• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • About Us
    • Meet Our Talented Team
    • Anti-hate Speech Policy
  • Terms Of Service
  • Free Printables
  • Advertising
  • Contact Us

DIY Home & Garden

A DIY & Gardening Resource

  • Home Page
  • DIY Projects
    • Upcycling
  • Home
    • Cleaning and Organizing
    • Holidays
      • Christmas
      • Valentine’s Day
      • Easter
      • Fourth of July
      • Halloween
      • Thanksgiving
      • Memorial Day
      • Mother’s Day
    • Home Safety
    • Home Decor
    • Pets
    • Real Estate
  • Gardening
  • Herbal and Natural Wellness
  • Recipes
    • Baking
    • Breakfast
    • Salads
    • Venison Recipes
    • Home Canning and Preserving
      • Canning
      • Dehydrating
      • Freezer Recipes
  • Travel
Home » Do I Need A Realtor To Buy A House? 5 Things to Consider
Do I Need A Realtor To Buy A House? 5 Things to Consider

Do I Need A Realtor To Buy A House? 5 Things to Consider

07/22/2020 By Deborah T

Love us? Share us!

Do I need a realtor to buy a house?

Making use of a realtor when buying a house is very important to help you navigate through one of the major financial decisions you will ever make in your life. The realtor will take into account your needs, lifestyle and budget in matching you with an appropriate home. Thereafter, the realtor will help with a number of processes.

Some steps include:

  • Navigating negotiations after making an offer
  • Home inspection
  • Closing on the new home.

Therefore, irrespective of whether you are a first-time home buyer or a seasoned player in the property market, it certainly helps to work with a real estate agent. Remember, this pro brings on their expertise and experience to the table for you. The real estate agent will work diligently to ensure that they stick to the provided timelines.

Can you go it all alone when buying a new home? Yes, some homebuyers may choose to go it alone to avoid realtor fees. Even though the realtor fees which are 5-6% of the home’s purchase price are paid by the seller, they are built into the final price of the home and the seller must be willing to pay the buyer’s agent commission.

With numerous online resources available such as home listings, homebuyers may have a false sense of confidence in handling it all alone.

5 Things to Consider When Deciding on Whether to Hire a Realtor

Do you need a realtor to buy a house? The following are factors to consider on whether you need a realtor to buy a house.

1 – An Agent Will Search and Match a House to Your Budget and Needs

A real estate agent will scour the property market for a house that matches your budget and needs and make recommendations. The realtor will research and establish facts about the neighborhood. A good real estate agent will have good knowledge about the neighborhood and even the demographics of the area. You may also read this article to check on your own some great new neighborhoods ideal for buying a home.

Should I use a realtor to buy a house? A realtor will use their training to unearth information some of which the seller may not disclose. You may not be aware of what sellers are mandated to disclose and the realtor will request and review seller disclosures before initiating the buying process. Some homebuyers end up with homes that have serious problems and no way to turn back.

2 – A Pro Can Help In Negotiations and Understanding Contract Terms

Realtors are professionals who will work on your behalf during negotiations when buying a home. Keep in mind that sellers will have a real estate agent working for them and hence the need to have a professional on your side. Homebuyers have ended up paying thousands of dollars more for a house by choosing not to work with a realtor. One of the roles of a realtor is to run a comparable sales analysis for similar sized homes, condition, and age of the home. They will compare the price of an identified home against comparable home sales in the neighborhood in the recent past to make sure you receive the best price quote in line with recent market trends. That acts as a safeguard against overpaying for a house.

Additionally, the realtor will provide references for reputable lenders to provide affordable financing options and other service providers to help in completing the purchase of a home.

3 – Your Agent Can Navigate Legal Processes and Loopholes

Having a real estate agent on your side during the home buying process will serve you well in meeting all legal requirements. Think about all the technical terms in the contracts and other documentation and the steps involved in completing the transaction. It is advisable to work with a realtor especially if you have never been through the home buying process.

4 – A Pro Offers Years of Experience in Streamlining the Complex Steps of Homebuying

The real estate agent will bring on board their knowledge, experience and years of continuing education to help you in making decisions, handling paperwork, and making sense of clauses and contingencies throughout the buying process. It may be a risky proposition going it all alone if you have no prior experience in buying property which is characterized by many legal loopholes.

5 – An Agent Will Help Ensure You Receive Fair Treatment

To avoid the unfortunate scenario of ending up with a home that has serious problems, get a realtor to undertake home inspection for committing to purchase.. Without a realtor, you run the risk of sinking substantial amounts of money into repairs of a purchased home since inspection was skipped or you didn’t have an inspection contingency in place to compel the seller to foot the cost of repairs.

Always rely on professionals to conduct an inspection to ensure the home you are purchasing is in top condition. There are homebuyers who go it alone and end up with a problem-riddled home with no recourse to get their money back or get the seller to repair the house. It doesn’t end up well.

selling your homeWhen You Might Not Require an Agent

There are exceptional circumstances when you can buy a home without the input of a real estate agent. The homebuyer may have the knowledge and experience required in the home buying process which gives them the confidence to complete the deal on their own. Other circumstances where a buyer can go the process all alone include the following:

  • Buying a home from a family member or a trusted friend.
  • Have specific details of the home you want to buy and its value.
  • You are not willing to pay the commission of the realtor. Conversely, the seller isn’t willing to pay buyer’s realtor commission.
  • You have hired a real estate attorney to offer advice and guide you through all paperwork.

The Bottom Line: A Realtor Streamlines Your Transaction

Ensure that you are cognizant of all processes and paperwork involved when purchasing a home. In the event, you do not have time research all the details that go into the entire process, work closely with a realtor. It will help save both time and money. Additionally, it eliminates or minimizes the risks that may crop up further down the line with painful financial consequences. At the very minimum, get a real estate attorney to review the contract if you decide against working with a realtor.

  • Author
  • Recent Posts
Deborah T
Deborah T
Editor and author at DIY Home & Garden, a Word Innovations publication
Deborah Tayloe is a full-time blogger, children's book author, and freelance writer, contributing to large publications.

She has a B.S.Ed. in Secondary Education/English and a Spanish Minor. In addition, she holds a Certificate in Natural Health from a fully-accredited program and is a Certified Herbologist. She pursued these natural wellness certifications due to her love for herb gardening.

Despite freelancing to make a living, her love is "all things home."

Deborah grew up in a family that grew a large vegetable garden and a fruit orchard, helping her parents pull weeds and can home-grown foods as part of her childhood. In fact, she had no idea that she could purchase veggies and fruits in pre-packed steel cans until she went to college and made a food run.

Today, she lives in Bertie County, North Carolina, an agricultural rural area with more chickens than people. She lives with her husband and two rescue pets a sweet toy fox terrier and a cat who showed up one day and moved into the house. Together, they enjoy DIY projects, furniture refinishing, gardening, and canning.
Deborah T
Latest posts by Deborah T (see all)
  • The Explosive Truth of PYREX vs. pyrex - 08/15/2023
  • Viola, Violet, and Pansy: Close Relatives But Distinct Flowers - 08/11/2023
  • Purple D’Oro Daylily: A Regal Touch of Elegance - 08/10/2023
Tweet

Filed Under: Real Estate Tagged With: do I need a realtor?, Real Estate, realtor, what does a real estate agent do?, what does a realtor do?

About Deborah T

Deborah Tayloe is a full-time blogger, children's book author, and freelance writer, contributing to large publications.

She has a B.S.Ed. in Secondary Education/English and a Spanish Minor. In addition, she holds a Certificate in Natural Health from a fully-accredited program and is a Certified Herbologist. She pursued these natural wellness certifications due to her love for herb gardening.

Despite freelancing to make a living, her love is "all things home."

Deborah grew up in a family that grew a large vegetable garden and a fruit orchard, helping her parents pull weeds and can home-grown foods as part of her childhood. In fact, she had no idea that she could purchase veggies and fruits in pre-packed steel cans until she went to college and made a food run.

Today, she lives in Bertie County, North Carolina, an agricultural rural area with more chickens than people. She lives with her husband and two rescue pets a sweet toy fox terrier and a cat who showed up one day and moved into the house. Together, they enjoy DIY projects, furniture refinishing, gardening, and canning.

Primary Sidebar

Click for details on our latest travel deal

book vip cancun travel

Here’s Why You Should Plant Sunflowers in the Garden:

https://youtu.be/ZwvPDTbs9U0

You Won’t Even Notice You Tossed These Cluttery Things:

https://youtu.be/z16ZRMC4wbE

Don’t Suffer, Try This Bath to Soothe Itchy Skin:

https://youtu.be/SUxl9UL7QDw

Footer

Amazon Affiliate Disclaimer

DIY Home & Garden is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. As an Amazon Associate I earn from qualifying purchases.

DIY Home & Garden does not constitute or intend to provide medical, health, financial, legal, or other professional advice. This website is for entertainment purposes only.

Quick Links

  • Home
  • About Us
  • Terms Of Service
  • Contact Us

Copyright © 2023 · DIY Home & Garden

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

DIY Home & Garden
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.