Buying a New Home You Need to Work with a Realtor – Here is Why

Buying a New Home? You Need to Work with a Realtor – Here is Why

Many homebuyers in Florida wonder if it is really necessary to pay a realtor when there are so many helpful resources available online. Although it is possible to buy a home without a real estate agent, there are various reasons why hiring a realtor will help make the home buying process more efficient, enjoyable, and far less complex.

Here are 5 important reasons why you should hire a realtor when buying a home in Florida:

Reason 1: A Realtor Has Crucial Knowledge about the Area

Realtors have a solid working knowledge of real estate transactions in the area or neighborhood the home you intend to buy is located. This will help you:

• Obtain information about the school district, recreational facilities, demographics, and crime rate of the area;
• Identify comparable homes in the same area; and
• Know precisely the price of a home you intend to buy even when it is advertised online at a specific price.

Reason 2: A Realtor Can Provide Guidance

Realtors do not set the prices of homes for the buyer or the seller; however, if you hire a realtor, you will have a great ally during the negotiation phase, who will be working to the best of his or her abilities to ensure you get the best possible price. An experienced realtor will know, among many other things:

• The actual value of the property and tell you whether it is underpriced or overpriced;
• Whether the price of a home will go up or down in a specific neighborhood; and
• Where you can get the type of home you want at your desired price.

Reason 3: A Realtor Will Handle the Paperwork

Real estate purchase agreements in Florida have many legal clauses, some of which can be up to 10 pages long and, sometimes, more than that. Additionally, sellers need to make various types of state and federal disclosures. In short, there will be a lot of paperwork and it must be handled properly and efficiently. Without proper handling of the paperwork necessary to complete the transaction, there could be costly delays in the process.

A realtor will help you:

• Handle the documents needed to complete your real estate transaction, such as the real estate contract;
• Help you avoid omissions or mistakes that could cost you large sums of money or even land you in court; and
• Help you choose a reliable title company to help you handle closing procedures and issue a strong title insurance policy for your new home.

Reason 4: A Realtor Will Provide Priceless Information

When it comes to the real estate world, most buyers do not really know what they are doing; they do not have the detailed information about the market to make sure they make the best possible purchase for the best possible price – a realtor does.

A good realtor can provide details about the conditions of the real estate market in order to help you make a better decision in regards to what to buy and where. Some of these priceless details include:

• The average sales price of similar properties in the same area;
• The average cost per square foot of properties in the area;
• Whether homes in the same area are selling above or below the asking prices; and
• The average number of days properties have been listed on the market.

Reason 5: A Realtor Operates Under a Strict Code of Ethics and Professionalism  

When buying a new home, ensuring a professional environment for your transaction is key, and hard. All realtors who belongs to the National Association of Realtors must comply with a code of ethics. When working with a realtor, you can be sure that he or she will:

• Handle your purchase in an honest and transparent way;
• Disclose any known issues with the property you intend to buy;
• Operate under the association’s strict code of ethics and professionalism.

Often, these crucial details can make all the difference in the world.

To learn more about how you can enjoy an engaging, professional, and memorable closing experience for the home of your dreams, give us a call today at (305) 901-5628 or send us an email to Info@MarinaTitle.com to schedule an initial consultation.