Reasons Why Hiring Realtor on Home Purchase Is Important

Reasons Why Hiring Realtor on Home Purchase is Important

Gustan Cho Associates are mortgage brokers licensed in 48 states

This article covers reasons why hiring realtor on home purchase is important. Getting hooked up with the right real estate agent is one of the most important factors in the home buying process. Most homebuyers need a real estate agent who not only is knowledgeable but is also familiar with the area and its pros and cons.

The realtor you choose should do their own due diligence on the neighborhood the home buyer is interested in buying. The real estate agent should be a full-time experienced agent with many years of experience.

Homebuyers should be doing due diligence on your real estate agent. Your real estate agent should extensively research homes that you have an interest in which should include comparable sales, school districts, proximity to shopping centers, property values, crime rates, and other amenities nearby. More importantly, the realtor you choose should be available to you 7 days a week. In this article, we will discuss and cover the reasons why hiring realtor on home purchase Is important.

Benefits of Hiring Realtor on Home Purchase

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Hiring realtor on home purchase can be highly beneficial for several reasons. Realtors have market knowledge and have access to comprehensive market data and trends. They can provide insights into local housing market conditions, such as pricing trends, inventory levels, and neighborhood dynamics, helping you make informed decisions.

Benefits of Hiring Realtor on Home Purchase: Negotiation Skills

Realtors are skilled in negotiations and can help their clients with their best interests during price negotiations on the home, contract terms, and other aspects of the home-buying process. Their expertise can help you secure the best possible deal. Realtors have access to Multiple Listing Services (MLS). The MLS provides comprehensive listings of available homes for sale. They can save you time by identifying properties that meet your criteria and arranging viewings. Purchasing a home involves many legal documents and processes. Realtors are familiar with these complexities and can guide you through the paperwork, ensuring that all legal requirements are met and protecting your interests. Click here to find a realtor on home purchase

Professional Networks

Realtors have established networks of professionals in related industries, including lenders, home inspectors, contractors, and lawyers. They can recommend trusted professionals to assist you with various aspects of the home-buying process.

Realtors can provide valuable insights into future developments in the area, such as zoning changes, infrastructure projects, and school district updates, which may impact your decision to purchase a particular property.

Purchasing a home can be an emotional process. Realtors can offer support and guidance, reassurance, and perspective during stressful moments. Realtors are experienced in managing the home buying process efficiently. They can coordinate communication between all parties involved, including sellers, lenders, inspectors, and attorneys, to ensure a smooth transaction from start to finish.

Post-Purchase Assistance

Even after the purchase is complete, realtors can continue to provide assistance and support. Whether you have questions about homeownership or need recommendations for local services, your realtor can be a valuable resource. Hiring a realtor can save you time, money, and stress while ensuring that your home purchase is successful and satisfying.

Choosing Hiring Realtor on Home Purchase

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The team at Gustan Cho Associates is extremely cautious when we refer to anyone. I never refer anyone with who I have not had a prior business relationship with. For every single home buyer, I introduce real estate agents with who I have worked before. I do have close friends of mine who are real estate agents. Some of these realtor friends I have known for many years. They are all professionals and qualified real estate agents.

A real estate agent should be personable, knowledgeable, and go beyond and above the call of duty. It is very important for home buyers and home sellers to get along with realtors.

Before you hire the first realtor you run into, interview several real estate agents. Find out whether or not you get along with them.  See how long it takes for you to get a hold of them. See how timely they return your texts, emails, and calls. Make sure they are knowledgeable in the area you are interested in buying or selling. How long have they been in the business? Check out their online reviews.

Benefits of Using Real Estate Agents

Real Estate Agents are quarterbacks who coordinate real estate transaction goes smoothly. This is done by keeping in touch with the mortgage broker/banker, seller’s agent, and attorneys until the day of closing. For example, my son Timothy Cho, who is in the military, just completed his military training and is on the reserves, and will be residing in Illinois. Timothy is a first-time homebuyer. I referred Timothy to one of my real estate agent partners without hesitation. I am currently working on trying to get Timothy qualified for a mortgage loan. Once he is pre-approved for a certain amount, I will give Tim and the realtor heads up to go shopping.

Talk to our known real estate agents for your home purchase

Home Sellers

Who are the home sellers?A very close friend of mine from Round Lake Beach, Illinois has over 70 residential properties and wants to sell a few of them. His daughter is even a realtor. He has not been having too much luck with a realtor who is aggressive, returns his calls in a timely period, and works evenings and weekends. He asked me for a referral since I have a lot of business relationships with a lot of realtors. Without hesitation, I referred him to one of my realtor agent partners. My friend listed, 3 of his 70 properties initially and he just called me a few days ago to thank me. The 3 homes are not sold yet. But my friend was extremely impressed with the activity that the realtor, I referred to him has brought to the table in just 4 short weeks. If you are interested in buying or selling a home in Northern Illinois or the Chicagoland area, please contact us at Gustan Cho Associates at 1-800-900-8569 or text for a faster response. Or email us at gcho@gustancho.com.

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