Who Should First Time Buyers Turn To?
A buyer’s agent is someone that all buyers should use when purchasing a property, especially first time buyers. Real estate professionals deal with the ins and outs of property everyday, and I will guarantee that they can share some insights on a home that you have never even thought about. Here are some services a good buyer’s agent can and should provide you with:
- A list of comparable sales in close proximity to the property you are buying (to prove that the home is of value).
- An explanation of a property’s “sale-ability.” The last thing you want to do is purchase a home that is going to be difficult to sell when it is time to move on. If it is your first home, I suggest buying a typical style home (colonial, split, cape, etc.) that will appeal to a wide range of people when it comes time to resell your property.
- An evaluation of the land around the home. The agent should make sure there are no issues, such as contaminated SuperFund sights.
- A helping hand through the negotiation process. A Buyer’s agent's top priority is to get you the best possible price while still being able to acquire it. If your offers are too low, you will be outbid by other interested parties.
- An awareness of all properties in your desired price range and location, including “for sale by owner” and other non-MLS properties.
- Answers to any questions you might have if you are unfamiliar with the buying process.
Purchasing property for the first time may seem like a daunting process, but with the right help, it doesn’t have to be.