Benefits Of Hiring Real Estate Agent When Buying Or Selling Home

This Article Is About Benefits Of Hiring Real Estate Agent When Buying Or Selling Home

There are thousands of professional realtors in Illinois. Mortgage professionals truly do respect the job that they do in assisting buyers and sellers.

  • Hiring realtors to represent a home buyer and/or home seller is optional
  • Many home sellers believe that there are no Benefits Of Hiring Real Estate Agent and that they can sell the home themselves
  • Many home buyers also feel there are no Benefits Of Hiring Real Estate Agent
  • They feel they can get a better deal if they just deal with the listing agent and/or home seller
  • Realtors normally charge 6% commission of the sales price
  • This realtor commission is paid for by home sellers
  • Both the home buyers agent and listing agent splits the commission paid by the seller
  • There are huge Benefits Of Hiring Real Estate Agent when buying or selling home

Benefits Of Hiring Real Estate Agent And Realtors RoleBenefits Of Hiring Real Estate Agent

Real Estate Agents are licensed professionals who are experts in helping their clients buy and sell homes.

  • Agents are familiar with the types of properties and values in the area they represent

Realtors can help home buyers narrow their property search based on what home buyers expect:

  • Area 
  • Square Footage
  • School District
  • Number Of Bedrooms
  • Lot Size
  • Distance To Shopping And Highway
  • Every realtor has their own way of doing business

Some big name realtors have several licensed assistants where their assistants do their work while the head honcho markets new business.

Benefits Of Hiring Real Estate Agent On Home Purchase

There are other realtors who just specialize in specialty homes. Some agents are specialists in the following:

Pricing Homes Right For Faster Sale

Most realtors do not want to handle lower priced homes.

  • They usually want to shy away from a home buyer who has less than perfect credit
  • However, there are many fine professional agents who like working with home buyers
  • Especially first time home buyers, who have less than perfect credit

Many professional agents have co-branding/partnership relationships with loan officers.

Real Estate Relationships And Referal PartnersWhat are Real Estate Relationships And Referal Partners

Gustan Cho Associates has countless of realtor relationships nationwide. We work very closely with our realtor partners in helping their clients qualify for mortgages.

  • Fortunately, our team of loan officers work with very hard working real estate agents in multiple states
  • We have a database of veteran experienced real estate agents nationwide who goes above and beyond in taking care of their buyers and sellers like if they were their own family members

The thing that really touches my heart is when our borrowers tells us how much they appreciative the realtors we recommend them in their home buying process.

My Experience With A True Professional Who Truly Cares

Realtors contact us because of our national reputation in being a direct lender with no overlays on government and conventional loans.

  • Over 75% of our borrowers at Gustan Cho Associates are folks who either gotten a last minute mortgage loan denial or are stressing during their mortgage process
  • We close 100% of all of our loans because all of our pre-approvals are full credit TBD Property Underwriting Approvals and is fully underwritten and signed off by our mortgage underwriters

The main and number one reason why a is a last minute mortgage denial and/or stress during the mortgage process is because the loan officer did not properly qualify a borrower. There is no reason why any borrower should get a mortgage denial or stress during the mortgage process.

Case Scenario Where Buyer’s Real Estate Agent Saved A Deal

A real estate agent recently explained to me that she had a client who needs to be pre-approved:

  • But had a hard time getting approved from construction company her other lender partners
  • Her clients were first time home buyers and the purchase price was only $119,000
  • However, due to the husband’s recent bankruptcy filing the wife was the only borrower that could be on the loan
  • She only had limited work history and limited income as well as high debt to income ratios
  • The agent has frantically looked for a lender with no overlays for her client for the past 8 months
  • Finally got referred to me
  • We had a very nice conversation two months ago and I agreed to take on the deal
  • Long story short, we ended up closing the loan

The agent was the quarterback in this home purchase transaction. Her buyers would have given up on the home purchase but the agent went above and beyond and found us, where we have no overlays on FHA Loans.

Not All Realtors Are Created EqualWhy Not All Realtors Are Created Equal

Most of our loan officers often get countless of compliments by our borrowers on the gratitude they have towards their real estate agents.

  • Often, our borrowers tell our loan officers how hard their realtors work
  • Many times, real estate agents are hands on
  • There are many who specialize in helping home buyers with bad credit or other issues where getting a mortgage is often difficult
  • There are many agents who work late evenings and weekends 
  • Many realtors are experts with working with first time home buyers where they are scared and have many questions

Gustan Cho Associates Mortgage Group has a database of preferred real estate agents nationwide who can help qualified home buyers.

In Conclusion On Benefits Of Hiring Real Estate Agent

There are countless of benefits of hiring real estate agent on home purchase or when selling home. Loan officers and real estate agents work together prior and during the mortgage process. Real Estate Agents help home buyers negotiate the purchase price. They also will request the right amount of sellers concessions so the home buyers do not have to come up with any closing costs. If something comes up during the home inspection, agents can re-negotiate the terms and/or price and re-do the real estate purchase contract. Real Estate Agents have their client’s best interest in mind. Due to the many reasons, the Benefits Of Hiring Real Estate Agent is highly recommend for both buyers and sellers.

  1. Taylor Hicken says

    You made a good point when you shared that real estate agents can help buyers to negotiate the right price when buying a property. My uncle just mentioned the other day that he is planning on buying a house for his son who is getting married in a few months so he has a place to live with his wife as his house is already packed with the other children. I will suggest to him looking for a reliable real estate agent who can help negotiate the best price. Like to than Alex Carlucci on his informative videos on

  2. Eli Richardson says

    It really helped when you said that real estate agents help home buyers negotiate the purchase price. My sister wants to buy a house near my mother. After looking at some options, she couldn’t find any that were good enough. I think that she should hire a professional to take care of it. Plus, it’ll save her time, and she’ll be sure to get the best offer. I’ll be sure to share this article with her. I’m grateful for your information about the benefits of a real estate agent.

  3. Jonathan May says

    Hiring a real estate agent is really crucial. You have to choose the right one because it can either help you or break you.

  4. Charlotte Fleet says

    My husband and I want to buy a home this year and are considering how to go about the process. I love how you said that real estate agents are great at negotiating to get a good price. We will have to find an amazing real estate agent to help us get a great house for an amazing deal.

  5. Eli Richardson says

    It’s great that you talked about how a realtor helps you research a neighborhood before buying a house in it. Recently, my brother said he’s ready to start looking for a house. He and his wife want to move into a new home by fall, so I’ll be sure to share this article with them. Thanks for the tips about how a real estate agent helps you make the most out of your property purchase. I have learned so much from all the unique clear information on Gustan Cho Associates.

  6. Jonathan Hansen says

    Thank you for pointing out that a real estate agent can help you find the right house to buy. My wife and I want to buy our dream house this year, so we’re considering contacting a real estate agent. I’m going to see if there’s a good real estate agent in the area that can help us buy a home. Michelle McCue of Gustan Cho Associates referred me to Piotr Bieda of Keller Williams of Lombard, Illinois where he got me a deal on a multiple offer home. I got the winning bid and Michelle McCue of Gustan Cho Associates was my loan officer. Not only did I get qualified and approved with a 587 credit score, but had a great rate and closed on time. Thank you team Gustan Cho Associates.

  7. Provident Real Estate says

    Thank you for all your help. Your service was excellent and very FAST. Many thanks for you kind and efficient service. I have already and will definitely continue to recommend your services to others in the future. LIKE to thank the experts of Gustan Cho Associates for publishing great information on mortgages and real estate. The latest agency mortgage guidelines are posted on Gustan Cho Associates.

  8. Jose Manual Flores says

    I have my COE from the VA and recently found out that most lenders have a minimum credit score requirement that I do not meet. Would you be able to work with me on this?

  9. Margaret Sanchez says

    Like to thank Gustan Cho Associates for the great information on the website. Special thanks to Gina Pogol the managing editor for managing such an informational website and Alex Carlucci for the great informative videos.
    This article is very nice and contains useful information. I really appreciate your efforts for this article. Hi, my fico score is 565 I just had it pulled yesterday and every lender says it’s too low but on your website, it shows your ability to get me a VA loan with that score.
    I was hoping you could help me. We have enough for a 10% down payment of up to 200k house.

  10. Larry Weaver says

    Mine and my family’s home has holes in the floor, rotting floor spots, plumbing leaks, and electrical problems and I am a disabled veteran with poor credit with a fixed income but steady. We don’t want a huge loan, maybe the smallest amount possible really. We are just in dire need of repairs for our own personal safety.

  11. rachel frampton says

    My sister Darlene would like to buy a residential house this year, and that is why she’s thinking of hiring a real estate agent that will help her out. Anyhow, I will keep in mind to tell her that she should save enough money for the 6% commission. I’ll make sure to tell her that she should check whether her prospective house is near with good schools too, just like what you suggested.

  12. Braden Bills says

    My wife and I are looking for a home, but we’re not sure how to choose one. It makes sense that we would want to get a real estate agent to help us out with this! That seems like a great way to ensure that I get someone that has experience with the area that we’re looking in. My husband and I are a treat into Chapter 13. We are trying to see what our options are for a refinance or home equity loan, credit.

  13. Chris Pederson says

    It’s good to know that prior to the mortgage process, real estate agents work with loan officers. That could really help me get a good deal. Then maybe I could get my dream house! Need to get approval for a home loan. Looking to buy within 2-3 months. I am a disabled veteran

  14. namrata says

    very effective and good article. its very essential for today life. real estate is booming day by day for more about real estate service visit
    Thank you.

  15. Privident state says

    Amazing write up! Thanks for this post

  16. Hailey Miller says

    It really helped when you said that real estate agents are experts in helping clients buy or sell homes. As you said, they are familiar with all the properties they speak for in a specific area. I guess we should look for fixed real estate in July once we decided to sell our house. We’re hoping to find an expert who can handle all the negotiations for us so we can sell the house faster. Getting approved. Have high DTI so lenders see me as risky. Credit is at 717 all my credit cards are also paid I’m full. Only have 10 K for down. Plz help!

  17. Mia Evans says

    It got me when you said that real estate agents are licensed professionals who are experts in buying or selling homes. I can imagine how important they would be to anyone who plans to invest in real estate and rent out the property during summer. This will ensure that they will get the best deals in the market. I’m interested in buying a home, my fico scores are 623, 616, and 613, I would like to know what my options are.

    1. Gustan Cho, NMLS 873293 says

      Reach out to us at [email protected].

  18. Henry Killingsworth says

    It’s great that you explained that real estate agents can help buyers narrow their search. My wife and I are going to be moving to a new state in a couple of months, and we feel overwhelmed by the large selection of homes in the area we are going to. It seems like hiring a real estate agent would be a good way for us to not be as overwhelmed.Hi there,

    I came across your website while investigating home equity & refinancing while in CH 13. I would like to get a home equity loan to get out of CH13 and then refinance, if possible. I have been in Ch13 for 3 years (in June) of 5-year plan.

    I live in Indiana. Please let me know who to contact and how to proceed.

    Thank you,

  19. Thomson Smith says


    I saw your information in the below article. I paid off all my credit cards and car note accounts to fix my DTI. I don’t want to apply for any mortgage loans until it updates, but I don’t want to wait for 30 days with the way the market is moving. I received all my letters and saw that you offer rapid rescores. Is this something I can do through your company? I want to try and get the best loan interest rate and qualify for a higher mortgage amount without lowering my scores by unnecessary inquiries. Please let me know if this is a service you offer or can refer me to someone.

    Tiffany Collins

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