If you're considering buying a home this year, this email's for you.
Last month, I shared more information about the recent National Association of Realtors (NAR) settlement, in which the NAR agreed to pay $418M and make some big changes to how buyers and sellers negotiate and pay agent commissions.
As a Realtor, my biggest fear is that these changes (scheduled to take effect on August 17) will cause some buyers to forgo representation.
While it may seem like approaching the market on your own is a way to save some money, there are so many reasons why working with an agent is a worthwhile move.
The fact is, no one wants an unrepresented buyer.
Working with an agent gives the buyer peace of mind and an expert by their side to navigate the complexities of the transaction. Meanwhile, the seller is confident that the buyer is prepared and serious. Beyond that, having experienced, collaborative agents on both sides of the table is the surest path to a smooth transaction.
In short? Everyone wins.
Here are just a few more reasons why working with a buyer’s agent makes sense:
You’ll Have a Professional On Your Side
Remember, the listing agent works for the seller—not for you. Having a professional on your side to craft the best offer and negotiate on your behalf can make all the difference in reaching a successful outcome.
You Can Navigate the Process with Less Stress and More Confidence
Buying a home is a major emotional and financial decision. Working with an agent can help you feel confident that you’ve made the best offer, completed paperwork correctly, and understand everything you agree to.
You’ll Get the Inside Scoop on the Local Market
Yes, you can search for properties on Zillow. However, real estate agents know the local market best and are often aware that homes are about to hit the market before they hit the MLS. Thanks to their networks, they can often help get in early to see properties, offering you a competitive edge in a hot market.
You Don’t Know What You Don’t Know
Do you know how to research the history of an underground oil tank? Arrange a pre-inspection? Assess red flags when viewing a home? Probably not, but a buyer's agent does. There are so many moving parts in a home buying process, and it can be easy to miss crucial things if you aren't working with a guide.
