Long Story Short- Yes, Get a Realtor

House, Real Estate, Agent, Realtor

If you’re looking to buy a home in the near future, odds are you have begun looking to realtors so help you out with the process. After all, buying a home is a very large financial undertaking, and you probably want to make sure that you have all the help on your side that you can get! Regardless, after some time searching for the right realtor, you may have given up home and wondered “Is a realtor really necessary when buying a home?” The short answer is yes, and this post will aim to explain why having a realtor really is in your best interest when looking to buy a home.

Like we have talked about in so many of our posts, buying a home is one of the most expensive, if not THE most expensive, purchases you will ever make. Houses are expensive, to put it bluntly, and not too many people casually have hundreds of thousands of dollars sitting around to buy a house in cash. As a result, many people find themselves looking for ways to save money during the homebuying process. Typically, a realtor’s commission is between 2 and 3 percent of the sale price of the home, which means that cutting the realtor out of the deal should be one of the easiest ways to save money when buying a house, right?

Not so fast.

The vast majority of the time, sellers pay the fees for both realtors, meaning that as a buyer you already won’t be paying the realtor a penny in 99% of cases. Therefore, cutting the realtor out of the deal doesn’t save you anything at all, and in the end it probably leaves you paying thousands of dollars more for you new home. This is probably not the decision you want to make!

But really, why is a realtor necessary when buying a home? How can they even help you?

Unless you are a certified and seasoned private real estate professional yourself, they can help you in a lot of ways.

Realtor, Real Estate, Real Estate Agent

Firstly, their role is to know the local market inside and out, and make sure that whatever homes you are looking at are being priced fairly.

While prices can certainly be negotiated down, there is little use trying to work with a seller that is not willing to make concessions and sell their home at a fair market rate. Realtors work in their local market every day and know what prices are fair and what are not, and having one of your side can make sure that you don’t overpay for your new home.

House, Mortgage, Home, Sold, Real

Secondly, realtors are professionals at negotiation.

Since they know the true value of the home that is up for sale, they will not stop until they can get you a fair deal. If you choose to proceed without a realtor, you need to be aware of the fact that you are not the ace at negotiation, and you could easily be bullied right away from the table. Without a realtor, the odds are that you will pay significantly more than you would with one. Since you are not going to pay the realtor fees, why not use one?

Realtor, Thinking, Writing, Real Estate

Thirdly, realtors are able to connect you to homes that you might not be able to find on your own.

When you have open conversations with your realtor about your budget, your desires, and your priorities, they should be able to match you with the best possible homes on the market. There are so many components that go into buying a home, and a good realtor is fantastic at juggling all of those things to make sure you wind up with a list of homes that truly fit your hopes. On your own, you may not be able to find most of these homes. On top of that, nothing beats the time that you save by working with a realtor! If you try to go without one, odds are you will spend hours on hours digging through resources to try and find the perfect home for you, while realtors who already have a grasp of what is available can do that research for you and in much less time.

At the end of the day, it is your choice whether or not you want to work with a realtor. There is no law saying that you need to use one when you are buying a home, after all! But considering that you, as a buyer, will probably not need to pay their fees, there really isn’t any reason to not use one! On top of that, the countless hours that you save by using a realtor coupled with the potential thousands of dollars you will save on the final price of the home really add up and using a realtor can put a lot of time back into your life and a lot of money back into your pockets. Unless you are a true real estate professional yourself, you honestly will always be better off using a realtor both as a buyer and a seller. Ask anyone that has bought a house without the help of a realtor – they will probably agree wholeheartedly!

 Realtor, Real Estate, Real Estate Agent

If you visit Myrtle Beach or any other place in South Carolina and fall in love, reach out to us for help. We at The Boyd Team are always here to help you figure out whether Myrtle Beach is your next home or not, and we are committed to helping you find the right property for your needs and dreams. Any question that you have about moving to the area and finding your dream home by the beach is our pleasure to answer. Feel free to send us an email at eddie@boydteam.com or text or call us at (843) 222-8566, and we will get back to you as soon as we can. Being true natives of the Grand Strand and Horry County and with over 25 years of experience in the local real estate market, whether buying or selling, we can help you make your dreams a reality.  

No One Knows The Grand Strand Better! Trust, Knowledge, Experience, Professionalism, You Can Count On!

Written by Greg