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12 Reasons To Hire A Realtor Instead Of Buying A Home On Your Own

for sale sign
for sale sign

Casey Serin/Flickr

Buying a home for the first time can be overwhelming. While it may be tempting to avoid realtor fees and handle things on your own, having a professional by your side can make the process go more smoothly and provide valuable insight into what's likely one of the biggest purchases of your life.

"Don't try to buy a house with out working with a realtor. Okay, that's it," real estate expert and host of NBC's "Extra's Mansions & Millionaires!" writes in his book Before You Buy! The Homebuyer's Handbook to Today's Market.

Corbett breaks down 12 reasons it pays to hire a realtor. He writes:

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  • Access to every home that's on the market via MLS (Multiple Listing Service) and all other sources, including ones that may not be listed publicly.

  • Inside track to the deals before they event hit the market.

  • The ability to combine your Dream House Checklist with your price range.

  • Knowledge of recent comps (comparables) — what similar properties have sold recently and for how much.

  • Knowledge of neighborhoods.

  • Ability to negotiate with the sellers on your behalf.

  • The inside scoop from the sellers' agents.

  • Expertise to negotiate and close the deal.

  • Experience to manage the legalities of foreclosures or other distressed properties.

  • Muscle to get a deal through the escrow or "under contract" period.

  • A litany of referrals for inspectors, mortgage brokers, and even tradesman for renovations.

  • Objective professional advice when you have your buyer's remorse meltdown.

DON'T MISS: Some Real Estate Agents Will Go To Crazy Extremes To Sell A House



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