Purchasing a home is probably one of the most important investments of your life. This involves additional responsibilities and major decisions which can generate stress and anxiety. It is important to ensure you make the most informed, intelligent decisions possible in regards to the details of your next home. Below are just a few of the many myths that we wanted to dispel.
Buyer’s Myth: A seller will reduce the sales price to compensate for a buyer not using a Realtor.
Buyer’s Reality: A seller will generally take this opportunity to pocket more money and not want to give that up. Statistics show that sales prices are lower when a Realtor is involved, not higher.
Buyer’s Myth: A smart buyer will always know when a sales price sounds like a good value.
Buyer’s Reality: There is a calculation involved when determining the price per square feet plus the individual amenities in a home. Then the numbers of comparable sales in the area must be factored in and so on. This expertise takes a lot of experience to really understand the market and values. List price and sales price can end up being very different.
Buyer’s Myth: I can examine a house as well as a Realtor and discover potential problems that need to be addressed in the initial offer.
Buyer’s Reality: Texas Real Estate agents have experience in determining whether potential issues are cosmetic items, or whether they need to be negotiated. A Realtor introduces their Buyer to a qualified Home Inspector who has invaluable knowledge in detected true problems. A great agent then negotiates the sales price with the help of the home inspector’s report.
A licensed REALTOR in Texas can be a great asset and their services are completely free to the buyer. Why take a chance on your own when you can have a team helping you make the right decision for you and your family?
This entry was posted on Tuesday, November 6th, 2007 at 4:45 am and is filed under Home Buyer, Real Estate, Realtor, Tips for Buyers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.