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At most times, people who are looking for new homes are looking for various ways to cut costs with this transition in their lives. I mean, who would not want to save that 2%-3% which can be around $3,000 to $4,000 depending on the transaction price. Not to mention, the stacking amount of fees and taxes that come along with this transition.
Yes, true enough, you can buy your own house and handle all the paperwork if you know what to do and if you have the time. Most people who can handle a real estate transaction would most likely be people who are unemployed as they may have time on their hands, and at the same time, really rich. So unless you fall between the 2 categories above, a real estate agent will still fit your home shopping adventure.
Say you want a house that has a lake at the back yard, or just a laid back cozy home in the suburbs. Or would like a basement that you can turn into a playroom for the kids or into a “Man Den”, a real estate agent would have all the connections that you don’t have.
In the real estate transaction, you’d be surprised with the amount of processes and legal facts that you need to know. It’s not just like buying a new dog in the pet store, where in you choose the cutest and fluffiest one in the bunch, sign a few paperwork and go home happy. It will be a real skirmish with all the negotiations and deadlines that you will need to go through to avoid penalties and law suits. This is where a real estate agent and his team comes in. Your agent makes sure that you get your new home the way you want it, at the price that you can afford, without the contingencies and the termites that come along with the transaction.