Working With A Realtor When Buying A House

22 September 2021
 Categories: Real Estate, Blog


Do you have an interest in buying a home that your family can grow in for many years to come? Although it is common for there to be signs in the yards of homes that are up for sale, it is wise to contact a realtor rather than driving around looking for signs and attempting to view homes on your own. A good reason why is due to some homeowners not allowing anyone to view their homes unless they are potential buyers who are being assisted by a real estate company. There are also numerous other good reasons to contact a realtor that will make the process of buying a home smoother for you. Continue reading for more information about realtors and how they are useful for buyers.

Can Buyers Look at Houses without a Realtor?

It is possible for buyers to look at a house without the assistance of a realtor, but it isn't a good idea. The reason why is because a realtor can provide details about the homes that are up for sale that a buyer might not know about. For example, a realtor can let a buyer know how long a house has been up for sale, which can play a role in negotiating a lower price. Keep in mind that if you are looking for a home in an upscale neighborhood, it might not be possible to view the home without a realtor present. Most of the homeowners in upscale neighborhoods work through real estate companies to prevent people from viewing their homes who can't afford them, or who only wants to view the homes for criminal intent.

What Are the Services Offered by Realtors to Buyers?

There are several services other than finding a house that a buyer can take advantage of by hiring a realtor. For instance, if you need to get a loan, a realtor can recommend mortgage lenders that are trustworthy and might be willing to give you a loan. You should also be aware that there are some realtors who will not work with you unless you have been pre-approved for a loan, such as if you don't intend to pay the full sales price upfront. Other services that a realtor can provide includes providing advice on winning a bidding war, decreasing the amount of time it takes to find a home, and several other services.

How Does a Realtor Get Paid to Assist a Client?

It is common for realtors to get paid a commission on homes that they are able to sell for homeowners. The commission can be paid during the closing process, and the money is commonly paid by the seller. Basically, a realtor will get a certain percentage of the overall sales price of the home. Some realtors charge the buyers they are assisting a small fee, but it will depend on which realtor a buyer hires.

For more information, contact a real estate agent in Tacoma, WA.