There is tremendous value in utilizing a competent agent/team when searching and attempting to purchase a property. It is no easy task in this environment. Buyers do not pay commissions so they are essentially getting our services for FREE, as the seller is paying ALL commissions.
Many buyers INCORRECTLY believe that by CIRCUMVENTING and avoiding the use of a REALTOR, that they might somehow save money on the purchase because the agent commission is no longer paid. That is not true. In fact, listing agreements allow for the listing agent to collect the FULL FEE, regardless of how many agents are involved in the transaction. The listing agent will ultimately make more money and WILL NOT pass any saving along to the BUYER. Additionally, the listing agent will first and foremost look to protect the seller's interests above all.
Here are a few more reasons to use KAPITAL BROTHERS to represent your BUYING INTEREST.
For Most Homebuyers—Buying a Home Without a Realtor Is a Bad Idea
Unless you’re ready to handle the many demands of a real estate buyer’s agent, you might have trouble purchasing a home without one. Here are four reasons to reconsider whether going it alone is worth it.
1. The Homebuying Process Can Be Time-consuming
You might think it is easy enough to find a home online without the help of an agent. But an agent will lead the search, quickly finding available homes that pop up during the day and helping you discern which ones are best to tour. The search can become all-consuming if you’re in a hot market and need to act within days, if not hours. Add in scheduling all the home visits, conducting price negotiations and navigating all the paperwork, and it could seem like you’re working another full-time job.
2. You’ll Have Limited Access to Listings
Agents have many tools at their disposal when looking for homes, including access to the Multiple Listing Service (MLS), which provides a comprehensive view of all homes available in an area. Although you can find many of those homes using an online search through, for example, Zillow or Realtor.com, there are still “off-market” listings that only real estate agents can see.
3. It May Be Difficult to Understand the Market
You might be looking for a home in a town you grew up in or have lived for many years, where your knowledge can be a valuable asset. But real estate agents who specialize in a particular area might have even more expertise than you, especially if you start looking at homes in communities and neighborhoods with which you are less familiar. From school districts to nearby amenities, real estate agents are often local experts and are well-positioned to help you figure out if a home or neighborhood matches your wants and needs.
4. The Homebuying Process May Be Confusing
Buying a home is not as straightforward as, say, purchasing a vehicle. Buyers and sellers must follow state and local regulations, and buyers need to make sure they’re not missing key details that could cost money. A purchase contract, for example, should include precisely worded contingencies that address whether you can withdraw from a purchase if certain problems turn up during a home inspection and whether you can move the closing date back if you have problems selling your current home.
The other key components to getting your dream house NOW!
While buying a home without a buyer’s agent is certainly possible, in today’s fast-paced market where bidding wars are the norm and the most organized Buyer wins, it is best to rely on an expert, especially when you contemplate making what could be the most expensive purchase of your life. Kapital Brothers has helped hundreds of families find, negotiate and successfully purchase their dream homes.
Make informed decisions. We have always been a trusted resource in REAL ESTATE.
Hope to hear from you soon!