6 Reasons You Should Never Buy or Sell a Home Without an Agent
It’s a slow Sunday morning. You’ve just brewed your coffee and popped open your laptop to check out the latest home listings before you hit the road for a day of open houses.
You’re DIYing this real estate thing, and you think you’re doing pretty well—after all, any info you might need is at your fingertips online, right?
That and your own sterling judgment.
Oh, dear home buyer (or seller!)—we know youcan do it on your own. But you really, really shouldn’t. This is
likely the biggest financial decision of your entire life, and you need an agent if you want to do it right.
1. They have loads of expertise
Real estate has its own language, full of acronyms and property jargon, and your agent is trained to speak that language fluently. Plus, buying or selling a home usually requires dozens of forms, reports, disclosures, and other technical documents. Agents have the expertise to help you prepare a killer deal—while avoiding delays or costly mistakes that can seriously mess you up.
2. They have turbocharged searching power
The Internet is awesome. You can find almost anything—anything! You can find up-to-date home listings on your own, any time you want. But guess what? Agents have access toeven more listings. Sometimes properties are available but not actively advertised. An agent can help you find those hidden gems.Plus, a good local Agent is going to know the search area way better than you ever could. Have your eye on a particular neighbourhood, but it’s just out of your price range? Your Agent is equipped to know the ins and outs ofevery neighbourhood, so they can direct you toward a home in your price range that you may have overlooked.
3. They have bullish negotiating traits
Any time you buy or sell a home, you’re going to encounter negotiations—and as today's housing market heats up, those negotiations are more likely than ever to get a little heated.
You can expect lots of competition, cutthroat tactics, all-cash offers, and bidding wars. Don’t you want a savvy and professional negotiator on your side to seal the best deal for you? It’s not just about how much money you end up spending or netting. An Agent will help draw up an Offer to Purchase that's crucial to your particular needs.
4. They’re connected toeveryone
Agents might not know everything, but they make it their mission to know just about everyone who can possibly help in the process of buying or selling a home. Mortgage brokers, real estate attorneys, valuators the list goes on—and they’re all in your Agents network. Use them.
5. They adhere to a strict code of ethics
All real estate agent must belong to the regulating body for Estate Agents, the Estate Agents Affairs Board. What difference does it make? Agents are held to a higher ethical standard and must adhere to a Code of Ethics as per the EAAB and can have their certificate rescinded if they are found to be in breach.
6. They’re your sage parent/data analyst/therapist—all rolled into one
The thing about Agents: They wear a lot of different hats. Sure, they’re salespeople, but they actually do a whole lot to earn their commission. They’re constantly driving around, checking out listings for you. They spend their own money on marketing your home (if you’re selling). They’re researching comparisons to make sure you’re getting the best deal.
And, of course, they’re working for you at nearly all hours of the day and night—whether you need more info on a home or just someone to talk to in order to feel at ease with the offer you just put in. This is the biggest financial (and possibly emotional) decision of your life, and guiding you through it isn’t a responsibility Agents take lightly.