Why 90% of Homebuyers Have Historically Opted To Work With a Real Estate Agent or Broker

According to NAR, 90% of homebuyers have historically opted to work with a real estate agent or broker. 

 

Under normal circumstances, purchasing a home can be a challenge, but as buyers continue to face limited inventory, rising home prices, and more, working with an experienced agent is becoming more crucial than ever. 

 

Realtors Offer Increased Access to Listings

 

Homeowners can use popular listing sites like Zillow and Redfin to search for homes, but a realtor can often provide a better picture of your current selections. 

 

Agents often turn to the MLS, a database established by cooperating real estate brokers to provide data about properties for sale, allowing agents to see accurate and up-to-date listings of properties for sale to connect homebuyers with potential sellers. 

 

Expert Agents Are Often Expert Negotiators 

 

Negotiation skills are among the greatest benefits offered by real estate agents. An expert agent can help negotiate sellers down to a lower price when possible and practical, protect you from overpaying by including specific contingencies in your purchase contract, and request credits and concessions when applicable. 

 

Working with the right realtor means that you don’t have to worry about overpaying for a house, or that you’ll end up stuck with a lemon. Your agent should always put your best interest first throughout your home search.

 

Real Estate Agents Provide Invaluable Experience

 

Knowledge is power when it comes to buying a home.

Purchasing a home can be a stressful process, but an agent can help ensure that things go smoothly. Between providing knowledge about the property, offering a network of trusted referral partners, and serving as one of your greatest supporters during the homebuying process, working with an experienced agent can make all the difference. 

 

Closing Thoughts

 

Buying a home is one of the biggest transactions of your life. You can try to do it alone to save money, but hiring an agent has many advantages. Agents can help you find the perfect property, help you negotiate a better deal, and dedicate time to your sale.