Consulting with a Real Estate Agent: Why it’s Important for First-Time Homebuyers in Syracuse
When you’re buying your first home in Syracuse, NY, you might be weighing the pros and cons of hiring a real estate agent.
Agents who assist in the purchase of real estate are sometimes called buyers’ agents or sellers’ agents. When a buyer is in the market for a property such as a new home, they often turn to a real estate agent. Real estate agents often know the ins and outs of the industry, which allows them to match buyers with properties best suited to their needs and wants.
Why Consult with a Real Estate Agent
Sometimes people avoid real estate agents for various reasons, like high fees or previous bad experiences. However, this only emphasizes the need to hire a good real estate company in Syracuse, NY. There are several reasons why you need a real estate agent, especially if you’re a first-time home buyer.
#1: They know what to look for
A real estate agent will shortlist properties based on your wish list. Realtors know every home on the market, and their job is to find the one that fits your needs and budget. During the buying process, your agent will guide you to ensure it is smooth and stress-free.
#2: Their market knowledge is extensive
Real estate agents possess information such as median and average sales prices and average price per square foot of comparable properties. Local agents also know what neighborhoods are near great schools and what type of people typically live in the area. They can give you this information so you can quickly make an informed decision.
#3: They have professional networks available
Additionally, you will need to hire professionals such as inspectors, appraisers, real estate lawyers, and mortgage brokers. In place of reaching out to these individuals on your own, you can make use of your realtor’s network.
#4: They can identify potential problems
Real estate agents have trained eyes that can spot potential problems such as furnace, roof and leak problems, as well as mold and insect problems that you may not notice. A real estate agent will also have a home inspector perform a detailed inspection of the house.
#5: They have excellent negotiation skills
Since real estate agents have years of experience in negotiations, they are skilled negotiators. They know what typically works and what does not. Additionally, it is the agent’s responsibility to get you the best price.
Hiring a Reliable Real Estate Agent
It helps to work with a real estate agent who matches your needs. Find the right real estate agent for you by following these tips.
#1: Ask family and friends
You can read about an agent online, but speaking to someone you trust will give you a better idea of whether it will be a good experience.
#2: Visit your bank or credit union
It is possible to find qualified realtors through programs provided by many banks and credit unions. In order to provide you with the most practical advice, the realtor and the banking institution communicate so the realtor can fully understand your financial situation.
#3: Choose certified real estate agents
Find out if the agent belongs to the National Association of REALTORS® (NAR). As a result, they have to abide by a strict code of ethics, and they may even have additional certifications. It may give you peace of mind to work with a certified agent who you can trust and who is highly qualified.
#4: Talk to potential agents
Establish interviews with three or four real estate agents after narrowing down your list. Make a list of questions to ask each candidate so you can easily compare them. The experience of interviewing agents will give you more information, but it will also give you an idea of who is the best fit for you.
Consult with Us Today
A home purchase or sale can be an emotional experience, but you don’t have to do it alone. Whether you’re a first-time homebuyer or seller, we at Procopio Team at Hunt Real Estates are qualified to assist.
The reason clients continue to work with us, year after year, is because we are family owned and operated with experience and knowledge of not only the real estate market, but also the CNY region. Our agents will guide you through the complicated process of buying or selling a home.
Every step of the way, let us use our years of experience to your advantage. Contact us today at 315-350-0571 and get a free one-hour consultation.