You Won’t Have As Much Market Knowledge.
Real estate agents have access to real estate property listings, so they know which homes are on the market and what features they have. Professional real estate agents are very familiar with their local markets.
They listen to what you need in a home and find properties within your budget. If you don’t have an agent, you’ll have to do all the heavy lifting and research yourself.
There’s A Lot Of Paperwork Involved
When buying a home, do you know how to draw up an ironclad purchase offer? Can you read an inspection report? Real estate agents can help you manage the mountain of paperwork and draw your attention to important issues.
Agents Have Connections You Might Not Have
Buying a home means working with many third-party experts. A realtor can direct you to quality professionals, such as contractors and home inspectors, that will make the buying process easier.
When you don’t have an agent, you must research services and businesses on your own, which can increase your chances of getting stuck with a poor result.
Negotiations Can Be Tricky
Real estate agents are negotiation experts. If you buy your home without a real estate agent, you will have to negotiate and decide how much to offer on your own. This could very well cause you to unknowingly overpay for your home – or lose out on one you want. When you work with a buyer’s agent, they will negotiate on your behalf with the seller and seller’s agent.
There’s a steep learning curve.
Real estate sales are complicated, and the real estate agents have plenty of experience when it comes to helping you through the process. Going without one means you’ll expend more time doing the research yourself. And in most cases, you don’t know what you don’t know.