
Buying Real Estate Without an Agent

Getting a real estate property to your name is one of the major milestones to be achieved once you’re financially stable. It is of utmost importance to get rid of your rented property and live in a self-owned property no matter how small the area of your living space. It frees you of the great responsibility of scampering for rent every month. Paying off your rent expenditure also leaves you with less money to spend on your daily necessities.
Then comes the added hassle of shifting from one place to another with all your belongings once your landlord decides to vacate the place or get a new tenant. Thus, once you have earned a sufficient pool of income and saved it with a decided goal of getting real estate, you may eagerly embark on a hunt to get your first property. You might also be excited to skip the middleman: the real estate agent.

Unsplash | You never know when you’d have to vacate rented property
The Real Estate Agent
Many people view the real estate person as an added cost for acquiring a property. This is because these agents charge a hefty commission both from the seller and the buyer; thus, you may believe that forgoing an agent is the smartest move you may make. Given below are a few advantages of going through a real estate agent when buying property.
– You may save on precious time because dealers have a lot of property listings
– You cannot be cheated into an overpriced bargain because the agent can help you acquire a fair price for the property you love

Unsplash | Agents can be the key to your dream home
– They can share their experience with you regarding the properties that you are expected to appreciate in the near future and help you earn a net profit on investment
– They can also help you sort through all the paperwork and legalities
Thus, there are a lot of perks for going through a real estate agent, especially if you are acquiring your first property and are not familiar with the technicalities involved in acquiring land/house. However, not all agents can help you in your journey. Some brokers may be entirely guided by the commission and try to hook you up on the first property you show partiality so as to cash their commission.
Likewise, some brokers may be too busy to give you their proper time, and you will be expected to form your schedule according to their free hours. This seems like a completely inappropriate arrangement since you are their customers and deserve priority.

Unsplash | Time is of the essence
However, these cons do not mean that you entirely circumvent a real estate agent’s need, but it simply means that you must change your broker.
More in Loans & Credit
-
`
Mick Jagger Gifts a $2 Million Mansion to Girlfriend, Melanie Hamrick and Son, Devereaux
Rolling Stones lead singer, Mick Jagger, still got it. One move and the entire entertainment industry busts a move to see...
January 11, 2021 -
`
Legal Help: Considering Exiting an Abusive Relationship? Here’s What You Need To Know
Family is everything. Our family members are the only ones who accept us despite our faults. But some actions are beyond...
January 8, 2021 -
`
Financial Advice Experts Say You Should Ignore In 2021
The web is where people can easily share their viewpoints with others from all around the globe. It’s a great way...
January 7, 2021 -
`
Say Hello to Gen Z TikTok Investing Pros
With around 700 million dynamic monthly users, TikTok has swiftly become the most famous social media platform on the planet, particularly...
January 7, 2021 -
`
Airbnb Valuation Soars Exponentially Come Year End
A business based on the concept of sharing, Airbnb has been around for over a decade now, providing suitable and comfortable...
January 4, 2021 -
`
Are You Looking for Your Dream Home? Unlisted Houses Might Be Your Best Option!
The year 2020 has changed everyone’s lives, as well as their outlook on it. A lot of people have decided on...
December 31, 2020 -
`
The New Netflix Series Is All About Embracing the Regency Style and We Are Loving It!
The Netflix and Shondaland show Bridgerton, inspired by the famous Julia Quinn and her best-selling novels, is going to air on...
December 31, 2020 -
`
JLo and ARod Just Bought a Miami Mansion that’s Located on a Private Island
It looks like power couple Jennifer Lopez and Alex Rodriguez aren’t letting the pandemic stop them from making serious real estate...
December 30, 2020 -
`
Blake Griffin Gets His Hands On Yet Another Brentwood Mansion
31-year-old American professional basketball player Blake Griffin was born to be an athlete, playing basketball, football, and baseball growing up. But...
December 30, 2020
You must be logged in to post a comment Login