate demands and updates to the sellers without prejudice or emotion. Remember that a vendor could flatly reject your offer for dubious reasons. Throughout the transaction, if things start to become difficult, Amanda will be able to assist in making things easier.
5) DEMANDING REPAIRS
A real estate agent experienced in this field will likely be able to identify any issues with a prospective home. In addition to doing their own examination, they will carefully review a home inspection report.
If required, your real estate agent could help you start discussions about renovations or repairs. The price may be adjusted to reflect the cost of potential renovations, or the parties may agree that the seller would undertake the required repairs as part of the deal.
Without the assistance of an experienced estate agent like Amanda, these problems may not be identified, or your bargaining skills might not result in the desired outcome. When discussing a home, you could one day call it home. It’s easy to let your emotions get the best of you and overlook major red flags.
The many pages of documentation involved in a real estate transaction, such as financial disclosures, mortgage forms, insurance contracts, inspection reports, title deeds, and settlement declarations, may confuse the average home buyer. This is the purpose of having an agent like Amanda so she can help you with all the paperwork, from filling it out to ensuring you understand it.
7) REPRESENT YOUR INTERESTS
A buyer’s agent owes the buyer a fiduciary duty. They owe you a duty of loyalty and must put your interests ahead of their own. They must also disclose what is essential to your home purchase transaction and maintain secrecy. Amanda will prioritize your interests.
THE BOTTOM LINE
When asked how essential the area would be in their home hunt, 84% of Americans feel it is as important as (if not more than) the property itself. The right neighborhood, town, or city provides you with a life you value, whether your preference is for upscale stores and eateries or vast parks and outdoor recreation.
So how do you choose the area and house that’s best for you? This is when Amanda comes into the picture. Please contact her for expert help if you want to buy property in the North Tennessee Region.