Why Use Your Own Real Estate Agent To Buy A Home

For some people, moving is one of the most stressful events of their lives. This can especially be the case when homeowners must sell their houses quickly. If you need to sell your home quickly, but aren’t sure how to do so, consider hiring a reputable, real estate agent near you. This professional can walk through your home and provide ideas about how you can make it more attractive to potential buyers. For example, your real estate agent might recommend you replace the carpet in your living room with hardwood floors. On this blog, I hope you will discover the numerous ways a real estate agent can assist you during the home selling process. Enjoy!

Why Use Your Own Real Estate Agent To Buy A Home

28 October 2022
 Categories: Real Estate, Blog

Have you been casually shopping on your own for a new home, and you've finally found one that you want to make an offer on? If so, you may be scrambling to figure out what to do without a real estate agent to help start the process. While it may be tempting to use the seller's real estate agent, it is always best to use your own agent for buying a home for the following reasons.

A Buyer's Agent Works For You

The main thing to keep in mind when selecting an agent is that the seller's agent will always work with the seller's interests in mind. The seller's agent wants to sell the home for the highest price possible, which is counterintuitive to your desire to buy the home for the lowest price possible. It makes negotiating a final price for the home difficult because the agent knows the financial picture of both sides. They know how high you are willing to go, as well as how low the seller is going to go. 

Working with your own agent means that someone is going to be working for you during the whole process. While a buyer's agent does want to sell you a home, they want to make sure that they're selling you the right home. They'll help with negotiations, read over contracts, and make sure negotiations are working in your favor to get the best price possible.

A Buyer's Agent Is Free 

The way that a real estate agent makes money from selling a home is from a commission, which is based on a percentage of the sales price. The seller's agent negotiates that commission with the seller and then negotiates to split the commission with the buyer's agent when a home goes under contract. This commission paid by the seller does not change, even if a single agent works for both the buyer and seller.

Your buyer's agent will end up getting a part of the commission if you work with one, and you do not have to pay for their services out of your pocket. That's why it is always worth using your own agent because they are essentially a free service. You are not going to save any money in the end, so you might as well find a real estate agent to help you out. 

Reach out to a home buyer agent for more information about how they can work for you.