Why You Should Working with a Realtor when Buying a Home in Arizona
When it comes time to buy a home, working with a real estate agent will be an important part of the process. A buyer’s agent job is to match you with a home that fits your budget and lifestyle needs, and help you navigate making an offer, negotiations, the home inspection and closing on your new place. Read why you should working with a Realtor when buying a home in Arizona.
Ethical Consideration
Not every real estate agent is a Realtor, who is members the National Association of Realtors®. Those who do join the group agree to abide by a code of ethics. Realtors are held to a higher ethical standard and has fiduciary responsibility towards their client. Under the code, the Realtors® is obligated to put the clients’ interests ahead of their own interest.
Professional Network
Realtors might not know everything, but they make it their mission to know just about everyone who can possibly help in the process of buying a home. Mortgage brokers, home inspectors, home appraiser — the list goes on — and they’re all in your Realtor’s network.
Bullish Negotiator
Any time you buy home, you’re going to encounter negotiations. 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, 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. A Realtor will help draw up a purchase contract that allows enough time for inspections, contingencies, and anything else that’s crucial to your particular needs.
Finding Available Homes
Although most homes for sale are widely available for buyers to assess on websites, in some cases, sellers don’t want the fact that they’re selling to be widely publicized. In those cases, only the real estate agents know the houses are for sale.
Handling the Paperwork
Buying a home comes with paperwork, there’s no avoiding it, but working with a Realtor® can reduce and organize the documents you’ll need to generate and execute. Your Realtor® will likely draft the purchase contract for you and work with a title company to prepare the closing documents when the transaction concludes.
Smooth Sale Process
When a sale nears closing, all kind of pitfalls can kill the deal in the final hours. A real estate agent knows to watch for trouble before it’s too late. For example, the title of the house may not be clear – some long-lost relative might be listed on the title who hasn’t signed off on the sale. Or maybe the lender is causing a problem by not meeting the timeline on financing.
They’re your friend/data analyst/therapist
The thing about Realtors: They wear a lot of different hats. Sure, they’re salespeople, but they actually do a whole heck of a lot to earn their commission. They’re constantly driving around, checking out listings for you. They’re researching comps 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 Realtors take lightly.
There are a lot of moving parts that go into buying a house, so you’ll want to ensure you have all the details down. Using a Realtor can save you time and possible headaches down the road. After all, the buyer’s remorse and money lost if you make mistakes will be more painful.
Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.
If you are looking to buy or sell your home in Phoenix AZ and surrounding area, we hope you will consider us. Contact us today for complimentary consultation.
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