Why Going with a Real Estate Agent is a Good Idea for a First-Time Home Buyer in NY
The dilemma of buyers and sellers in the real estate market is pretty clear: buyers want a home that best meets their needs and expectations for the lowest price; sellers, on the other hand, want the highest possible offer for their property.
On top of that, you have the legal paperwork, negotiations, and finding potential properties as efficiently as possible. The solution to this is a real estate agent or broker that understands New York and where to spot your dream property. In fact, if you’re a first-time home buyer, here are a few reasons going with a real estate agent might be your best choice.
Pricing Expertise
Do you already have an eye on a couple of real estate listings in areas like Clay or Syracuse? What not many first-time home buyers may realize is that there are plenty of overpriced houses in the market, and you could end up paying much more than a house is really worth.
Experienced real estate agents can determine whether a house is overpriced, underpriced, or within its range. It takes more than a simple online search to know the real value of a property (as some real estate websites tend to inflate the property values in a certain area). Real estate agents have the experience, and real estate knowledge to know the true value of properties in their area.
Finding the Secret Properties
Anyone can search property listings online, but having a real estate agent gives you access to the secret menu of listings. Not all homeowners publicize the fact that they’re selling for a number of reasons (divorce, financial trouble, etc.). This means the only people who know the house is for sale are their real estate agent and their networks of agents and brokers are aware that a house is available on the market.
If you have a list of features you want on your future home but can’t seem to find a house that fits the bill, consider hiring a real estate agent. They can show you homes that aren’t always publicized on the market, reducing the competition and giving you access to more potential future homes.
Dealing with Paperwork & Closing
First-time home buyers may not be aware of the mountain of paperwork that comes with buying a house. On top of the written offer, possible counter-offers, contracts, deeds, titles, insurance, and other aspects that come with buying a home, it can be a tiresome effort – and you might find the processes confusing as you don’t have any prior experience with this.
Real estate brokers have helped close dozens of houses, so they understand the process of finalizing a house sale in New York. They can help ensure that all the necessary paperwork are filed to avoid any delays or fines due to errors in filing.
Negotiation Skills
Not everyone has the charisma and skill to negotiate, especially first-time buyers who might not be aware of key points they can use as leverage to negotiate the price. This is why having a real estate agent to represent you can help you get the best price on a property by negotiating for you.
Real estate agents have a fiduciary responsibility, meaning they have to perform in your best interests. So, if you’re interested in a property but want to see if you can negotiate a better deal for yourself, hire a real estate agent and see how well they can negotiate for you.
Get in Touch with Us for Your Agent Needs
When it comes to real estate in New York, first-time home buyers will surely benefit from the skills and experience of their own real estate agent or broker working for their best interests. You’ll have someone on your side that knows the layout of the area, the properties you’re looking for, and negotiate for you to have the best price when you find the home you want.
Do away with most of the stress, hassles, and challenges that come with buying a house when you get the help of Procopio Team at Hunt Real Estate. Since 2011, we’ve helped our clients find their perfect home in Central New York, and we’re here to help you find yours.
Contact us today to find your new home as fast as the speed of now.